Frankfort, KY, June 25, 2000:  Investors Heritage Life Insurance Company announces a non-exclusive strategic alliance with Paul Casket Company.  Funeral homes that sell Paul caskets in conjunction with prearranged funerals funded with Investors Heritage products will have casket price guarantees from the prearranged contract date until the date of death.  "We are pleased to join with Paul Casket Company and offer this benefit to consumers," stated Don Philpot, Investors Heritage Agency Vice President.  For more information regarding the Investors Heritage - Paul Casket program or Investors Heritage preneed products please contact Don Philpot at 800-422-2011, ext. 1016.