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                                                                    EXHIBIT 3(c)


Filed only for Securities and Exchange Commission reporting purposes and not
filed with The Ohio Secretary of State


                 AMENDED AND RESTATED ARTICLES OF INCORPORATION

                                       OF

                            BANCINSURANCE CORPORATION


         FIRST: The name of the corporation shall be BANCINSURANCE CORPORATION.

         SECOND: The place in the State of Ohio where the principal office of
the corporation is to be located in the City of Columbus, Franklin County.

         THIRD: The purpose of the corporation is to engage in any BUSINESS or
lawful act or activity for which corporations may be formed under Chapter 1701
of the Ohio Revised Code.

         FOURTH:

         SECTION 1. The number of shares which the corporation is authorized to
have outstanding shall be 20,200,000, 20,000,000 of which shall be Common
Shares, without par value, 100,000 of which shall be Class A Serial Preference
Shares, without par value, and 98,646 of which shall be Class B Serial
Preference Shares, without par value.

         SECTION 2. The express terms and provisions of the shares of each class
are as follows:


                                  SUBDIVISION A
                        Class A Serial Preference Shares
                               Issuable in Series

         The Class A Serial Preference Shares may be issued from time to time in
series. The Class A Serial Preference Shares of all series shall be in all
respects entitled to the same preferences, rights and privileges and subject to
the same terms and provisions, except that different series of Class A Serial
Preference Shares may vary as to dividend rate, redemption rights and price,
liquidation price, conversion rights, if any, sinking fund requirements, if any,
the dates of payment of dividends and the dates from which they are cumulative,
and restrictions, if any, on the issuance of shares of any class or series, all
of which shall be fixed as hereinafter provided. The terms and provisions set
forth in Subdivision B hereof shall apply to the Class A Serial Preference
Shares of all series. All the shares of any one series shall be alike.

         Subject to the limitations and restrictions set forth in this Article
Fourth, the Board of Directors is hereby authorized and empowered, at any time,
and from time to time, to designate and issue any authorized and unissued Class
A Serial Preference Shares (whether or not previously designated as shares of a
particular series and including Class A Serial Preference Shares of any series
issued and thereafter acquired by the corporation, except that convertible
shares which have been converted into shares of another class shall not be
reissued as convertible shares) as shares of one or more series, hereby or
hereafter to be designated; to adopt amendments to these Amended Articles of
Incorporation in respect of any such shares; and thereby to determine, fix or
alter:

          (a)  The number of shares to constitute a series and the distinctive
               designation thereof;

          (b)  The rate of the annual dividends thereon, the dates of payment
               thereof, and the date or dates from which such dividends shall be
               cumulative;


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          (c)  The amount per share, if any, which the holders of Class A Serial
               Preference Shares of such series shall be entitled to receive
               upon the redemption thereof, or upon the liquidation, dissolution
               or winding up of the corporation and the amount of premium, if
               any, plus an amount equal to the dividends accrued and unpaid
               thereon;

          (d)  The conversion or exchange rights, if any, of such series,
               including without limitation the price or prices, rate or rates,
               provisions for the adjustment thereof (including provisions for
               protection against the dilution or impairment of such rights),
               and all other terms and conditions upon which Class A Serial
               Preference Shares constituting such series may be convertible
               into, or exchangeable for, shares of any other class or classes
               or series; and

          (e)  The restrictions, if any, on the issuance of shares of any class
               or series.


                                  SUBDIVISION B
                       Provisions Applicable to All Series
                       of Class A Serial Preference Shares

         1. DIVIDENDS. The holders of Class A Serial Preference Shares of each
series shall be entitled to receive, when and as declared by the Board of
Directors, dividends at, but not exceeding, the dividend rate fixed for such
series by the Board of Directors pursuant to the provisions of Subdivision A
hereof. Such dividends shall be cumulative, so that if dividends on all
outstanding Class A Serial Preference Shares of each series at the dividend rate
fixed therefor shall not have been paid or declared and set apart for payment
for all past dividend periods, and for the dividend period current at the time,
the deficiency shall be fully paid, or dividends equal thereto declared and set
apart for payment, but without interest thereon, before any dividends on the
Class B Serial Preference Shares or the Common Shares shall be paid or declared
and set apart for payment.

