| **Exhibit 31.2**   
I, Raymond L. Carr, certify that:  
1.
I have reviewed this			quarterly report on Form 10-Q for the quarter ending September 30,			2007 of Kentucky Investors, Inc.;  
2.
Based on my			knowledge, this report does not contain any untrue statement of a			material fact or omit to state a material fact necessary to make the			statements made, in light of the circumstances under which such			statements were made, not misleading with respect to the period			covered by this report;  
3.
Based on my			knowledge, the financial statements, and other financial information			included in this report, fairly present in all material respects the			financial condition, results of operations and cash flows of the			registrant as of, and for, the periods presented in this report;  
4.
The registrant's			other certifying officer and I are responsible for establishing and			maintaining disclosure controls and procedures (as defined in			Exchange Act Rules 13a-15(e) and 15d-15(e)) for the registrant, and			we have:   
(a) Designed such			disclosure controls and procedures, or caused such disclosure			controls and procedures to be designed under our supervision, to			ensure that material information relating to the registrant,			including its consolidated subsidiaries, is made known to us by			others within those entities, particularly during the period in			which this report is being prepared,   
(b) Evaluated the			effectiveness of the registrant's disclosure controls and procedures			and presented in this report our conclusions about the effectiveness			of the disclosure controls and procedures, as of the end of the			period covered by this report based on such evaluation, and   
(c) Disclosed in			this report any change in the registrant's internal controls over			financial reporting that occurred during the registrant's most			recent fiscal quarter that has materially affected, or is reasonably			likely to materially affect, the registrant's internal controls over			financial reporting; and  
5.
The registrant's			other certifying officer and I have disclosed, based on our most			recent evaluation of internal controls over financial reporting, to			the registrant's auditors and the audit committee of the			registrant's board of directors:   
(a) All significant			deficiencies and material weaknesses in the design or operation of			internal controls over financial reporting which are reasonably			likely to adversely affect the registrant's ability to record,			process, summarize, and report financial information; and   
(b) Any fraud,			whether or not material, that involves management or other employees			who have a significant role in the registrant's internal controls			over financial reporting.  
 

Date: November 13, 2007
By:
/s/Raymond L. Carr  
Raymond L. Carr  
Vice President -- Chief Financial Officer 
 

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