<ARTICLE> 7
<LEGEND>
This schedule contains summary financial information extracted from the
condensed consolidated statement of income and condensed consolidated
balance sheet on pages 3 and 4 of Protective Life's Form 10-Q for the
quarterly period ended September 30, 1994 and is qualified in its entirety
by reference to such financial statements.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1994
<PERIOD-START>                             JAN-01-1994
<PERIOD-END>                               SEP-30-1994
<DEBT-HELD-FOR-SALE>                         3,388,320
<DEBT-CARRYING-VALUE>                                0
<DEBT-MARKET-VALUE>                                  0
<EQUITIES>                                      45,197
<MORTGAGE>                                   1,394,367
<REAL-ESTATE>                                   29,407
<TOTAL-INVEST>                               5,156,218
<CASH>                                               0
<RECOVER-REINSURE>                              91,273
<DEFERRED-ACQUISITION>                         374,359
<TOTAL-ASSETS>                               5,827,129
<POLICY-LOSSES>                              1,520,348
<UNEARNED-PREMIUMS>                            100,238
<POLICY-OTHER>                                       0
<POLICY-HOLDER-FUNDS>                          179,107
<NOTES-PAYABLE>                                     46
<COMMON>                                         5,000
<PREFERRED-MANDATORY>                            2,000
<PREFERRED>                                          0
<OTHER-SE>                                     386,171
<TOTAL-LIABILITY-AND-EQUITY>                 5,827,129
<PREMIUMS>                                     289,362
<INVESTMENT-INCOME>                            295,978
<INVESTMENT-GAINS>                               4,855
<OTHER-INCOME>                                   2,871
<BENEFITS>                                     376,536
<UNDERWRITING-AMORTIZATION>                     60,194
<UNDERWRITING-OTHER>                            81,457
<INCOME-PRETAX>                                 74,879
<INCOME-TAX>                                    23,960
<INCOME-CONTINUING>                             50,919
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    50,919
<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 is a wholly owned subsidiary of Protective Life
Corporation and therefore no earnings per share is presented.
</FN>