Form 24F-2
Annual Notice of Securities Sold Pursuant to Rule 24F-2
December 31, 1995
1. Name and address of issuer:
Paragon Life Insurance Company
100 South Brentwood
St. Louis, MO 63105
2. Name of each series or class of funds for which this notice is
filed:
American Variable Insurance Series - Cash Management Fund
American Variable Insurance Series - High Yield Bond Fund
American Variable Insurance Series - Growth & Income Fund
American Variable Insurance Series - Growth Fund
American Variable Insurance Series - US Govt/AAA Rated Fund
American Variable Insurance Series - Asset Allocation Fund
American Variable Insurance Series - International Fund
3. Investment Company Act File Number:
811-5382
Securities Act File Number
33-27242
4. Last day of fiscal year for which this notice is filed:
12/31/95
5. Is notice being filed more than 180 days after the close of the
issuer's fiscal year for purposes of reporting securities sold after
the close of the fiscal year but before termination of the issuer's
24f-2 declaration:
N/A
6. Date of termination of issuer's declaration under rule 24f-
2(a)(1), if applicable (see Instruction A.6):
N/A
7. Number and amount of securities of the same class or series which
had been registered under the Securities Act of 1933 other than
pursuant to rule 24f-2 in a prior year, but which remained unsold at
the beginning of the fiscal year:
0 units - $0
8. Number and amount of securities registered during the fiscal year
other than pursuant to rule 24f-2:
0 units - $0
9. Number and aggregate sale price of securities sold during the
fiscal year:
280429 units - $6721398
10. Number and aggregate sale price of securities sold during the
fiscal year in reliance upon registration pursuant to rule 24f-2:
280429 units - $6721398
11. Number and aggregate sale price of securities issued during the
fiscal year in connection with dividend reinvestment plans, if
applicable (see Instruction B.7):
0 units - $0
12. Calculation of registration fees:
(i) Aggregate sale price of securities sold during fiscal year
in reliance on rule 24f-2 (from Item 10):
$12370714
(ii) Aggregate price of shares issued in connection with
dividend reinvestment plans (from Item 11, if applicable):
$0
(iii) Aggregate price of shares redeemed or repurchased during
the fiscal year (if applicable):
$5649316
(iv) Aggregate price of shares redeemed or repurchased and
previously applied as a reduction to filing fees pursuant to
rule 24e-2 (if applicable):
$0
(v) Net aggregate price of securities sold and issued during
the fiscal year in reliance on rule 24f-2 [line (i), plus line
(ii), less line (iii), plus line (iv)] (if applicable):
$6721398
(vi) Multiplier prescribed by Section 6(b) of the Securities
Act of 1933 or other applicable law or regulation (see
Instruction C.6):
.00034482758
(vii) Fee due [line (i) or line (v) multiplied by line (vi)]:
$2317.72
13. Date of wire transfer of filing fees to the Commission
Depository:
