<ARTICLE> 7
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS OF AMERICAN HERITAGE LIFE INVESTMENT CORP. FOR THE SIX
MONTHS ENDED JUNE 30, 1999 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
<CURRENCY> U.S. DOLLARS

                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-START>                             JAN-01-1999
<PERIOD-END>                               JUN-30-1999
<EXCHANGE-RATE>                                      1
<DEBT-HELD-FOR-SALE>                           971,057
<DEBT-CARRYING-VALUE>                                0
<DEBT-MARKET-VALUE>                                  0
<EQUITIES>                                      29,542
<MORTGAGE>                                      92,173
<REAL-ESTATE>                                      588
<TOTAL-INVEST>                               1,565,059
<CASH>                                          20,668
<RECOVER-REINSURE>                              11,950
<DEFERRED-ACQUISITION>                         259,330
<TOTAL-ASSETS>                               2,065,690
<POLICY-LOSSES>                                325,018
<UNEARNED-PREMIUMS>                             42,442
<POLICY-OTHER>                                  61,061
<POLICY-HOLDER-FUNDS>                        1,132,306
<NOTES-PAYABLE>                                 60,346
<PREFERRED-MANDATORY>                          103,500
<PREFERRED>                                          0
<COMMON>                                        28,178
<OTHER-SE>                                     239,180
<TOTAL-LIABILITY-AND-EQUITY>                 2,065,690
<PREMIUMS>                                     154,543
<INVESTMENT-INCOME>                             57,243
<INVESTMENT-GAINS>                                 225
<OTHER-INCOME>                                   1,408
<BENEFITS>                                      97,230
<UNDERWRITING-AMORTIZATION>                     18,773
<UNDERWRITING-OTHER>                            60,058
<INCOME-PRETAX>                                 30,872
<INCOME-TAX>                                    10,340
<INCOME-CONTINUING>                             20,532
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    20,532
<EPS-BASIC>                                        .74
<EPS-DILUTED>                                      .71
<RESERVE-OPEN>                                  65,057
<PROVISION-CURRENT>                                  0
<PROVISION-PRIOR>                                    0
<PAYMENTS-CURRENT>                                   0
<PAYMENTS-PRIOR>                                     0
<RESERVE-CLOSE>                                      0
<CUMULATIVE-DEFICIENCY>                              0