Torchmark Announces Closing of Purchase of Family Heritage Life Insurance Company of America

  Torchmark Announces Closing of Purchase of Family Heritage Life Insurance
                              Company of America

  PR Newswire

  MCKINNEY, Texas, Nov. 3, 2012

MCKINNEY, Texas, Nov. 3, 2012 /PRNewswire/ -- Torchmark Corporation (NYSE:TMK
) is pleased to announce that it closed the previously announced purchase of
Family Heritage Life Insurance Company of America (Family Heritage), a
privately-held supplemental health insurance provider,on November 1, 2012 for
approximately $232 million, subject to final post-closing adjustments. This
transaction is expected to be immediately accretive to net operating earnings
per share with minimal impact, if any, on Torchmark's free cash flow available
for stock repurchases or the RBC ratios of the insurance subsidiaries.

"We look forward to working with the Family Heritage team to ensure a seamless
transition," said Torchmark co-CEO's Gary Coleman and Larry Hutchison. "We
have complete confidence in the Family Heritage management, agents and

Wells Fargo acted as financial advisor to Torchmark, while Locke Lord LLP
served as legal advisor.

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 working families. 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

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, 2011, and any subsequent Forms 10-Q
on file with the Securities and Exchange Commission and on the Company's
website at 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.

Contact: Mike Majors, Vice President, Investor Relations, Phone:
+1-972-569-3627, FAX: +1-972-569-3282,
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