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

<CIK>                                   0000035733
<NAME>                                  FINANCIAL INDUSTRIES CORPORATION
<MULTIPLIER>                            1,000

                       
<PERIOD-TYPE>              9-mos
<FISCAL-YEAR-END>                       DEC-31-2000
<PERIOD-END>                            SEP-30-2000
<DEBT-HELD-FOR-SALE>                    78,840
<DEBT-CARRYING-VALUE>                   0
<DEBT-MARKET-VALUE>                     0
<EQUITIES>                              4
<MORTGAGE>                              0
<REAL-ESTATE>                           0
<TOTAL-INVEST>                          99,890
<CASH>                                  1,613
<RECOVER-REINSURE>                      16,781
<DEFERRED-ACQUISITION>                  55,447
<TOTAL-ASSETS>                          295,890
<POLICY-LOSSES>                         61,735
<UNEARNED-PREMIUMS>                     0
<POLICY-OTHER>                          43,515
<POLICY-HOLDER-FUNDS>                   3,111
<NOTES-PAYABLE>                         36,886
<PREFERRED-MANDATORY>                   0
<PREFERRED>                             0
<COMMON>                                1,169
<OTHER-SE>                              122,243
<TOTAL-LIABILITY-AND-EQUITY>            295,890
<PREMIUMS>                              25,347
<INVESTMENT-INCOME>                     5,220
<INVESTMENT-GAINS>                      0
<OTHER-INCOME>                          6
<BENEFITS>                              10,749
<UNDERWRITING-AMORTIZATION>             3,860
<UNDERWRITING-OTHER>                    8,612
<INCOME-PRETAX>                         7,420
<INCOME-TAX>                            834
<INCOME-CONTINUING>                     6,586
<DISCONTINUED>                          0
<EXTRAORDINARY>                         0
<CHANGES>                               0
<NET-INCOME>                            6,586
<EPS-BASIC>                             1.30
<EPS-DILUTED>                           1.28
<RESERVE-OPEN>                          0
<PROVISION-CURRENT>                     0
<PROVISION-PRIOR>                       0
<PAYMENTS-CURRENT>                      0
<PAYMENTS-PRIOR>                        0
<RESERVE-CLOSE>                         0
<CUMULATIVE-DEFICIENCY>                 0