<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-31-1995
<PERIOD-START>                             JAN-01-1995
<PERIOD-END>                               JUN-30-1995
<DEBT-HELD-FOR-SALE>                         3,831,256
<DEBT-CARRYING-VALUE>                                0
<DEBT-MARKET-VALUE>                                  0
<EQUITIES>                                      46,934
<MORTGAGE>                                       1,621
<REAL-ESTATE>                                   21,142
<TOTAL-INVEST>                               5,852,417
<CASH>                                               0
<RECOVER-REINSURE>                             161,378
<DEFERRED-ACQUISITION>                         409,573
<TOTAL-ASSETS>                               6,766,842
<POLICY-LOSSES>                              1,807,604
<UNEARNED-PREMIUMS>                            133,182
<POLICY-OTHER>                                       0
<POLICY-HOLDER-FUNDS>                          144,690
<NOTES-PAYABLE>                                      0
<COMMON>                                         5,000
<PREFERRED-MANDATORY>                            2,000
<PREFERRED>                                          0
<OTHER-SE>                                     570,564
<TOTAL-LIABILITY-AND-EQUITY>                 6,766,842
<PREMIUMS>                                     184,247
<INVESTMENT-INCOME>                            223,855
<INVESTMENT-GAINS>                               2,106
<OTHER-INCOME>                                   4,193
<BENEFITS>                                     248,928
<UNDERWRITING-AMORTIZATION>                     45,550
<UNDERWRITING-OTHER>                            63,257
<INCOME-PRETAX>                                 56,666
<INCOME-TAX>                                    18,700
<INCOME-CONTINUING>                             37,966
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    37,966
<EPS-PRIMARY>                                        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>