<SEC-DOCUMENT>0001047469-18-002115.txt : 20180326
<SEC-HEADER>0001047469-18-002115.hdr.sgml : 20180326
<ACCEPTANCE-DATETIME>20180326085502
ACCESSION NUMBER:		0001047469-18-002115
CONFORMED SUBMISSION TYPE:	424B5
PUBLIC DOCUMENT COUNT:		3
FILED AS OF DATE:		20180326
DATE AS OF CHANGE:		20180326

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ALLSTATE CORP
		CENTRAL INDEX KEY:			0000899051
		STANDARD INDUSTRIAL CLASSIFICATION:	FIRE, MARINE & CASUALTY INSURANCE [6331]
		IRS NUMBER:				363871531
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		424B5
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-203757
		FILM NUMBER:		18711700

	BUSINESS ADDRESS:	
		STREET 1:		2775 SANDERS ROAD
		CITY:			NORTHBROOK
		STATE:			IL
		ZIP:			60062
		BUSINESS PHONE:		8474025000

	MAIL ADDRESS:	
		STREET 1:		2775 SANDERS ROAD
		CITY:			NORTHBROOK
		STATE:			IL
		ZIP:			60062-7127
</SEC-HEADER>
<DOCUMENT>
<TYPE>424B5
<SEQUENCE>1
<FILENAME>a2235041z424b5.htm
<DESCRIPTION>424B5
<TEXT>
<HTML>
<HEAD>
</HEAD>
<BODY BGCOLOR="#FFFFFF" LINK=BLUE  VLINK=PURPLE>
<BR>
<P><FONT SIZE=3 >
Use these links to rapidly review the document<BR>
<A HREF="#bg45301_table_of_contents">  TABLE OF CONTENTS</A><BR></font>
</P>

<P style="font-family:times;"><FONT SIZE=2>

<!-- COMMAND=ADD_BASECOLOR,"#000000" -->




<!-- COMMAND=ADD_DEFAULTFONT,"font-family:times;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->




<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->





<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->




<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


</FONT> <FONT SIZE=2><A HREF="#bg45301a_main_toc">Table of Contents</A> </FONT></P>

<P ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2><B>Filed Pursuant to Rule&nbsp;424(b)(5)<BR>
Registration Statement No.&nbsp;333-203757  </B></FONT></P>

<P style="font-family:times;"><FONT COLOR="#FF4040" SIZE=2><B>THE INFORMATION CONTAINED IN THIS PRELIMINARY PROSPECTUS SUPPLEMENT IS NOT COMPLETE AND MAY BE CHANGED. THIS PRELIMINARY PROSPECTUS SUPPLEMENT AND THE
ACCOMPANYING PROSPECTUS ARE NOT AN OFFER TO SELL NOR DO THEY SEEK AN OFFER TO BUY THE SENIOR NOTES IN ANY JURISDICTION WHERE THE OFFER OR SALE IS NOT PERMITTED. </B></FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT COLOR="#FF4040" SIZE=2><B>SUBJECT TO COMPLETION<BR>
PRELIMINARY PROSPECTUS SUPPLEMENT, DATED MARCH 26, 2018</B></FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><B> Prospectus Supplement to Prospectus Dated April&nbsp;30, 2015  </B></FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><B>
<IMG SRC="g363336.jpg" ALT="LOGO" WIDTH="270" HEIGHT="82">
  </B></FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=5><B>The Allstate Corporation<BR>  </B></FONT><FONT SIZE=4><B>$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Floating Rate Senior Notes due
2021<BR>
$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Floating Rate Senior Notes due 2023  </B></FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=4><I>

<!-- COMMAND=ADD_LINERULETXT,NOSHADE  COLOR="#000000" SIZE="1.0PT" WIDTH="26%" ALIGN="CENTER" -->
<HR NOSHADE  COLOR="#000000" SIZE="1.0PT" WIDTH="26%" ALIGN="CENTER" >


  </I></FONT><FONT SIZE=4><B>


<!-- COMMAND=ADDING_LINEBREAK -->

<BR>  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We are offering $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;aggregate principal amount of our Floating Rate Senior Notes due 2021 (the "</FONT><FONT
SIZE=2><I>2021 Senior
Notes</I></FONT><FONT SIZE=2>") and $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;aggregate principal amount of our Floating Rate Senior Notes due 2023 (the "</FONT><FONT SIZE=2><I>2023 Senior Notes</I></FONT><FONT SIZE=2>"
and
together with the 2021 Senior Notes, the "</FONT><FONT SIZE=2><I>Senior Notes</I></FONT><FONT SIZE=2>"). Interest on each series of the Senior Notes will accrue from March&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;,
2018. We will pay interest on each series of the Senior Notes quarterly in arrears on&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;,
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;,
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;and&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;of each
year, beginning on&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;,
2018. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
series of the Senior Notes will be issued only in denominations of $2,000 and integral multiples of $1,000 in excess thereof. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT
SIZE=3><B>Investing in the Senior Notes involves risks. See a discussion of certain risks in the "Risk Factors" section beginning on page&nbsp;S-6 of this
prospectus supplement and Item&nbsp;1A of Part&nbsp;I of our Annual Report on Form&nbsp;10-K for the fiscal year ended December&nbsp;31, 2017 filed with the Securities and Exchange Commission
that should be carefully considered before investing in the Senior Notes.</B></FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=3><I>

