EXHIBIT 10(vi)

                       JEFFERSON-PILOT CORPORATION
                                                
                      LONG TERM STOCK INCENTIVE PLAN


           This Long Term Stock Incentive Plan (the "Plan") of Jefferson-
Pilot Corporation (the "Corporation") reflects amendments effective
February 8 and May 3, 1999 to the Corporation's Long Term Stock
Incentive Plan as amended and restated in 1995 (the "Original
Plan").


1. Purpose of the Plan.

   The purpose of the Plan is to provide further incentive to,
and to encourage stock ownership by, the officers, employees and
agents of the Corporation and its subsidiaries (the "Company"). 
The Plan is intended to benefit the Company and its shareholders by
attracting, retaining and motivating highly qualified employees and
agents and by providing increased incentive to such employees and
agents while also helping to align their interests more closely
with those of shareholders.

2. Administration.

   The Plan shall be administered by the Compensation Committee
(the "Committee") of the Corporation's Board of Directors (the
"Board") exclusive of any member who is not an outside Director
(within the meaning of Section 162(m) of the Internal Revenue Code)
or a non-employee Director within the meaning of Rule 16b-3 ("Rule
16b-3") under the Securities Exchange Act of 1934 (the "1934 Act"). 
The Committee shall have exclusive authority to interpret the Plan,
to establish and revise rules and regulations relating to the Plan
and its administration and to make any other determination which it 
believes necessary or advisable for the administration of the Plan. 
Decisions of the Committee shall be final and binding upon all
persons having an interest in the Plan.

   Subject to the terms and conditions of the Plan, the Committee
shall have the exclusive authority to identify the individuals
eligible to receive awards under the Plan and to make awards of
stock options, stock appreciation rights and stock grants which may
include Long Term Incentive Program ("LTIP") awards. Consistent
with the provisions of the Plan, the Committee shall establish the
terms, conditions and duration of each award made under the Plan.

3. Eligibility.

   Awards under the Plan may be made only to employees of the
Company or to insurance agents who represent one or more of the
Company's life insurance subsidiaries. The Committee may designate
one or more classes of participants under the Plan.  "Employee"
includes full-time life insurance agents who are employees for
Social Security tax purposes.

   The aggregate number of shares covered by options awarded to
an individual during any calendar year shall not exceed 500,000,
subject to adjustment pursuant to Section 12, and the total LTIP
payout to an individual during any calendar year shall not exceed
$800,000.

   No option, stock appreciation right or stock grant may be
granted to any person who, immediately after the time of the award,
owns 10 percent or more of the common stock of the Corporation or
one of its subsidiaries.  For this purpose, all outstanding options
and stock appreciation rights awarded to an individual shall be
considered stock owned by the individual.   

4. Stock Subject to the Plan.

   There shall be reserved for purposes of the Plan, subject to
adjustment pursuant to Section 12, four million shares of the
common stock of the Corporation ("common stock") plus such number
of shares of common stock as remain reserved as of May 3, 1999
under the Original Plan.  Any shares subject to an option or other
award under the Plan which for any reason expires or is terminated
unexercised or unvested as to such shares, any previously acquired
common stock that is tendered as payment for an option being
exercised and any shares withhold for taxes shall be available for
further use under the Plan, to the extent not restricted by Rule
16b-3.

   Restricted and unrestricted stock grants shall be limited to
10% of the total shares reserved for the Plan, subject to
adjustment pursuant to Section 12.

5. Option Price.

   The exercise price of all options and stock appreciation
rights awarded pursuant to the Plan shall be set by the Committee
and shall not be less than the Fair Market Value of the common
stock on the date the award is made. 

   "Fair Market Value" of the common stock on any date shall be
the closing price on that date (or if the Committee so determines
as to ISO's, the mean between the high and low trading prices)
based upon its consolidated trading as generally reported.  For any
date on which the stock is not traded, Fair Market Value shall be
such price on the next preceding trading day.

6. Types of Options.

   All stock options shall represent the right to purchase common
stock and shall be non-qualified stock options unless the Committee
has specified, at the time of grant, that options are Incentive
Stock Options ("ISO's") under Section 422 of the Internal Revenue
Code.  The grant, exercise or lapse of an ISO (or non-qualified
stock option) shall not increase, decrease or otherwise affect the
terms or conditions attached to the grant, exercise or lapse of a
non-qualified stock option (or ISO).

