UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-D

ASSET-BACKED ISSUER
DISTRIBUTION REPORT PURSUANT TO SECTION 13 OR 15(d) of
THE SECURITIES EXCHANGE ACT OF 1934

For the semi annual distribution period from
February 15, 2013 to August 14, 2013

Commission File Number of issuing entity: 333-126757-77

Protective Life Secured Trust 2008-20

(Exact name of issuing entity as specified in its charter)

Commission File Number of depositor: 001-31901

Protective Life Insurance Company

(Exact name of depositor as specified in its charter)

Protective Life Insurance Company

(Exact name of sponsor as specified in its charter)

Delaware
(State or Other Jurisdiction of Incorporation
of the issuing entity)

35-6792613
(I.R.S. Employer
Identification No.)

Protective Life Secured Trust 2008-20
c/o Protective Life Insurance Company
2801 Highway 280 South
Birmingham, Alabama 35223
(Address of principal executive offices of the issuing entity)(Zip Code)

Telephone number, including area code: (205) 268-1000

Former name or former address, if changed since last report: N/A

	Registered/reporting pursuant to (check one)			Name of Exchange
Title of class	Section 12(b)	Section 12(g)	Section 15(d)	(If Section 12(b))

Secured Notes	o	o	x	N/A

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes x No o

PART I - DISTRIBUTION INFORMATION

Item 1. Distribution and Pool Performance Information.

On August 15, 2013, an interest payment was made to the holders of the notes specified on the cover of this report on Form 10-D (the “Notes”). Details of such payment are included in the Administrative Report of the Protective Life Secured Trust specified on the cover of this report on Form 10-D (the “Trust”) filed as Exhibit 99.1 hereto. No trustee fees or other trust expenses have been paid by the Trust.

PART II - OTHER INFORMATION

Item 2. Legal Proceedings.

Not applicable.

Item 3. Sales of Securities and Use of Proceeds.

On August 27, 2008, a beneficial interest in the Trust (the “Trust Beneficial Interest”) was sold to AMACAR Pacific Corp. for $15 in an offering exempt from registration pursuant to §4(2) of the Securities Act of 1933, as amended (the “Securities Act”).

The Registration Statement on Form S-3, Commission File No. 333-126757 (the “Registration Statement”) relating to the Notes was declared effective by the Securities and Exchange Commission on August 22, 2005.

The information specified under “Use of Proceeds” required to be included in this Item 3 by Item 701(f) of Regulation S-K is included in the Administrative Report attached to this Form 10-D as Exhibit 99.1 and is incorporated into this Item 3 by reference.

The Trust used the net proceeds from the issuance of the Notes and the Trust Beneficial Interest to purchase a funding agreement from Protective Life Insurance Company (“PLIC”), as described in the Registration Statement.

Item 4. Defaults Upon Senior Securities.

None.

Item 5. Submission of Matters to a Vote of Security Holders.

None.

Item 6. Significant Obligors of Pool Assets.

The Trust’s assets consist of a funding agreement issued by PLIC. For information relating to PLIC, please see PLIC’s (Commission file number 001-31901) periodic reports, including annual reports on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K, and other information on file with the Securities and Exchange Commission (the “SEC”). You can read and copy these reports and other information at the public reference facilities maintained by the SEC at 100 F Street, N.E., Washington, D.C. 20549. You may obtain copies of this material for a fee by writing to the SEC’s Public Reference Section of the SEC at 100 F Street, N.E., Washington, D.C. 20549. You may obtain information about the operation of the Public Reference Room by calling the SEC at 1-800-SEC-0330. You can also access some of this information electronically by means of the SEC’s website on the Internet at http://www.sec.gov, which contains reports and other information that PLIC has filed electronically with the SEC.

This Form 10-D incorporates by reference PLIC’s Annual Report on Form 10-K for the year ended December 31, 2012 and Quarterly Reports on Form 10-Q for the quarterly periods ended March 31, 2013 and June 30, 2013.

Item 7. Significant Enhancement Provider Information.

None

Item 8. Other.

None

Item 9. Exhibits.

