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,
	2010		2009		2008		2007		2006
Earnings:
Pre-tax earnings	$	778,567	$	577,076	$	628,400	$	739,956	$	710,938
Fixed charges		68,368		62,786		56,134		60,748		60,155
Earnings before fixed charges	$	846,935	$	639,862	$	684,534	$	800,704	$	771,093
Fixed charges:
Interest expense*	$	65,885	$	60,476	$	53,937	$	58,305	$	56,921
Amortization of bond issue costs		860		672		508		475		1,237
Estimated interest factor of rental expense		1,623		1,638		1,689		1,968		1,997
Total fixed charges	$	68,368	$	62,786	$	56,134	$	60,748	$	60,155
Ratio of earnings to fixed charges		12.4		10.2		12.2		13.2		12.8
Earnings before fixed charges	$	846,935	$	639,862	$	684,534	$	800,704	$	771,093
Interest credited for deposit products		82,458		77,624		70,422		66,434		61,940
Adjusted earnings before fixed charges	$	929,393	$	717,486	$	754,956	$	867,138	$	833,033
Fixed charges	$	68,368	$	62,786	$	56,134	$	60,748	$	60,155
Interest credited for deposit products		82,458		77,624		70,422		66,434		61,940
Adjusted fixed charges	$	150,826	$	140,410	$	126,556	$	127,182	$	122,095
Ratio of earnings to fixed charges including interest credited on deposit products as a fixed charge		6.2		5.1		6.0		6.8		6.8
Rental expense	$	4,919	$	4,963	$	5,117	$	5,964	$	6,050
Estimated interest factor of rental expense (33%)	$	1,623	$	1,638	$	1,689	$	1,968	$	1,997

* There was no interest capitalized in any period indicated.