   The aggregate Fair Market Value (determined at the time the
option is granted) of the stock with respect to which ISO's first
become exercisable by an employee during any calendar year shall
not exceed $100,000.  If the Company establishes any other ISO
plan, the $100,000 limit shall apply to ISO's first exercisable in
any calendar year under all of the Company's plans.

7. Limitations on Exercise.

   Each option or stock appreciation right shall be exercisable
for such period as the Committee shall determine, including a
period after termination of employment or an agent's contract, but
for not more than ten years after the date of grant thereof.  

8. Exercise of Option.

   The option price for the shares purchased under an option shall
be paid in full at the time of exercise, in cash or by the
surrender of shares of common stock of the Corporation valued at
Fair Market Value on the date of exercise, or by any combination of
cash and such shares.  Exercise shall be effective upon receipt by
the Secretary of the Corporation of notice of such exercise
accompanied by proper payment.

9. Stock Purchase Savings Account

   The Committee may require that any, certain classes or all
individuals receiving specified options establish and maintain a
Stock Purchase Savings Account.  The purpose of such account would
be to accumulate by payroll deduction on the exercise date of the
option an amount sufficient to fully pay for the number of option
shares, including an allowance for interest on the account at a
rate and under conditions determined by the Committee.

10.     Stock Appreciation Rights.

   The Committee may grant stock appreciation rights to eligible
individuals, either separately or in tandem with stock options. 
The Committee shall determine the time and conditions of
exercisability and whether the stock appreciation shall be payable
in common stock, cash or a combination of both.  The grant,
exercise or lapse of a stock appreciation right shall not increase,
decrease or otherwise affect the terms or conditions attached to
the grant, exercise or lapse of an ISO.

11.     Stock Grants and LTIP.

   The Committee may make stock grants to selected officers and
other employees and agents of the Corporation and its subsidiaries
to enable such persons to acquire stock on such terms and
conditions as the Committee determines are in the best interests of
the Company.  Stock grants may be either Restricted Stock which
vests over time or subject to other conditions, or restricted or
unrestricted stock paid out upon the achievement of performance
goals established by the Committee.  Discretionary, unrestricted
stock grants are not permitted.
   
   The Committee may make LTIP awards payable in whole or part in
common stock.  Until LTIP is revised by the Committee, LTIP payouts
shall be based on cumulative growth in the Company's operating
earnings per share (EPS).  Participants selected by the Committee
shall be eligible for a payment each year, contingent upon the
Corporation's achieving levels, specified by the Committee, of
compound growth rate in cumulative operating earnings per share
("CGR") during the prior three years and continued service to the
end of the three year period.  Payouts shall be expressed as a
percentage (which may vary according to the participant and the
level of CGR achieved, as specified by the Committee) of each
participant's salary during the last year of the three year
measurement period.  The target amount shall be paid if the
targeted CGR is achieved.  The threshold amount shall be paid if
50% of the targeted CGR is achieved; below 50% no payout shall be
made.  The maximum amount shall be paid if 150% or more of the
targeted CGR is achieved.  Payouts, if any, shall be made in a
50/50 ratio of cash and common stock valued at the fair market
value on the payment date. 

12.     Dilution and other Adjustments.

   In the event of any change in the outstanding shares of the
common stock by reason of any stock split, stock dividend,
reorganization, recapitalization, merger, consolidation,
combination or exchange of shares, the sale, lease or conveyance of
all or substantially all of the assets of the Corporation, or other
relevant corporate change, such equitable adjustments shall be made
in the Plan, in the number of shares reserved for the Plan and in
the awards hereunder including the exercise price and number of
shares under outstanding options, as the Committee determines are
necessary or appropriate.  Adjustments for stock splits and stock
dividends shall be automatic.

13.     Change in Control.

   In the event of a Change in Control, options and stock
appreciation rights may become immediately exercisable and may
remain exercisable for such periods not exceeding the original
terms thereof, restricted stock awards may immediately vest, and
long term incentive awards providing for restricted or unrestricted
stock payouts may be immediately settled, and any options or other
awards may be settled in cash, all as the Committee shall determine
either at or after the time of granting the options or making the
respective other awards. "Change in Control" may be defined by the
Committee in its sole discretion.