            Dividends shall not be declared or paid on the Class A Serial
Preference shares of any one series for any dividend period unless dividends
have been, or are contemporaneously, paid or declared and set apart for payment
on the Class A Serial Preference Shares of all series for the dividend periods
terminating on the same or an earlier date.

            Any dividend paid in an amount less than full cumulative dividends
accrued or in arrears on all Class A Serial Preference Shares then outstanding
shall be divided among the outstanding Class A Serial Preference Shares of each
series in proportion to the aggregate amounts which would be distributable to
Class A Serial Preference Shares of each series if full cumulative dividends
were declared and paid thereon.

            The holders of Class A Serial Preference Shares of any series shall
not be entitled to any dividends in excess of the rate fixed for such series.

            After full cumulative dividends as aforesaid upon the Class A Serial
Preference Shares of all series then outstanding shall have been paid for all
past dividend periods, and full dividends on the Class A Serial Preference
Shares for the current dividend period shall have been declared and paid or set
apart for payment, then, and not otherwise, dividends in cash, property, or
shares of any class, may be declared and paid upon the Class B Serial Preference
Shares and the Common Shares.

            The term "accrued and unpaid dividends" as used in this Articles
Fourth means, in respect of each Class A Serial Preference Share of any series,
an amount equal to the dividend rate fixed for such series from the date from
which dividends became cumulative to the date of computation, less the aggregate
amount of dividends paid thereon.

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         2. DISSOLUTION AND LIQUIDATION. The Class A Serial Preference Shares
shall be preferred as to assets as well as dividends and upon the-dissolution,
liquidation, or winding up of the corporation, whether voluntary or involuntary,
the holders of the Class A Serial Preference Shares of each series shall be
entitled to receive and be paid for each share thereof, out of the assets of the
corporation (whether capital or surplus) such amount as shall have been fixed by
the Board of Directors at the time such shares are issued together with an
amount equal to the accrued and unpaid dividends thereon to the date of payment,
plus a premium of such additional amount per share, if any, as shall have been
fixed for such series, before any distribution of the assets shall be made to
the holders of the Class B Serial Preference Shares or the Common Shares, but
the holders of the Class A Serial Preference Shares shall be entitled to no
further participation in such distribution; and the holders of the Common Shares
shall be entitled, to the exclusion of the holders of the Class A Serial
Preference Shares (but subject to the rights of the holders of the Class B
Serial Preference Shares), to all assets of the corporation remaining after
payment to the holders of the Class A Serial Preference Shares of the full
preferential amounts aforesaid. If, upon any such dissolution, liquidation or
winding up, the assets of the corporation distributable among the holders of
Class A Serial Preference Shares shall be insufficient to pay in full the
preferential amounts aforesaid, then such assets or the proceeds thereof, shall
be distributed among the holders of Class A Serial Preference Shares then
outstanding according to the number of shares held by each divided among the
outstanding Class A Serial Preference Shares of each series in proportion to the
aggregate amounts which would be distributable to the Class A Serial Preference
Shares of each series if the full preferential amounts were paid, until such
amount as shall have been so fixed by the Board of Directors shall be
distributed in respect of each share, and if any excess shall then remain, such
excess shall be distributed among the holders of outstanding Class A Serial
Preference Shares ratably in proportion to the amounts to which they are
respectively entitled by reason of accrued and unpaid dividends until each shall
have received payment in full of all accrued and unpaid dividends. The
consolidation or merger of the corporation, at any time, or from time to time,
with any other corporation or corporation, shall not be construed as a
dissolution, liquidation, or winding up of the corporation within the meaning
hereof.

