Torchmark Subsidiary to Sell United Investors Life Insurance Company

MCKINNEY, Texas, September 14, 2010 - Torchmark Corporation (NYSE: TMK) announced that its subsidiary, Liberty
National Life Insurance Company (Liberty), has signed an agreement to sell
its wholly owned subsidiary, United Investors Life Insurance Company (United
Investors), to Protective Life Corporation for a purchase price of
approximately US$316 million, including adjusted statutory capital and
surplus at closing expected to be approximately US$130 million after
approximately US$332 million of pre-closing distributions from United
Investors to Liberty. The combined total of the purchase price and the
pre-closing distributions to Liberty is approximately US$648 million. The
expected closing date is December 31, 2010.

Mark S. McAndrew, Chief Executive Officer and Chairman of Torchmark,
stated, "We are very pleased to announce this agreement. While United
Investors has been a valuable asset, its primary operations involve lines of
business that we no longer emphasize. We believe this transaction enhances
shareholder value as it will provide additional capital and allow us to focus
completely on our core protection life and health insurance business."

Bank of America Merrill Lynch acted as financial advisor to Torchmark.

Torchmark Corporation is a holding company specializing in life and
supplemental health insurance for "middle income" Americans marketed through
multiple distribution channels including direct response, and exclusive and
independent agencies. Torchmark has several nationally recognized insurance
subsidiaries. Globe Life And Accident is a direct-response provider of life
insurance known for its administrative efficiencies. American Income Life
provides individual life insurance to labor union members. Liberty National
Life is one of the oldest traditional life insurers in the Southeast. United
American is a consumer-oriented provider of supplemental life and health
insurance.

CAUTION REGARDING FORWARD-LOOKING STATEMENTS:

This press release may contain forward-looking statements within the
meaning of the federal securities laws. These prospective statements reflect
management's current expectations, but are not guarantees of future
performance. Accordingly, please refer to Torchmark's cautionary statement
regarding forward-looking statements, and the business environment in which
the Company operates, contained in the Company's Form 10-K for the year ended
December 31, 2009, and any subsequent Forms 10-Q on file with the Securities
and Exchange Commission and on the Company's website at
www.torchmarkcorp.com on the Investor Relations page. Torchmark
specifically disclaims any obligation to update or revise any forward-looking
statement because of new information, future developments or otherwise.

Mike Majors, Vice President, Investor Relations, +1-972-569-3627, or fax, +1-972-569-3282, tmkir at torchmarkcorp.com