<TABLE> <S> <C>

<ARTICLE>  7
<LEGEND>                                                          
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE BALANCE
SHEET AND INCOME STATEMENT OF FIRST SUNAMERICA LIFE INSURANCE COMPANY'S FORM 10-Q
FOR THE SIX MONTHS ENDED MARCH 31, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
<S>                                  <C>           <C>
<PERIOD-TYPE>                        6-MOS
<FISCAL-YEAR-END>                                   SEP-30-1998
<PERIOD-END>                                        MAR-31-1998
<DEBT-HELD-FOR-SALE>                              1,413,960,000
<DEBT-CARRYING-VALUE>                                         0
<DEBT-MARKET-VALUE>                                           0
<EQUITIES>                                               31,000
<MORTGAGE>                                          150,713,000
<REAL-ESTATE>                                         1,765,000
<TOTAL-INVEST>                                    1,595,534,000
<CASH>                                               22,194,000
<RECOVER-REINSURE>                                            0
<DEFERRED-ACQUISITION>                               90,094,000
<TOTAL-ASSETS>                                    1,951,176,000
<POLICY-LOSSES>                                   1,503,217,000
<UNEARNED-PREMIUMS>                                           0
<POLICY-OTHER>                                                0
<POLICY-HOLDER-FUNDS>                                         0
<NOTES-PAYABLE>                                               0
<COMMON>                                              3,000,000
<PREFERRED-MANDATORY>                                         0
<PREFERRED>                                                   0
<OTHER-SE>                                          173,913,000
<TOTAL-LIABILITY-AND-EQUITY>                      1,951,176,000
<PREMIUMS>                                                    0
<INVESTMENT-INCOME>                                  59,423,000
<INVESTMENT-GAINS>                                    2,470,000
<OTHER-INCOME>                                        3,612,000
<BENEFITS>                                           41,622,000
<UNDERWRITING-AMORTIZATION>                           8,220,000
<UNDERWRITING-OTHER>                                    139,000
<INCOME-PRETAX>                                      13,494,000
<INCOME-TAX>                                          5,533,000
<INCOME-CONTINUING>                                   7,961,000
<DISCONTINUED>                                                0
<EXTRAORDINARY>                                               0
<CHANGES>                                                     0
<NET-INCOME>                                          7,961,000
<EPS-PRIMARY>                                                 0
<EPS-DILUTED>                                                 0
<RESERVE-OPEN>                                                0
<PROVISION-CURRENT>                                           0
<PROVISION-PRIOR>                                             0
<PAYMENTS-CURRENT>                                            0
<PAYMENTS-PRIOR>                                              0
<RESERVE-CLOSE>                                               0
<CUMULATIVE-DEFICIENCY>                                       0
        



</TABLE>