Exhibit 1.1		Standard Selling Agent Agreement Terms, dated July 21, 2005 (incorporated by reference to Exhibit 1.1 to PLIC’s Registration Statement on Form S-3 (Registration No. 333-126757)).

Exhibit 1.2		Schedule identifying the differences between the Selling Agent Agreement relating to the Notes and Exhibit 1.1(a) to Protective Life Secured Trust 2006-2’s Report on Form 8-K filed on May 9, 2006 (incorporated by reference to Exhibit 99.4 to Protective Life Secured Trust 2006-2’s Form 8-K filed on May 9, 2006).

Exhibit 3.1		Schedule identifying the differences between the Certificate of Trust for the Trust and Exhibit 3.1(a) to Protective Life Secured Trust 2006-2’s Report on Form 8-K filed on May 9, 2006 (incorporated by reference to Exhibit 99.1 to Protective Life Secured Trust 2006-2’s Form 8-K filed on May 9, 2006).

Exhibit 3.2		Statutory Trust Agreement Terms, dated July 21, 2005 (incorporated by reference to Exhibit 4.7 to PLIC’s Registration Statement on Form S-3 (Registration No. 333-126757)).

Exhibit 3.3		Schedule identifying differences between the Statutory Trust Agreement relating to the Trust and Exhibit 3.2(a) to Protective Life Secured Trust 2006-2’s Report on Form 8-K filed on May 9, 2006 (incorporated by reference to Exhibit 99.4 to Protective Life Secured Trust 2006-2’s Form 8-K filed on May 9, 2006).

Exhibit 4.1		Standard Indenture Terms, dated August 17, 2005 (incorporated by reference to Exhibit 4.1 to PLIC’s Registration Statement on Form S-3 (Registration No. 333-126757)).

Exhibit 4.2		Schedule identifying the differences between the Indenture relating to the Notes and Exhibit 4.1(a) to Protective Life Secured Trust 2006-2’s Report on Form 8-K filed on May 9, 2006 (incorporated by reference to Exhibit 99.4 to Protective Life Secured Trust 2006-2’s Form 8-K filed on May 9, 2006).

Exhibit 4.3		Schedule identifying the differences between the Notes and Exhibit 4.2(a) to Protective Life Secured Trust 2006-2’s Report on Form 8-K filed on May 9, 2006 (incorporated by reference to Exhibit 99.2 to Protective Life Secured Trust 2006-2’s Form 8-K filed on May 9, 2006).

Exhibit 4.4		Schedule identifying the differences between the Funding Agreement issued by PLIC to the Trust and Exhibit 4.4(a) to Protective Life Secured Trust 2006-2’s Report on Form 8-K filed on May 9, 2006 (incorporated by reference to Exhibit 99.3 to Protective Life Secured Trust 2006-2’s Form 8-K filed on May 9, 2006).

Exhibit 4.5		Standard Administrative Services Terms, dated July 21, 2005 (incorporated by reference to Exhibit 4.12 to PLIC’s Registration Statement on Form S-3 (Registration No. 333-126757)).

Exhibit 4.6		Schedule identifying the differences between the Administrative Services Agreement relating to the Trust and Exhibit 4.3(a) to Protective Life Secured Trust 2006-2’s Report on Form 8-K filed on May 9, 2006 (incorporated by reference to Exhibit 99.4 to Protective Life Secured Trust 2006-2’s Form 8-K filed on May 9, 2006).

Exhibit 4.7		Schedule identifying the differences between the Omnibus Instrument relating to the Notes and Exhibit 4.5(a) to Protective Life Secured Trust 2006-2’s Report on Form 8-K filed on May 9, 2006 (incorporated by reference to Exhibit 99.4 to Protective Life Secured Trust 2006-2’s Form 8-K filed on May 9, 2006).

