<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>                                   9-MOS
<FISCAL-YEAR-END>                              DEC-31-1999
<PERIOD-START>                                 JAN-01-1999
<PERIOD-END>                                   SEP-30-1999
<DEBT-HELD-FOR-SALE>                           6,233,825
<DEBT-CARRYING-VALUE>                          0
<DEBT-MARKET-VALUE>                            0
<EQUITIES>                                     19,867
<MORTGAGE>                                     1,895,574
<REAL-ESTATE>                                  16,201
<TOTAL-INVEST>                                 8,557,061
<CASH>                                         24,763
<RECOVER-REINSURE>                             802,808
<DEFERRED-ACQUISITION>                         960,092
<TOTAL-ASSETS>                                 12,123,261
<POLICY-LOSSES>                                4,400,823
<UNEARNED-PREMIUMS>                            519,934
<POLICY-OTHER>                                 0
<POLICY-HOLDER-FUNDS>                          119,399
<NOTES-PAYABLE>                                2,346
<PREFERRED-MANDATORY>                          2
<PREFERRED>                                    0
<COMMON>                                       5,000
<OTHER-SE>                                     1,017,588
<TOTAL-LIABILITY-AND-EQUITY>                   12,123,261
<PREMIUMS>                                     458,121
<INVESTMENT-INCOME>                            462,982
<INVESTMENT-GAINS>                             454
<OTHER-INCOME>                                 19,846
<BENEFITS>                                     573,596
<UNDERWRITING-AMORTIZATION>                    82,315
<UNDERWRITING-OTHER>                           139,326
<INCOME-PRETAX>                                146,166
<INCOME-TAX>                                   53,603
<INCOME-CONTINUING>                            92,563
<DISCONTINUED>                                 0
<EXTRAORDINARY>                                0
<CHANGES>                                      0
<NET-INCOME>                                   92,563
<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>