<TABLE> <S> <C>


<ARTICLE>                                           7
<LEGEND>
This schedule contains summary financial information extracted from the
financial statements of American Foundation Life Insurance Company and is
qualified inits entirety by reference to such financial statements.
</LEGEND>
       
<S>                             <C>               <C>
<PERIOD-TYPE>                   3-MOS             3-MOS
<FISCAL-YEAR-END>               DEC-31-1998       DEC-31-1997
<PERIOD-START>                  JAN-01-1998       JAN-01-1997
<PERIOD-END>                    MAR-31-1998       MAR-31-1997
<DEBT-HELD-FOR-SALE>            66,459,518        65,349,537
<DEBT-CARRYING-VALUE>           0                 0
<DEBT-MARKET-VALUE>             0                 0
<EQUITIES>                      0                 0
<MORTGAGE>                      10,660,514        14,479,901
<REAL-ESTATE>                   404,445           417,162
<TOTAL-INVEST>                  92,471,454        95,647,624
<CASH>                          922,319           1,520,131
<RECOVER-REINSURE>              8,673,636         8,871,341      
<DEFERRED-ACQUISITION>          1,718,264         1,833,768
<TOTAL-ASSETS>                  105,245,731       108,289,932
<POLICY-LOSSES>                 55,623,001        58,002,573
<UNEARNED-PREMIUMS>             0                 0               
<POLICY-OTHER>                  0                 0
<POLICY-HOLDER-FUNDS>           11,871,542        17,770,906
<NOTES-PAYABLE>                 0                 0
<PREFERRED-MANDATORY>           2,000             2,000
<PREFERRED>                     0                 0
<COMMON>                        2,000,000         2,000,000
<OTHER-SE>                      24,508,404        20,414,625
<TOTAL-LIABILITY-AND-EQUITY>    105,245,731       108,289,932
<PREMIUMS>                      1,527,972         2,181,005
<INVESTMENT-INCOME>             1,580,295         1,701,384
<INVESTMENT-GAINS>              0                 0
<OTHER-INCOME>                  0                 0
<BENEFITS>                      1,156,305         2,062,782
<UNDERWRITING-AMORTIZATION>     126,598           85,703
<UNDERWRITING-OTHER>            397,526           617,258
<INCOME-PRETAX>                 1,427,838         1,116,646
<INCOME-TAX>                    399,794           379,660
<INCOME-CONTINUING>             1,028,044         736,986
<DISCONTINUED>                  0                 0         
<EXTRAORDINARY>                 0                 0     
<CHANGES>                       0                 0
<NET-INCOME>                    1,028,044         736,986
<EPS-PRIMARY>                   0<F1>             0<F1>         
<EPS-DILUTED>                   0<F1>             0<F1>
<RESERVE-OPEN>                  0                 0              
<PROVISION-CURRENT>             0                 0              
<PROVISION-PRIOR>               0                 0
<PAYMENTS-CURRENT>              0                 0
<PAYMENTS-PRIOR>                0                 0
<RESERVE-CLOSE>                 0                 0
<CUMULATIVE-DEFICIENCY>         0                 0
<FN>
<F1>American Foundation is a wholly-owned subsidiary of Protective Life
Insurance Compnay, which is a wholly-owned subsidiary of Protective Life
Corporation (NYSE:  PL) and is not required to present EPS information.
</FN>
        


</TABLE>