Exhibit (21)



                          Subsidiaries of the Company


                                  (attached)






                                      116

 
                          Subsidiaries of the Company
                                        

             Name                                         State of Domicile
             ----                                         -----------------

Provident Life and Accident Insurance Company                Tennessee    
                                                                          
Provident Life and Casualty Insurance Company                Tennessee    
                                                                          
Provident National Assurance Company                         Tennessee    
                                                                          
The Paul Revere Life Insurance Company                       Massachusetts
                                                                          
The Paul Revere Variable Annuity Insurance Company           Massachusetts
                                                             
GENEX Services, Inc.                                         Pennsylvania 


                                      117