Exhibit 99.1		Administrative Report of the Trust.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	PROTECTIVE LIFE SECURED TRUST 2008-20 (BY PROTECTIVE LIFE INSURANCE COMPANY AS DEPOSITOR)

Date: August 26, 2013	By:	/s/ Lance Black
		Name: Lance Black
		Title: Senior Vice President

EXHIBIT INDEX

EXHIBIT NUMBER		DESCRIPTION

Exhibit 1.1		Standard Selling Agent Agreement Terms, dated July 21, 2005 (incorporated by reference to Exhibit 1.1 to PLIC’s Registration Statement on Form S-3 (Registration No. 333-126757)).

Exhibit 1.2		Schedule identifying the differences between the Selling Agent Agreement relating to the Notes and Exhibit 1.1(a) to Protective Life Secured Trust 2006-2’s Report on Form 8-K filed on May 9, 2006 (incorporated by reference to Exhibit 99.4 to Protective Life Secured Trust 2006-2’s Form 8-K filed on May 9, 2006).

Exhibit 3.1		Schedule identifying the differences between the Certificate of Trust for the Trust and Exhibit 3.1(a) to Protective Life Secured Trust 2006-2’s Report on Form 8-K filed on May 9, 2006 (incorporated by reference to Exhibit 99.1 to Protective Life Secured Trust 2006-2’s Form 8-K filed on May 9, 2006).

Exhibit 3.2		Statutory Trust Agreement Terms, dated July 21, 2005 (incorporated by reference to Exhibit 4.7 to PLIC’s Registration Statement on Form S-3 (Registration No. 333-126757)).

Exhibit 3.3		Schedule identifying differences between the Statutory Trust Agreement relating to the Trust and Exhibit 3.2(a) to Protective Life Secured Trust 2006-2’s Report on Form 8-K filed on May 9, 2006 (incorporated by reference to Exhibit 99.4 to Protective Life Secured Trust 2006-2’s Form 8-K filed on May 9, 2006).

Exhibit 4.1		Standard Indenture Terms, dated August 17, 2005 (incorporated by reference to Exhibit 4.1 to PLIC’s Registration Statement on Form S-3 (Registration No. 333-126757)).

Exhibit 4.2		Schedule identifying the differences between the Indenture relating to the Notes and Exhibit 4.1(a) to Protective Life Secured Trust 2006-2’s Report on Form 8-K filed on May 9, 2006 (incorporated by reference to Exhibit 99.4 to Protective Life Secured Trust 2006-2’s Form 8-K filed on May 9, 2006).

Exhibit 4.3		Schedule identifying the differences between the Notes and Exhibit 4.2(a) to Protective Life Secured Trust 2006-2’s Report on Form 8-K filed on May 9, 2006 (incorporated by reference to Exhibit 99.2 to Protective Life Secured Trust 2006-2’s Form 8-K filed on May 9, 2006).

Exhibit 4.4		Schedule identifying the differences between the Funding Agreement issued by PLIC to the Trust and Exhibit 4.4(a) to Protective Life Secured Trust 2006-2’s Report on Form 8-K filed on May 9, 2006 (incorporated by reference to Exhibit 99.3 to Protective Life Secured Trust 2006-2’s Form 8-K filed on May 9, 2006).

Exhibit 4.5		Standard Administrative Services Terms, dated July 21, 2005 (incorporated by reference to Exhibit 4.12 to PLIC’s Registration Statement on Form S-3 (Registration No. 333-126757)).

Exhibit 4.6		Schedule identifying the differences between the Administrative Services Agreement relating to the Trust and Exhibit 4.3(a) to Protective Life Secured Trust 2006-2’s Report on Form 8-K filed on May 9, 2006 (incorporated by reference to Exhibit 99.4 to Protective Life Secured Trust 2006-2’s Form 8-K filed on May 9, 2006).

Exhibit 4.7		Schedule identifying the differences between the Omnibus Instrument relating to the Notes and Exhibit 4.5(a) to Protective Life Secured Trust 2006-2’s Report on Form 8-K filed on May 9, 2006 (incorporated by reference to Exhibit 99.4 to Protective Life Secured Trust 2006-2’s Form 8-K filed on May 9, 2006).

Exhibit 99.1		Administrative Report of the Trust.

Protective Life Secured Trust 2008-20 10-D