EXHIBIT 23B


                       CONSENT OF INDEPENDENT ACCOUNTANTS

   We hereby consent to the incorporation by reference in this Registration
   Statement on Form S-8 of our report dated March 21, 1996, which appears on
   page II-8 of Mobile America Corporation's Annual Report on Form 10-K for
   the year ended December 31, 1995.  We also consent to the incorporation by
   reference of our report dated March 21, 1996 on the Financial Statement
   Schedules, which appears on page II-8 of such Annual report on Form 10-K.



   Cherry, Bekaert & Holland, L.L.P.

   Certified Public Accountants
   Orlando, Florida


   August 16, 1996