8-K

                    SECURITIES AND EXCHANGE COMMISSION

                           WASHINGTON, DC 20549



                                 FORM 8-K

                              CURRENT REPORT



                    PURSUANT TO SECTION 13 OR 15(d) OF THE
                     SECURITIES AND EXCHANGE ACT OF 1934



   DATE OF REPORT (Date of earliest event reported) SEPTEMBER 19, 2000
                         COMMISSION FILE NO. 1-7434




                             AFLAC INCORPORATED
            ------------------------------------------------------
            (Exact Name of Registrant as specified in its Charter)




        GEORGIA                                           58-1167100
- --------------------------------                  -------------------------
(State or other jurisdiction of                           (I.R.S. Employer
 incorporation or organization)                      Identification Number)




                   1932 WYNNTON ROAD, COLUMBUS, GEORGIA 31999
             -----------------------------------------------------
             (Address of principal executive offices and zip code)



     Registrant's telephone number, including area code:  (706) 323-3431












ITEM 5.  OTHER

     AFLAC Incorporated announced on September 19, 2000, that it has filed a
shelf registration statement with Japanese regulatory authorities for the
issuance of up to 100 billion yen (approximately $930 million at the current
exchange rate) of yen-denominated (Samurai) bonds. The shelf registration is
effective for a two-year period.

     AFLAC anticipates that it will use the net proceeds of any issuance of
the yen-denominated bonds to repurchase its common shares, or for general
corporate purposes.

     The securities to be issued through the above-referenced shelf
registration will not be registered in the United States and will not be
offered or sold to U.S. investors absent compliance with the registration
requirements of the Securities Act of 1933 or an available exemption from
the registration requirements thereof.


ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS

     (a)  Financial statements:

          Not applicable.

     (b)  Pro forma financial information:

          Not applicable.

     (c)  Exhibits:

          99 - News release from AFLAC Incorporated dated September 19,
               2000.



























                               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.

                                        AFLAC INCORPORATED



Date:  September 19, 2000                /s/ Kriss Cloninger, III
      -------------------------        -----------------------------------
                                            KRISS CLONINGER, III
                                         Executive Vice President;
                                              Treasurer and
                                          Chief Financial Officer




Date:  September 19, 2000                /s/ Norman P. Foster
      -------------------------        -----------------------------------
                                            NORMAN P. FOSTER
                                         Executive Vice President,
                                            Corporate Finance


































EXHIBITS FILED WITH CURRENT FORM 8-K:

     99 - News release from AFLAC Incorporated dated September 19, 2000.

EX-99

                                EXHIBIT 99





































                AFLAC INCORPORATED FILES SHELF REGISTRATION
                       TO ISSUE YEN-DENOMINATED BONDS


COLUMBUS, Georgia - September 19, 2000 -- AFLAC Incorporated announced today
that it has filed a shelf registration statement with Japanese regulatory
authorities for the issuance of up to 100 billion yen (approximately $930
million at the current exchange rate) of yen-denominated (Samurai) bonds.
The shelf registration is effective for a two-year period.

AFLAC anticipates that it will use the net proceeds of any issuance of the
yen-denominated bonds to repurchase its common shares, or for general
corporate purposes.

AFLAC Incorporated (NYSE - AFL) is an international holding company.  A
Fortune 500 company, AFLAC insures more than 40 million people worldwide.
It is the leading writer of supplemental insurance marketed at the worksite,
offering policies to employees at more than 160,000 payroll accounts in the
United States and more than 286,000 customer accounts in Japan.  AFLAC is
also the largest foreign insurance company operating in Japan.  AFLAC is
ranked as the number one insurance company to work for in Fortune magazine's
2000 list of "100 Best Companies to Work For in America."  AFLAC's Internet
address is aflac.com.

This notice does not constitute an offer of any securities for sale.  The
securities to be issued through the above-referenced shelf registration will
not be registered in the United States and will not be offered or sold to
U.S. investors absent compliance with the registration requirements of the
Securities Act of 1933 or an available exemption from the registration
requirements thereof.