         3. REDEMPTION. The corporation, at its option to be exercised by its
Board of Directors, may redeem the whole or any part of any series of the Class
A Serial Preference Shares which is redeemable, at any time, or from time to
time, by the payment in cash of a price for each series thereof, in such amount
as shall have been fixed by the Board of Directors at the time such shares are
issued, plus a premium of such additional amount per share, if any, as shall
have been fixed as payable in case of redemption in respect of such series,
together with the amount of any dividends accrued and unpaid thereon to the date
of redemption. If at any time less than all of the Class A Serial Preference
Shares then outstanding shall be called for redemption, the Board of Directors
may select the series of Class A Serial Preference Shares to be redeemed and if
less than all the Class A Serial Preference Shares of any series are to be
called for redemption., the shares to be redeemed may be selected by lot, or pro
rata, or by such other equitable method as the Board of Directors in its
discretion may determine. Notice of every such redemption, stating the
redemption date, the redemption price, and the place of payment thereof, shall
be given by mailing a copy of such notice at least thirty (30) days and not more
than sixty (60) days prior to the date fixed for redemption to the holders of
record of the Class A Serial Preference Shares to be redeemed at their
respective addresses as the same appear on the books of the corporation. If such
notice of redemption shall have been duly given, and if on or before the
redemption date specified in such notice all funds necessary for such redemption
shall have been set aside so as to be available therefor, then notwithstanding
that any certificate for Class A Serial Preference Shares so called for
redemption shall not have been surrendered for cancellation, the shares
represented thereby shall no longer be deemed outstanding, the right to receive
dividends thereon shall cease to accrue from and after the date of redemption so
fixed, and all rights with respect to such Class A Serial Preference Shares so
called for redemption shall forthwith on such redemption date cease and
terminate, except only the right of the holders thereof to receive the amount
payable upon redemption thereof, but without interest.

            The corporation shall have the right to purchase Class A Serial
Preference Shares of any series (in the case of redeemable shares at a price not
in excess of the redemption price thereof), either for the purpose of redemption
and retirement or (except in the case of redeemable shares) to be held, used and
disposed of as treasury shares.

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            Subject to the limitations and provisions of this Article Fourth the
Board of Directors may prescribe the manner, terms and conditions upon which
Class A Serial Preference Shares shall be called for redemption, purchased or
redeemed.

         4. PROTECTIVE PROVISIONS. The corporation shall not, without the
affirmative vote at a meeting, or the written consent with or without a meeting
of the holders of at least a majority of the Class A Serial Preference Shares of
the particular series proposed to be affected, change the express terms and
provisions of any series of the Class A Serial Preference Shares in any manner
substantially prejudicial to the holders thereof.

         5. VOTING RIGHTS. Except as otherwise expressly provided herein or by
law, the holders of Class A Serial Preference Shares shall not be entitled to
vote or participate in meetings of shareholders of the corporation.


                                  SUBDIVISION C
                            Class B Serial Preference
                               Issuable in Series

         The Class B Serial Preference Shares may be issued from time to time in
series. The Class B Serial Preference Shares of all series shall be in all
respects entitled to the same preferences, rights, privileges and subject to the
same terms and provisions, except that different series of Class B Serial
Preference Shares may vary as to dividend rate, redemption rights and price,
liquidation price, conversion right, if any, sinking fund requirements, if any,
the dates of payment of dividends, and restrictions, if any, on the issuance of
shares of any class or series, all of which shall be fixed as hereinafter
provided. The terms and provisions set forth in Subdivision D hereof shall apply
to the Class B Serial Preference Shares of all Series. All the shares of any one
series shall be alike.

