<ARTICLE>                                           7
<LEGEND>
     THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM
     FORM 10-Q OF FINANCIAL INDUSTRIES CORPORATION FOR THE SIX MONTHS ENDED
     JUNE 30, 2000 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
     FINANCIAL STATEMENTS.

<MULTIPLIER>                                   1,000

                         
<PERIOD-TYPE>               6-MOS
<FISCAL-YEAR-END>                              DEC-31-2000
<PERIOD-END>                                   JUN-30-2000
<DEBT-HELD-FOR-SALE>                           80,851
<DEBT-CARRYING-VALUE>                               0
<DEBT-MARKET-VALUE>                                 0
<EQUITIES>                                          4
<MORTGAGE>                                          0
<REAL-ESTATE>                                       0
<TOTAL-INVEST>                                100,748
<CASH>                                          1,181
<RECOVER-REINSURE>                             16,369
<DEFERRED-ACQUISITION>                         54,240
<TOTAL-ASSETS>                                294,019
<POLICY-LOSSES>                                61,394
<UNEARNED-PREMIUMS>                                14
<POLICY-OTHER>                                 43,527
<POLICY-HOLDER-FUNDS>                           3,734
<NOTES-PAYABLE>                                38,423
<PREFERRED-MANDATORY>                               0
<PREFERRED>                                         0
<COMMON>                                        1,169
<OTHER-SE>                                    118,910
<TOTAL-LIABILITY-AND-EQUITY>                  294,019
<PREMIUMS>                                     16,844
<INVESTMENT-INCOME>                             3,440
<INVESTMENT-GAINS>                                  0
<OTHER-INCOME>                                      3
<BENEFITS>                                      7,221
<UNDERWRITING-AMORTIZATION>                     2,443
<UNDERWRITING-OTHER>                            5,938
<INCOME-PRETAX>                                 4,997
<INCOME-TAX>                                      578
<INCOME-CONTINUING>                             4,419
<DISCONTINUED>                                      0
<EXTRAORDINARY>                                     0
<CHANGES>                                           0
<NET-INCOME>                                    4,419
<EPS-BASIC>                                      0.87
<EPS-DILUTED>                                    0.86
<RESERVE-OPEN>                                      0
<PROVISION-CURRENT>                                 0
<PROVISION-PRIOR>                                   0
<PAYMENTS-CURRENT>                                  0
<PAYMENTS-PRIOR>                                    0
<RESERVE-CLOSE>                                     0
<CUMULATIVE-DEFICIENCY>                             0