Protective Life Corp - Statement of Changes in Beneficial Ownership (4)

FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES	OMB APPROVAL OMB Number: 3235-0287 Expires: January 31, 2008 Estimated average burden hours per response... 0.5
	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940

1. Name and Address of Reporting Person ^* JOHNS JOHN D	2. Issuer Name and Ticker or Trading Symbol PROTECTIVE LIFE CORP [ PL ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __ X __ Officer (give title below) _____ Other (specify below) President
(Last) (First) (Middle) 2801 HIGHWAY 280 SOUTH	3. Date of Earliest Transaction (MM/DD/YYYY) 2/29/2008
(Street) BIRMINGHAM, AL 35223 (City) (State) (Zip)	4. If Amendment, Date Original Filed (MM/DD/YYYY)	6. Individual or Joint/Group Filing (Check Applicable Line) _ X _ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock								13966.0000	D
Common Stock								10341.7525	I	By 401(k) ⁽¹⁾
Common Stock								2600.0000	I	By wife ⁽²⁾
Common Stock								400.0000	I	By wife as co-trustee of Trust ⁽²⁾
Common Stock								600.0000	I	By wife as custodian for Daughter ⁽²⁾
Common Stock								600.0000	I	by wife as custodian for son ⁽²⁾
Common Stock								304024.8320	I	Deferred Compensation ⁽³⁾

*Table II - Derivative Securities Beneficially Owned ( e.g.* , puts, calls, warrants, options, convertible securities)**
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)			11. Nature of Indirect Beneficial Ownership (Instr. 4)
SAR14 ⁽⁴⁾	$38.5900	2/29/2008		A		20475		2/28/2009	2/28/2018	SAR	20475.0000	$0	20475.0000	D
SAR14a ⁽⁴⁾	$38.5900	2/29/2008		A		20475		2/28/2010	2/28/2018	SAR	20475.0000	$0	20475.0000	D
SAR14b ⁽⁴⁾	$38.5900	2/29/2008		A		20475		2/28/2011	2/28/2018	SAR	20475.0000	$0	20475.0000	D
SAR14c ⁽⁴⁾	$38.5900	2/29/2008		A		20475		2/29/2012	2/28/2018	SAR	20475.0000	$0	20475.0000	D
SAR 06 ⁽⁵⁾	$41.0500							3/4/2006	3/4/2015	SAR	5800.0000		5800.0000	D
SAR 06 a ⁽⁵⁾	$41.0500							3/4/2007	3/4/2015	SAR	5800.0000		5800.0000	D
SAR 06 b ⁽⁵⁾	$41.0500							3/4/2008	3/4/2015	SAR	5800.0000		5800.0000	D
SAR 06 c ⁽⁵⁾	$41.0500							3/4/2009	3/4/2015	SAR	5800.0000		5800.0000	D
SAR 11 ⁽⁵⁾	$43.4600							3/5/2008	3/5/2017	SAR	15100.0000		15100.0000	D
SAR 11a ⁽⁵⁾	$43.4600							3/5/2009	3/5/2017	SAR	15100.0000		15100.0000	D
SAR 11b ⁽⁵⁾	$43.4600							3/5/2010	3/5/2017	SAR	15100.0000		15100.0000	D
SAR 11c ⁽⁵⁾	$43.4600							3/5/2011	3/5/2017	SAR	15100.0000		15100.0000	D
SAR 2 ⁽⁵⁾	$22.3100							3/6/2005	3/6/2010	SAR	50000.0000		50000.0000	D
SAR 3 3 06 ⁽⁵⁾	$48.6000							3/3/2007	3/3/2016	SAR	6325.0000		6325.0000	D
SAR 3 3 06 a ⁽⁵⁾	$48.6000							3/3/2008	3/3/2016	SAR	6325.0000		6325.0000	D
SAR 3 3 06 b ⁽⁵⁾	$48.6000							3/3/2009	3/3/2016	SAR	6325.0000		6325.0000	D
SAR 3 3 06 c ⁽⁵⁾	$48.6000							3/3/2010	3/3/2016	SAR	6325.0000		6325.0000	D
SAR 4 ⁽⁵⁾	$32.0000							3/4/2007	3/4/2012	SAR	300000.0000		300000.0000	D
SAR 6 ⁽⁵⁾	$22.3100							7/21/2004	3/6/2010	SAR	116302.0000		116302.0000	D

Explanation of Responses:
( 1)	Total shares held by reporting person in PLC's 401(k) & Stock Ownership Plan as of 2/29/08.
( 2)	I disclaim beneficial ownership of such shares.
( 3)	Shares acquired through PLC Deferred Compensation Plan for Officers of the Corporation (exempt under Rule 16b-3).
( 4)	Stock Appreciation Right awarded under the Protective Life Corporation Long-Term Incentive Plan in transaction exempt under Rule 16b-3 becoming exercisable in equal installments over four years beginning 2/28/09.
( 5)	Previously reported Stock Appreciation Right (SAR).

Reporting Owners
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
JOHNS JOHN D 2801 HIGHWAY 280 SOUTH BIRMINGHAM, AL 35223			President

Signatures
By: by Harriette Hyche Attorney-in-Fact for		3/4/2008
^** Signature of Reporting Person		Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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