         Subject to the limitations and restrictions set forth in this Article
Fourth, the Board of Directors is hereby authorized and empowered, at any time,
and from time to time, to designate and issue any authorized and unissued Class
B Serial Preference Shares (whether or not previously designated as shares of a
particular series and including Class B Serial Preference Shares of any series
issued and thereafter acquired by the corporation, except that convertible
shares which have been converted into shares of another class shall not be,
reissued as convertible shares) as shares of one or more series, hereby or
hereafter to be designated; to adopt amendments to these Amended Articles of
Incorporation in respect of any such shares; and thereby to determine, fix or
alter:

          (a)  The number of shares to constitute a series and the distinctive
               designation thereof;

          (b)  The rate of annual dividends thereon and the dates of payment
               thereof;

          (c)  The amount per share, if any, which the holders of Class B Serial
               Preference Shares of such series shall be entitled to receive
               upon the redemption thereof, or upon the liquidation, dissolution
               or winding up of the corporation and the amount of premium, if
               any, plus an amount equal to the dividends accrued and unpaid
               thereof;

          (d)  The conversion or exchange rights, if any, of such series,
               including without limitation the price or prices, rate or rates,
               provisions for the adjustment thereof (including provisions for
               protection against the dilution or impairment of such rights),
               and all other terms and conditions upon which Class B Serial
               Preference Shares constituting such series may be convertible
               into, or exchangeable for, shares of any other class or classes
               or series; and

          (e)  The restrictions, if any, on the issuance of shares of any class
               or series.

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                                  SUBDIVISION D
                       Provisions Applicable to All Series
                       Of Class B Serial Preference Shares

         1. DIVIDENDS. The holders of Class B Serial Preference Shares of each
series shall be entitled to receive, when and as declared by the Board of
Directors, dividends at, but not exceeding, the dividend rate fixed for such
series by the Board of Directors pursuant to the provisions of Subdivisions C
hereof. Such dividends shall not be cumulative. If dividends on all outstanding
Class B Serial Preference Shares of each series at the dividend rate fixed
therefor shall not have been paid or declared and set apart for payment for the
dividend period current at the time, the deficiency shall be fully paid, or
dividends equal thereto declared and set apart for payment, but without interest
thereon, before any dividends on the Common Shares shall be paid or declared and
set apart for payment.

            Dividends shall not be declared or paid on the Class B Serial
Preference Shares of any one series for any dividend period unless dividends
have been, or are contemporaneously, paid or declared and set apart for payment
on the Class B Serial Preference Shares of all series for the dividend periods
terminating on the same or an earlier date.

            Any dividend paid in an amount less than full dividends accrued upon
all Class B Serial Preference Shares then outstanding shall be divided among the
outstanding Class B Serial Preference Shares of each series in proportion to the
aggregate amounts which would be distributable to the Class B Serial Preference
Shares of each series if full dividends were declared and paid thereon.

            The holders of Class B Serial Preference Shares of any series shall
not be entitled to any dividends in excess of the rate fixed for such series.

            After full dividends on the Class B Serial Preference Shares for the
current dividend period shall have been declared and paid or set apart for
payment, then, and not otherwise, dividends in cash, property, or shares of any
class, may be declared and paid upon the Common Shares.

            The term "accrued and unpaid dividends" as used in this Article
Fourth means, in respect of each Class B Serial Preference Share of any series,
an amount equal to the dividend rate fixed for such series from the date of the
then current dividend period to the date of computation, less the aggregate
amount of dividends paid thereon.

