Exhibit 12

Horace Mann Educators Corporation

Computation of Ratio of Earnings to Fixed Charges

For the Years Ended December 31, 2006, 2005, 2004, 2003 and 2002

(Dollars in millions)

	Year Ended December 31,
	2006		2005		2004		2003		2002
Fixed charges:
Interest expense	$	13.1	$	8.9	$	6.8	$	6.3	$	8.5
Interest credited to policyholders on interest-sensitive contracts		122.5		115.9		108.7		103.0		98.4
Total fixed charges	$	135.6	$	124.8	$	115.5	$	109.3	$	106.9
Earnings:
Income before income taxes	$	140.3	$	94.0	$	69.7	$	19.2	$	7.7
Add: Interest expense		13.1		8.9		6.8		6.3		8.5
Subtotal – earnings before interest expense		153.4		102.9		76.5		25.5		16.2
Add: Interest credited to policyholder on interest-sensitive contracts		122.5		115.9		108.7		103.0		98.4
Earnings before fixed charges	$	275.9	$	218.8	$	185.2	$	128.5	$	114.6
Ratio of earnings to fixed charges		2.0x		1.8x		1.6x		1.2x		1.1x
Supplemental information (A):
Ratio of earnings before interest expense to interest expense		11.7x		11.6x		11.2x		4.0x		1.9x

(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.