SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                     FORM 15
     Certification and Notice of Termination of Registration under Section 12(g)
of the  Securities  Exchange Act of 1934 or  Suspension  of Duty to File Reports
Under Sections 13 and 15(d) of the Securities Exchange Act of 1934.

                         Commission File Number 0-15330

                         AmVestors Financial Corporation
             (Exact name of registrant as specified in its charter)

          555 South Kansas Avenue, Topeka, Kansas 66603; (785) 232-6945
 (Address, including zip code, and telephone number, including area code,
                           of registrant's principal executive offices)

                            Common Stock, no par value
                 Warrants to purchase Common Stock, no par value
            (Title of each class of securities covered by this Form)

                                      None
 (Titles of all other classes of securities for which a duty to file reports
                             under section 13(a) or 15(d) remains)

     Please  place  an X in  the  box(es)  to  designate  the  appropriate  rule
provision(s) relied upon to terminate or suspend the duty to file reports:

               Rule 12g-4(a)(1)(i)   X              Rule 12h-3(b)(1)(ii)
               Rule 12g-4(a)(1)(ii)                 Rule 12h-3(b)(2)(i)
               Rule 12g-4(a)(2)(i)                  Rule 12h-3(b)(2)(ii)
               Rule 12g-4(a)(2)(ii)                 Rule 15d-6
               Rule 12h-3(b)(1)(i)

     Approximate  number of holders of record as of the  certification or notice
date: 1

     Pursuant  to  the  requirements  of the  Securities  Exchange  Act of  1934
AmVestors  Financial  Corporation  has caused  this  certification/notice  to be
signed on its behalf by the undersigned duly authorized person.

DATE:  December 19, 1997               BY:   /s/ Mark V. Heitz
                                                  Mark V. Heitz
                                                  President & General Counsel



     Instruction:  This form is required by Rules 12g-4,  12h-3 and 15d-6 of the
General Rules and  Regulations  under the  Securities  Exchange Act of 1934. The
registrant shall file with the Commission three copies of Form 15,  one of which
shall be manually signed.  It may be signed by an officer of the registrant,  by
counsel or by any other duly authorized person. The name and title of the person
signing the form shall be typed or printed under the signature.

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