Exhibit 12

Horace Mann Educators Corporation

Computation of Ratio of Earnings to Fixed Charges

For the Years Ended December 31, 2005, 2004, 2003, 2002 and 2001

(Dollars in millions)

	Year Ended December 31,
	2005			2004			2003			2002			2001
Fixed charges:
Interest expense	$	8.9		$	6.8		$	6.3		$	8.5		$	9.3
Interest credited to policyholders on interest-sensitive contracts		115.9			108.7			103.0			98.4			96.5
Total fixed charges	$	124.8		$	115.5		$	109.3		$	106.9		$	105.8
Earnings:
Income before income taxes	$	94.0		$	69.7		$	19.2		$	7.7		$	28.3
Add: Interest expense		8.9			6.8			6.3			8.5			9.3
Subtotal – earnings before interest expense		102.9			76.5			25.5			16.2			37.6
Add: Interest credited to policyholder on interest-sensitive contracts		115.9			108.7			103.0			98.4			96.5
Earnings before fixed charges	$	218.8		$	185.2		$	128.5		$	114.6		$	134.1
Ratio of earnings to fixed charges		1.8	x		1.6	x		1.2	x		1.1	x		1.3	x
Supplemental information (A):
Ratio of earnings before interest expense to interest expense		11.6	x		11.2	x		4.0	x		1.9	x		4.0	x

(A) Fixed charges and earnings in this calculation do not include interest credited to policyholders on interest-sensitive contracts. This adjusted coverage ratio is not required, but is provided as supplemental information because it is commonly used by individuals who analyze the Company’s results.