<SEC-DOCUMENT>0000004977-01-500112.txt : 20011010
<SEC-HEADER>0000004977-01-500112.hdr.sgml : 20011010
ACCESSION NUMBER:		0000004977-01-500112
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20010930
FILED AS OF DATE:		20011009

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AFLAC INC
		CENTRAL INDEX KEY:			0000004977
		STANDARD INDUSTRIAL CLASSIFICATION:	ACCIDENT & HEALTH INSURANCE [6321]
		IRS NUMBER:				581167100
		STATE OF INCORPORATION:			GA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-07434
		FILM NUMBER:		1754272

	BUSINESS ADDRESS:	
		STREET 1:		1932 WYNNTON RD
		CITY:			COLUMBUS
		STATE:			GA
		ZIP:			31999
		BUSINESS PHONE:		7063233431

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	AMERICAN FAMILY CORP
		DATE OF NAME CHANGE:	19920306
<REPORTING-OWNER>

COMPANY DATA:	
	COMPANY CONFORMED NAME:			COX KERMITT L
	CENTRAL INDEX KEY:			0001117185
	STANDARD INDUSTRIAL CLASSIFICATION:	 []
<RELATIONSHIP>OFFICER

FILING VALUES:
	FORM TYPE:		4

BUSINESS ADDRESS:	
	STREET 1:		1923 WYNNTON ROAD
	CITY:			COLUMBUS
	STATE:			GA
	ZIP:			31999
	BUSINESS PHONE:		7065963499

MAIL ADDRESS:	
	STREET 1:		1932 WYNNTON ROAD
	CITY:			COLUMBUS
	STATE:			GA
	ZIP:			31999
</REPORTING-OWNER>
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>cox.txt
<DESCRIPTION>SEPTEMBER 2001 FORM 4
<TEXT>
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16.
    Form 4 or Form 5 obligations may continue.
1. Name and Address of Reporting Person(s)
   Cox, Kermitt
   218 Walden Chase Lane


   Columbus, GA  31909
2. Issuer Name and Ticker or Trading Symbol
   AFLAC INCORPORATED (AFL)
3. I.R.S. Identification Number of Reporting Person, if an entity (Voluntary)

4. Statement for Month/Year
   09/01
5. If Amendment, Date of Original (Month/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
   [ ] Director                   [ ] 10% Owner
   [X] Officer (give title below) [ ] Other (specify below)
   Senior Vice President
7. Individual or Joint/Group Filing (Check Applicable Line)
   [X] Form filed by One Reporting Person
   [ ] Form filed by More than One Reporting Person

<TABLE>
<CAPTION>
Table I   Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
------------------------------------------------------------------------------------------------------------------------------------
1)Title of Security                           2)Trans-    3.Trans- 4.Securities Acquired(A)      5)Amount of    6)  7)Nature of
                                              action      action   or Disposed of (D)            Securities         Indirect
                                              Date        Code                   A               Beneficially   D   Beneficial
                                              (Month/                            or              Owned at       or  Ownership
                                              Day/Year)   Code V   Amount        D  Price        End of Month   I
------------------------------------------------------------------------------------------------------------------------------------
<S>                                           <C>         <C>      <C>           <C><C>          <C>            <C><C>
Common Stock                                  09/25/01    S        10,000        D  $26.4000                    D  Direct
Common Stock                                  09/25/01    M        10,000        A  $4.7084                     D  Direct
Common Stock                                  09/25/01    M        5,000         A  $4.0334                     D  Direct
Common Stock                                  09/26/01    M        30,000        A  $4.7084                     D  Direct
Common Stock                                  09/26/01    S        30,000        D  $27.1200     33,863         D  Direct
Common Stock                                                                                     301            I  Daughter

<CAPTION>
Table II (PART 1)  Derivative Securities Acquired, Disposed of, or Beneficially Owned  (Columns 1 through 6)
------------------------------------------------------------------------------------------------------------------------------------
1)Title of Derivative          2)Conversion    3)Trans-       4)Trans-  5)Number of Derivative            6)Date Exercisable and
Security                       or Exercise     action         action    Securities Acquired (A)           Expiration Date
                               Price of        Date           Code      or Disposed of (D)
                               Derivative
                               Security                       Code  V   A                D                Exercisable  Expiration
------------------------------------------------------------------------------------------------------------------------------------
<S>                            <C>             <C>            <C>       <C>              <C>              <C>          <C>
Employee Stock Option (right to$4.0334         09/25/01       M                          5,000            01/27/92     01/27/02
 buy)
Employee Stock Option (right to$4.7084         09/25/01       M                          10,000           06/28/93     06/28/03
 buy)
Employee Stock Option (right to$4.7084         09/26/01       M                          30,000           06/28/93     06/28/03
 buy)

<CAPTION>
Table II (PART 2)  Derivative Securities Acquired, Disposed of, or Beneficially Owned  (Columns 1,3 and 7 through 11)
------------------------------------------------------------------------------------------------------------------------------------
1)Title of Derivative          3)Trans-  7)Title and Amount                           8)Price     9)Number of   10) 11)Nature of
Security                       action    of Underlying                                of Deri-    Derivative        Indirect
                               Date      Securities                                   vative      Securities    D   Beneficial
                                                                        Amount or     Security    Beneficially  or  Ownership
                                                                        Number of                 Owned at      I
                  -                      Title                          Shares                    End of Month
------------------------------------------------------------------------------------------------------------------------------------
<S>                            <C>       <C>                            <C>           <C>         <C>           <C> <C>
Employee Stock Option (right to09/25/01  Common Stock                   5,000                     0             D   Direct
 buy)
Employee Stock Option (right to09/25/01  Common Stock                   10,000                                  D   Direct
 buy)
Employee Stock Option (right to09/26/01  Common Stock                   30,000                    48,504        D   Direct
 buy)

<FN>
Explanation of Responses:


</FN>
</TABLE>
SIGNATURE OF REPORTING PERSON
/S/ By: Patricia A. Bell
    For: Kermitt Cox
DATE


</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