14.     Miscellaneous Provisions.

   (a)  Rights as Shareholder.  An optionee shall have no rights
as a holder of common stock with respect to options or stock
appreciation rights awarded hereunder, unless and until
certificates for shares of such stock are issued.

   (b)  Non-Transferability.  Options and stock appreciation
rights shall not be assignable or transferable otherwise than by
will or by the laws of descent and distribution or pursuant to a
qualified domestic relations order, and during an optionee's
lifetime shall be exercisable only by the optionee or a duly
appointed guardian or legal representative of the optionee. 
However, the Committee may specify as to one or more optionees,
that limited transfers shall be permitted because of special
circumstances.

   (c)  Agreements.  All options and stock appreciation rights
awarded under the Plan shall be evidenced by agreements or notices
containing such terms and conditions (not inconsistent with the
Plan) as the Committee shall specify.

   (d)  Government Regulations.  The Plan and the awarding and
exercise of options hereunder shall be subject to all applicable
Federal and state laws and all rules and regulations issued
thereunder, including registration and private placement
restrictions, and the Board in its discretion may, subject to the
provisions of Section 16 hereof, make such changes in the Plan
(except such changes which by law must be approved by the
shareholders) or impose restrictions upon the exercise of options
as may be required to conform the Plan to such applicable laws,
rules and regulations.

   (e)  Costs, Expenses and Taxes.  The costs and expenses of
administering the Plan shall be borne by the Company and not
charged to any optionee.  Income and other taxes assessed on the
spread when an option or stock appreciation right is exercised and
on stock grants shall be the responsibility of the individual. Any
tax withholding required by law may be paid through the
Corporation's withholding of shares otherwise issuable upon
exercise, in accordance with procedures established by the
Committee and consistent with Section 16.

   (f)  No Right to Continue as an Employee or Agent.  Neither
the Plan, nor the granting of an option, stock appreciation right
or stock grant or any other action taken pursuant to the Plan,
shall confer upon an individual any right to remain an employee or
agent or restrict the Company's right to take any personnel or
other action with respect to such individual. 

   (g) Notice.  Any notice required or permitted to be given to
the Company under the Plan, including notice of exercise of any
awards, shall be in writing to the Secretary of the Corporation and
shall be effective upon receipt.

15.     Amendment and Termination of the Plan.

   (a)  Amendment of the Plan.  The Board may amend, suspend or
terminate the Plan at any time and from time to time, provided
however that without approval of the Corporation's shareholders, no
revision or amendment shall increase the number of shares reserved
for the Plan (except as provided in Section 12), reduce the minimum
exercise price specified in Section 5, extend the duration of the
Plan, change the designation of the class of employees eligible to
receive options or other awards (except as permitted by Rule 16b-
3), or materially increase the benefits accruing to participants
under the Plan.  Further, no amendment or termination of the Plan
may alter or impair any rights or obligations of any award
previously made without the consent of the awardee.

   (b)  Termination.  The Plan (but not any awards theretofore
made) shall in any event terminate on, and no awards shall be made
after, May 3, 2009.

16.     Compliance with SEC Regulations.

   It is the Corporation's intent that the Plan comply in all
respects with Rule 16b-3 and any related regulations and
interpretations.  If any provision of this Plan is later found not
to be in compliance with such Rule and regulations, the provision
shall be limited in application to persons not affected by Rule
16b-3 if Rule 16b-3 so permits, and otherwise shall be deemed null
and void. 

17.     Section 162(m).

   It is intended that the Plan comply fully with and meet all
the requirements of section 162(m) of the Code so that options,
stock appreciation rights, and LTIP awards granted hereunder and,
if determined by the Committee, restricted stock awards shall
constitute "performance-based" compensation within the meaning of
such section.  If any provision of the Plan would disqualify the
Plan or would not otherwise permit the Plan to comply with section
162(m) as so intended such provision shall be construed or deemed
amended to conform to the requirements or provisions of section
162(m); provided that no such construction or amendment shall have
an adverse effect on the economic value to a holder of any option
or other award previously granted hereunder.

18.     Governing Law.

   The Plan shall be construed in accordance with and governed by
the laws of the State of North Carolina, excluding any choice of
law provisions which may indicate the application of the laws of
another jurisdiction.