Exhibit 12. Statement re computation of ratios

TORCHMARK CORPORATION

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(Dollar amounts in thousands)

	Year Ended December 31,
	2009		2008		2007		2006		2005
Earnings:
Pre-tax earnings	$	605,193	$	661,257	$	796,805	$	773,570	$	731,521
Fixed charges		71,570		64,918		69,533		75,133		62,775
Earnings before fixed charges	$	676,763	$	726,175	$	866,338	$	848,703	$	794,296
Fixed charges:
Interest expense*	$	69,260	$	62,721	$	67,089	$	71,899	$	60,290
Amortization of bond issue costs		672		508		475		1,237		644
Estimated interest factor of rental expense		1,638		1,689		1,969		1,997		1,841
Total fixed charges	$	71,570	$	64,918	$	69,533	$	75,133	$	62,775
Ratio of earnings to fixed charges		9.5		11.2		12.5		11.3		12.7
Earnings before fixed charges	$	676,763	$	726,175	$	866,338	$	848,703	$	794,296
Interest credited for deposit products		77,624		70,422		66,434		61,940		63,049
Adjusted earnings before fixed charges	$	754,387	$	796,597	$	932,772	$	910,643	$	857,345
Fixed charges	$	71,570	$	64,918	$	69,533	$	75,133	$	62,775
Interest credited for deposit products		77,624		70,422		66,434		61,940		63,049
Adjusted fixed charges	$	149,194	$	135,340	$	135,967	$	137,073	$	125,824
Ratio of earnings to fixed charges including interest credited on deposit products as a fixed charge		5.1		5.9		6.9		6.6		6.8
Rental expense	$	4,963	$	5,118	$	5,967	$	6,050	$	5,579
Estimated interest factor of rental expense (33%)	$	1,638	$	1,689	$	1,969	$	1,997	$	1,841

* There was no interest capitalized in any period indicated.