8-K

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) May 31, 2006 (May 31, 2006)

TORCHMARK CORPORATION

(Exact name of registrant as specified in its charter)

DELAWARE	1-8052	63-0780404
(State or other jurisdiction of incorporation)	(Commission File No.)	(I.R.S. Employer ID No.)

3700 South Stonebridge Drive, McKinney, Texas 75070

(Address of principal executive offices)

Registrant’s telephone number, including area code: (972) 569-4000

2001 Third Avenue South, Birmingham, Alabama 35233

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 7.01 Regulation FD

The information in this Item 7.01 of this Current Report on Form 8-K, including the exhibit attached hereto, is furnished pursuant to Item 7.01 and shall not be deemed “filed” for any other purpose, including for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section. The information in this Item 7.01 of this Current Report on Form 8–K shall not be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in any such filing.

On May 31, 2006, Torchmark Corporation issued a press release announcing that it has commenced an offering of trust preferred securities. A copy of the press release is furnished herewith as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits.

Exhibit No.	Description
99.1	Press Release of Torchmark Corporation dated May 31, 2006

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, hereunto duly authorized.

	TORCHMARK CORPORATION
May 31, 2006	/s/ Carol A. McCoy
	Carol McCoy
	Vice President, Associate Counsel and Secretary

EX-99.1

Exhibit 99.1

News Release

Torchmark Corporation             •             3700 S. Stonebridge Drive            •            McKinney, Texas 75070

TORCHMARK ANNOUNCES PUBLIC OFFERING OF

$120,000,000 OF TRUST PREFERRED SECURITIES

McKinney, Texas, May 31, 2006–Torchmark Corporation (NYSE: TMK) today announced that it is offering, subject to market and other conditions, 4,800,000 trust preferred securities with an aggregate liquidation amount of $120,000,000. Each trust preferred security will have a stated liquidation amount of $25 and will represent a beneficial interest in the assets of Torchmark Capital Trust III.

Merrill Lynch, Pierce, Fenner & Smith Incorporated, UBS Investment Bank and Wachovia Securities are acting as joint book-running managers.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any of the securities nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. The offering of securities may be made only by means of the prospectus supplement and accompanying prospectus (collectively, the “Prospectus”) which is part of a registration statement that Torchmark Corporation filed with the SEC utilizing a “shelf” registration process.

Copies of the Prospectus can be obtained from:

Merrill Lynch, Pierce, Fenner & Smith Incorporated

4 World Financial Center

New York, New York 10080

1-866-500-5408

UBS Investment Bank

Attention: Fixed Income Syndicate

677 Washington Boulevard

Stamford, Connecticut 06901

203-719-1088

Wachovia Capital Markets, LLC

8739 Research Drive

Charlotte, North Carolina 28262

1-800-326-5897

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.

For additional information contact:	Joyce Lane
	Vice President, Investor Relations
	Phone:	972/569-3627
	FAX:	972/569-3282
	jlane@torchmarkcorp.com