<DOCUMENT>
<TYPE>EX-12
<SEQUENCE>13
<FILENAME>dex12.txt
<DESCRIPTION>STATEMENT RE COMPUTATION OF RATIOS
<TEXT>
<PAGE>


                                                                      Exhibit 12

                        Horace Mann Educators Corporation
                Computation of Ratio of Earnings to Fixed Charges
        For the Years Ended December 31, 2001, 2000, 1999, 1998 and 1997
                              (Dollars in millions)

<TABLE>
<CAPTION>
                                                     Year Ended December 31,
                                        ----------------------------------------------------
                                          2001        2000      1999       1998       1997
                                        -------      ------    -------    -------    -------
<S>                                     <C>          <C>       <C>        <C>        <C>
  Income from continuing operations
   before income taxes                    $28.3      $  9.7    $  93.4     $116.8    $ 119.6
  Interest expense                          9.3        10.2        9.7        9.5        9.4
                                        -------      ------    -------    -------    -------
       Earnings                           $37.6      $ 19.9    $ 103.1     $126.3    $ 129.0
                                        =======      ======    =======    =======    =======

  Fixed charges - interest expense        $ 9.3      $ 10.2    $   9.7     $  9.5    $   9.4

  Ratio of earnings to fixed charges        4.0x        2.0x      10.6x      13.3x      13.7x
</TABLE>

</TEXT>
</DOCUMENT>