         2. DISSOLUTION AND LIQUIDATIONS. The Class B Serial Preference Shares
shall be preferred over the Common Shares as to assets as well as dividends and
upon the dissolution, liquidation, or winding up of the corporation, whether
voluntary or involuntary, the holders of the Class B Serial Preference Shares of
each series shall be entitled to receive and be paid for each share thereof, out
of the assets of the corporation (whether capital or surplus) such amount as
shall have been fixed by the Board of Directors at the time such shares are
issued together with an amount equal to the accrued and unpaid dividends thereon
to the date of payment, plus a premium of such additional amount per share, if
any, as shall have been fixed for such series, before any distribution of the
assets shall be made to the holders of the Common Shares, but the holders of the
Class B Serial Preference Shares shall be entitled to no further participation
in such distribution; and the holders of the Common Shares shall be entitled, to
the exclusion of the holders of the Class B Serial Preference Shares, to all
assets of the corporation remaining after payment to the holders of the Class B
Serial Preference Shares of the full preferential amounts aforesaid. If, upon
any such dissolution, liquidation or winding up, the assets of the corporation
distributable among the holders of Class B Serial Preference Shares shall be
insufficient to pay in full the preferential amounts aforesaid, then such assets
or the proceeds thereof, shall be distributed among the holders of Class B
Serial Preference Shares then outstanding according to the number of shares held
by each divided among the outstanding Class B Serial Preference Shares of each
series in proportion to the aggregate amounts which would be distributable to
the Class B Serial Preference Shares of each series if the full preferential
amounts were paid, until such amount as shall have been so fixed by the Board of
Directors shall be distributed in respect of each share, and if any excess shall
then remain, such excess shall be distributed among

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the holders of outstanding Class B Serial Preference Shares ratably in
proportion in the amounts to which they are respectively entitled by reason of
accrued and unpaid dividends until each shall have received payment in full of
all accrued and unpaid dividends. The consolidation or merger of the
corporation, at any time, or from time to time, with any other corporation or
corporations, shall not be construed as a dissolution, liquidation, or winding
up of the corporation within the meaning hereof.

         3. REDEMPTION. The corporation, at its option to be exercised by its
Board of Directors, may redeem the whole or any part of any series of the Class
B Serial Preference Shares which is redeemable, at any time, or from time to
time, by the payment in cash of a price for each series thereof, in such amount
as shall have been fixed by the Board of Directors at the time such shares are
issued, plus a premium of such additional amount per share, if any, as shall
have been fixed as payable in case of redemption in respect of such series,
together with the amount of any dividends accrued and unpaid thereon to the date
of redemption. If at any time less than all of the Class B Serial Preference
Shares then outstanding shall be called for redemption, the Board of Directors
may select the series of Class B Serial Preference Shares to be redeemed and if
less than all the Class B Serial Preference Shares of any series are to be
called for redemption, the shares to be redeemed may be selected by lot, or pro
rata, or by such other equitable method as the Board of Directors in its
discretion may determine. Notice of every such redemption, stating the
redemption date, the redemption price, and the place of payment thereof, shall
be given by mailing a copy of such notice at least thirty (30) days and not more
than sixty (60) days prior to the date fixed for redemption to the holders of
record of the Class B Serial Preference Shares to be redeemed at their
respective addresses as the same appear on the books of the corporation. If such
notice of redemption shall have been duly given, and if on or before the
redemption date specified in such notice all funds necessary for such redemption
shall have been set aside so as to be available therefor, then notwithstanding
that any certificate for Class B Serial Preference Shares so called for
redemption shall not have been surrendered for cancellation, the shares
represented thereby shall no longer be deemed outstanding, the right to receive
dividends thereon shall cease to accrue from and after the date of redemption so
fixed, and all rights with respect to such Class B Serial Preference Shares so
called for redemption shall forthwith on such redemption date cease and
terminate, except only the right of the holders thereof to receive the amount
payable upon redemption thereof, but without interest.

            The corporation shall have the rights to purchase Class B Serial
Preference Shares of any series (in the case of redeemable shares at a price not
in excess of the redemption price thereof), either for the purpose of redemption
and retirement or (except in the case of redeemable shares) to be held, used and
disposed of as treasury shares.

            Subject to the limitations and provisions of this Article Fourth the
Board of Directors may prescribe the manner, terms and conditions upon which
Class B Serial Preference Shares shall be called for redemption, purchased or
redeemed.

         4. PROTECTIVE PROVISIONS. The corporation shall not, without the
affirmative vote at a meeting, or the written consent with or without a meeting
of the holders of at least a majority of the Class B Serial Preference Shares of
the particular series proposed to be affected, change the express terms and
provisions of any series of the Class A Serial Preference Shares in any manner
substantially prejudicial to the holders thereof.

