SUPPLEMENT dated October 12, 1998 to
PROSPECTUS dated July 14, 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 51 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.
