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                       CONSENT OF INDEPENDENT ACCOUNTANTS

We consent to the incorporation by reference in the registration statement of
Bancinsurance Corporation's 1984 Stock Option Plan and the 1994 Stock Option
Plan on Form S-8 of our report dated February 23, 1996, on our audits of the
consolidated financial statements and financial statement schedules of
Bancinsurance Corporation as of December 31, 1996 and 1995 and for the years
ended December 31, 1996, 1995 and 1994, which report is included in this Annual
Report on Form 10-K.

                                                     Coopers & Lybrand L.L.P.




Columbus, Ohio
February 28, 1997