         5. VOTING RIGHTS. Except as otherwise expressly provided herein or by
law, the holders of Class B Serial Preference Shares shall not be entitled to
vote or participate in meetings of shareholders of the corporation.

                                  SUBDIVISION E
                     Provisions Applicable to Common Shares

         VOTING RIGHTS. Each holder of record of Common Shares shall be entitled
to one (1) vote for each Common Share registered in his name on the books of the
corporation.


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         FIFTH: No holder of shares of the corporation of any class shall be
entitled as such, as a matter of right, to subscribe for or purchase shares of
any class, now or hereafter authorized, or to subscribe for or purchase
securities convertible into or exchangeable for shares of the corporation or to
which shall be attached or appertain any warrants or rights entitling the holder
thereof to subscribe for or purchase shares, except such rights of subscription
or purchase, if any, for such considerations and upon such terms and conditions
as its Board of Directors from time to time may determine.

         SIXTH: Notwithstanding any provision of the Ohio Corporation Law, now
or thereafter in force, requiring for any purpose the authorization or taking of
any action by the vote or consent of the holders of shares entitling them to
exercise two-thirds (2/3) or any other proportion of the voting power of the
corporation or of any class or classes of shares thereof, such action, unless
otherwise expressly required by law or these Amended and Restated Articles of
Incorporation, may be authorized or taken by the vote or consent of the holders
of shares entitling them to exercise a majority of the voting power of the
corporation or of such class or classes of shares thereof; provided, however,
that unless at least three-fourths (3/4) of the directors of the corporation
shall recommend the approval of any of the following matters, the affirmative
vote of the holders of shares entitling them to exercise at least three-fourths
(3/4) of the voting power of the corporation, or the affirmative vote of the
holders of at least three-fourths (3/4) of the voting power of each class or
classes of shares of the corporation entitled to vote in respect of any such
matter as a class, shall be required to adopt:

          1.   An amendment to the Amended and Restated Articles of
               Incorporation of the corporation;
          2.   An agreement or merger or consolidation providing for the merger
               or consolidation of the corporation with or into one or more
               other corporations and requiring shareholder approval;
          3.   A proposed combination or majority share acquisition involving
               the issuance of shares of the corporation and requiring
               shareholder approval;
          4.   A proposal to sell, exchange, transfer or otherwise dispose of
               all, or substantially all, of the assets, with or without the
               goodwill of the corporation;
          5.   A proposed dissolution of the corporation.

         SEVENTH: To the extent permitted by law, the corporation, by action
through its Board of Directors, shall have the right and power to repurchase any
of its outstanding shares of any class issued by it at such time, for such
considerations and upon such terms and conditions as may be agreed upon between
the corporation and the selling shareholder.

         EIGHTH: In the event that any person proposes (a) an exchange or tender
offer for shares of the corporation, (b) a merger or consolidation of the
corporation, or (c) a purchase or acquisition of all or substantially all of the
assets of the corporation, the directors shall, in evaluating what is in the
best interests of the corporation and its shareholders, consider the following:

               1.   The fairness of the price or financial terms of the
                    proposal;
               2.   The effect upon employees, customers and suppliers of the
                    corporation;
               3.   The relationship of the proposal to the value of the
                    corporation in a transaction of a similar type resulting
                    from free negotiations;
               4.   Such other factors, whether legal, economic or social, as
                    the directors determine to be relevant to an evaluation of
                    the best interest of the corporation and its shareholders.

         NINTH: These Amended and Restated Articles of Incorporation supersede
and take the place of the existing Article of Incorporation as heretofore
amended.


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         IN WITNESS WHEREOF, the above named officers, acting-for and on behalf
of Bancinsurance Corporation, have hereunto subscribed their names this 10th day
of March, 1993.


                                      By: /s/ Si Sokol, President
                                         ---------------------------------------
                                         Si Sokol, President


                                     By: /s/ Sally J. Cress
                                        ----------------------------------------
                                        Sally J. Cress, Secretary