SUPPLEMENT dated October 12, 1998 to
PROSPECTUS dated May 1, 1998 for
INDIVIDUAL FLEXIBLE PREMIUM VARIABLE
AND FIXED LIFE INSURANCE POLICY
issued by Protective Life Insurance Company
The investment manager for each of the Protective Investment Company Funds,
Investment Distributors Advisory Services, Inc. ("IDASI"), has changed its name
to Protective Investment Advisors, Inc.
The following replaces the section entitled "Corporate Purchasers" on page 53 of
the Prospectus.
Corporate and Other Special Purchasers
The Policy is available for individuals and for corporations
and other institutions. For corporate or other group or sponsored
arrangements or clients of fee-only planning firms or registered
investment advisors, purchasing one or more Policies, the Company may
reduce the amount of the premium expense charge, monthly administration
fee, or other charges where the expenses associated with the sale of
the Policy or Policies or the underwriting or other administrative
costs associated with the Policy or Policies are reduced. Sales,
underwriting or other administrative expenses may be reduced for
reasons such as expected economies resulting from a corporate purchase,
a group or sponsored arrangement or arrangements with fee-only planning
firms or registered investment advisors, from the amount of the initial
Premium Payment or Payments, or the amount of projected Premium
Payments.
