<ARTICLE>                                           7
<LEGEND>
This schedule contains summary financial information extracted from the
consolidated financial statements of Protective Life Insurance Company and is
qualified in its entirety by reference to such financial statements.
</LEGEND>
<MULTIPLIER>                                 1,000

                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                            DEC-31-1999
<PERIOD-START>                               JAN-01-1999
<PERIOD-END>                                 JUN-30-1999
<DEBT-HELD-FOR-SALE>                         6,214,788
<DEBT-CARRYING-VALUE>                        0
<DEBT-MARKET-VALUE>                          0
<EQUITIES>                                   14,815
<MORTGAGE>                                   1,950,362
<REAL-ESTATE>                                16,339
<TOTAL-INVEST>                               8,585,771
<CASH>                                       0
<RECOVER-REINSURE>                           846,738
<DEFERRED-ACQUISITION>                       914,151
<TOTAL-ASSETS>                               12,136,787
<POLICY-LOSSES>                              4,329,872
<UNEARNED-PREMIUMS>                          465,129
<POLICY-OTHER>                               0
<POLICY-HOLDER-FUNDS>                        122,318
<NOTES-PAYABLE>                              39,347
<PREFERRED-MANDATORY>                        2
<PREFERRED>                                  0
<COMMON>                                     5,000
<OTHER-SE>                                   982,774
<TOTAL-LIABILITY-AND-EQUITY>                 12,136,787
<PREMIUMS>                                   304,159
<INVESTMENT-INCOME>                          306,595
<INVESTMENT-GAINS>                           3,664
<OTHER-INCOME>                               11,215
<BENEFITS>                                   376,720
<UNDERWRITING-AMORTIZATION>                  59,225
<UNDERWRITING-OTHER>                         86,258
<INCOME-PRETAX>                              103,430
<INCOME-TAX>                                 37,890
<INCOME-CONTINUING>                          65,540
<DISCONTINUED>                               0
<EXTRAORDINARY>                              0
<CHANGES>                                    0
<NET-INCOME>                                 65,540
<EPS-BASIC>                                0<F1>
<EPS-DILUTED>                                0<F1>
<RESERVE-OPEN>                               0
<PROVISION-CURRENT>                          0
<PROVISION-PRIOR>                            0
<PAYMENTS-CURRENT>                           0
<PAYMENTS-PRIOR>                             0
<RESERVE-CLOSE>                              0
<CUMULATIVE-DEFICIENCY>                      0
<FN>
<F1>Protective Life Insurance Company is a wholly-owned subsidiary of Protective
Life Corporation (NYSE:PL) and is not required to present EPS information.
</FN>