<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 in its entirety by reference to such financial statements.
</LEGEND>
       
<S>                                             <C>              <C>
<PERIOD-TYPE>                                  9-MOS             9-MOS
<FISCAL-YEAR-END>                              DEC-31-1998       DEC-31-1997
<PERIOD-START>                                 JAN-01-1998       JAN-01-1997
<PERIOD-END>                                   SEP-30-1998       SEP-30-1997
<DEBT-HELD-FOR-SALE>                           74,743,852        70,731,637
<DEBT-CARRYING-VALUE>                          0                 0
<DEBT-MARKET-VALUE>                            0                 0
<EQUITIES>                                     0                 0
<MORTGAGE>                                     8,400,177         12,973,129
<REAL-ESTATE>                                  398,087           410,803
<TOTAL-INVEST>                                 95,339,893        97,946,517
<CASH>                                         945,224           481,888
<RECOVER-REINSURE>                             7,436,070         8,349,788
<DEFERRED-ACQUISITION>                         1,973,956         1,658,363
<TOTAL-ASSETS>                                 108,007,588       110,869,085
<POLICY-LOSSES>                                55,757,160        56,900,641
<UNEARNED-PREMIUMS>                            0                 0
<POLICY-OTHER>                                 0                 0
<POLICY-HOLDER-FUNDS>                          11,883,412        17,599,169
<NOTES-PAYABLE>                                0                 0
<PREFERRED-MANDATORY>                          2,000             2,000
<PREFERRED>                                    0                 0
<COMMON>                                       2,000,000         2,000,000
<OTHER-SE>                                     28,053,689        28,053,689
<TOTAL-LIABILITY-AND-EQUITY>                   108,007,588       110,869,085
<PREMIUMS>                                     4,929,264         6,823,120
<INVESTMENT-INCOME>                            4,893,543         4,800,503
<INVESTMENT-GAINS>                             (500,000)         0
<OTHER-INCOME>                                 0                 8,718
<BENEFITS>                                     5,967,483         6,832,283
<UNDERWRITING-AMORTIZATION>                    311,379           261,108
<UNDERWRITING-OTHER>                           1,137,529         1,827,291
<INCOME-PRETAX>                                1,906,416         2,711,658
<INCOME-TAX>                                   533,796           921,964
<INCOME-CONTINUING>                            1,372,620         1,789,694
<DISCONTINUED>                                 0                 0
<EXTRAORDINARY>                                0                 0
<CHANGES>                                      0                 0
<NET-INCOME>                                   1,372,620         1,789,694
<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 Company, which is a wholly-owned subsidiary of Protective Life 
Corporation (NYSE:  PL)  and is not required to present EPS information.
</FN>
        


</TABLE>