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[LETTERHEAD]
May 7, 1999
VIA EDGARLINK
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U.S. Securities and Exchange Commission
Office of Insurance Products
Division of Investment Management
450 Fifth Street, N.W.
Washington, D.C. 20549
RE: PROTECTIVE INVESTMENT COMPANY
FILING PURSUANT TO RULE 497(j) FOR
FILE NO. 33-71592; 811-8674
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Commissioners:
On behalf of Protective Investment Company, we hereby certify, pursuant
to Rule 497(j) under the Securities Act of 1933, as amended, that the form of
the Statement of Additional Information ("SAI") being used in connection with
the offering of the interests in the Protective Investment Company funds and
otherwise required to be filed under Rule 497(c) does not differ from the SAI
contained in Post-Effective Amendment No. 10 as filed with the Commission on
April 28, 1999 via EDGARLINK.
Please do not hesitate to call the undersigned at (800) 627-0220 if you
have any questions.
Sincerely,
/s/ Steve M. Callaway
Steve M. Callaway
SMC/ji/34539v5
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