<ARTICLE> 6 <LEGEND> This schedule contains summary information extracted from the financial statements of Protective Variable Life Separate Account and is qualified in its entirety by reference to such financial statements. </LEGEND> <CIK> 0000948923 <NAME> PROTECTIVE VARIABLE LIFE SEPARATE ACCOUNT <SERIES> <NUMBER> 5 <NAME> SMALL CAP EQUITY SUB ACCOUNT <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> MAR-31-1998 <INVESTMENTS-AT-COST> 653,970 <INVESTMENTS-AT-VALUE> 770,372 <RECEIVABLES> 7,290 <ASSETS-OTHER> 0 <OTHER-ITEMS-ASSETS> 0 <TOTAL-ASSETS> 777,662 <PAYABLE-FOR-SECURITIES> 0 <SENIOR-LONG-TERM-DEBT> 0 <OTHER-ITEMS-LIABILITIES> 0 <TOTAL-LIABILITIES> 0 <SENIOR-EQUITY> 0 <PAID-IN-CAPITAL-COMMON> 0 <SHARES-COMMON-STOCK> 57,673 <SHARES-COMMON-PRIOR> 0 <ACCUMULATED-NII-CURRENT> 0 <OVERDISTRIBUTION-NII> 0 <ACCUMULATED-NET-GAINS> 0 <OVERDISTRIBUTION-GAINS> 0 <ACCUM-APPREC-OR-DEPREC> 0 <NET-ASSETS> 777,662 <DIVIDEND-INCOME> 0 <INTEREST-INCOME> 0 <OTHER-INCOME> 0 <EXPENSES-NET> 0 <NET-INVESTMENT-INCOME> 0 <REALIZED-GAINS-CURRENT> 210 <APPREC-INCREASE-CURRENT> 91,566 <NET-CHANGE-FROM-OPS> 91,776 <EQUALIZATION> 0 <DISTRIBUTIONS-OF-INCOME> 0 <DISTRIBUTIONS-OF-GAINS> 0 <DISTRIBUTIONS-OTHER> 0 <NUMBER-OF-SHARES-SOLD> 11,748 <NUMBER-OF-SHARES-REDEEMED> 2,036 <SHARES-REINVESTED> 0 <NET-CHANGE-IN-ASSETS> 210,015 <ACCUMULATED-NII-PRIOR> 0 <ACCUMULATED-GAINS-PRIOR> 0 <OVERDISTRIB-NII-PRIOR> 0 <OVERDIST-NET-GAINS-PRIOR> 0 <GROSS-ADVISORY-FEES> 0 <INTEREST-EXPENSE> 0 <GROSS-EXPENSE> 32,348 <AVERAGE-NET-ASSETS> 0 <PER-SHARE-NAV-BEGIN> 11.836 <PER-SHARE-NII> 0 <PER-SHARE-GAIN-APPREC> 0 <PER-SHARE-DIVIDEND> 0 <PER-SHARE-DISTRIBUTIONS> 0 <RETURNS-OF-CAPITAL> 0 <PER-SHARE-NAV-END> 13.358 <EXPENSE-RATIO> 0 <AVG-DEBT-OUTSTANDING> 0 <AVG-DEBT-PER-SHARE> 0