<!-- COMMAND=ADD_LINERULETXT,NOSHADE  COLOR="#000000" SIZE="1.0PT" WIDTH="26%" ALIGN="CENTER" -->
<HR NOSHADE  COLOR="#000000" SIZE="1.0PT" WIDTH="26%" ALIGN="CENTER" >


 </I></FONT><FONT SIZE=3>

<!-- COMMAND=ADDING_LINEBREAK -->

<BR></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=2><B>Neither the Securities and Exchange Commission nor any other regulatory body has approved or disapproved of these
securities or passed upon the accuracy or adequacy of this prospectus supplement or the accompanying prospectus. Any representation to the contrary is a criminal offense.</B></FONT></P>
 <div style="display:none;*display:block;margin-top:-1pt;"></div>
 <!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="44%" style="font-family:times;"></TD>
<TD WIDTH="12pt" style="font-family:times;"></TD>
<TD WIDTH="96" style="font-family:times;"></TD>
<TD WIDTH="12pt" style="font-family:times;"></TD>
<TD WIDTH="96" style="font-family:times;"></TD>
<TD WIDTH="12pt" style="font-family:times;"></TD>
<TD WIDTH="96" style="font-family:times;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=7 VALIGN="BOTTOM" style="font-family:times;border-bottom:double #000000 2.25pt;">&nbsp;</TD>
</TR>
<TR VALIGN="BOTTOM">
<TH ALIGN="LEFT" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT><BR></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH ALIGN="CENTER" style="font-family:times;"><FONT SIZE=1><B>Public offering<BR>
price(1)</B></FONT><BR></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH ALIGN="CENTER" style="font-family:times;"><FONT SIZE=1><B>Underwriting<BR>
discount</B></FONT><BR></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH ALIGN="CENTER" style="font-family:times;"><FONT SIZE=1><B>Proceeds, before<BR>
expenses, to<BR>
The Allstate<BR>
Corporation</B></FONT><BR></TH>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=7 VALIGN="BOTTOM" style="font-family:times;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:times;"><p style="font-family:times;margin-left:8pt;text-indent:-8pt;"><FONT SIZE=1><B> </B></FONT><FONT SIZE=2>Per 2021 Senior Note</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;%</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;%</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;%</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=7 VALIGN="BOTTOM" style="font-family:times;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=7 VALIGN="BOTTOM" style="font-family:times;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Per 2023 Senior Note</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;%</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;%</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;%</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=7 VALIGN="BOTTOM" style="font-family:times;border-bottom:solid #000000 1.0pt;">&nbsp;</TD>
</TR>
<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
</TR>
<TR style="font-size:1.5pt;" VALIGN="TOP">
<TD COLSPAN=7 VALIGN="BOTTOM" style="font-family:times;border-bottom:double #000000 2.25pt;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"> &nbsp;</TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->

<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>(1)</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Plus
accrued interest from March&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;, 2018, if settlement occurs after that date.  </FONT></DD></DL>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;None
of the Senior Notes will be listed on any securities exchange. Currently there is no public trading market for any of the Senior Notes. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
underwriters expect to deliver each series of the Senior Notes through the facilities of The Depository Trust Company ("</FONT><FONT SIZE=2><I>DTC</I></FONT><FONT SIZE=2>") for the
accounts of its participants, including Clearstream Banking,&nbsp;S.A. and Euroclear Bank&nbsp;SA/NV, against payment in New York, New York on or about March&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;, 2018. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><I>

<!-- COMMAND=ADD_LINERULETXT,NOSHADE  COLOR="#000000" SIZE="1.0PT" WIDTH="26%" ALIGN="CENTER" -->
<HR NOSHADE  COLOR="#000000" SIZE="1.0PT" WIDTH="26%" ALIGN="CENTER" >


  </I></FONT><FONT SIZE=2>

<!-- COMMAND=ADDING_LINEBREAK -->

<BR></FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><I>Joint Book-Runners  </I></FONT></P>
 <div style="display:none;*display:block;margin-top:-1pt;"></div>

 <DIV style="padding:0pt;position:relative;width:54%;margin-left:10%;">
 <!-- COMMAND=ADD_TABLEWIDTH,"150%" -->

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE width="150%"  BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="157pt" style="font-family:times;"></TD>
<TD WIDTH="2%" style="font-family:times;"></TD>
<TD WIDTH="96pt" style="font-family:times;"></TD>
<TD WIDTH="2%" style="font-family:times;"></TD>
<TD WIDTH="128pt" style="font-family:times;"></TD>
<TD WIDTH="2%" style="font-family:times;"></TD>
<TD WIDTH="177pt" style="font-family:times;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="BOTTOM">
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=4><B>BofA&nbsp;Merrill&nbsp;Lynch</B></FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=4>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" VALIGN="TOP" style="font-family:times;"><FONT SIZE=4><B>J.P.&nbsp;Morgan</B></FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=4>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" VALIGN="TOP" style="font-family:times;"><FONT SIZE=4><B>Morgan&nbsp;Stanley</B></FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=4>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="TOP" style="font-family:times;"><FONT SIZE=4><B>Wells&nbsp;Fargo&nbsp;Securities</B></FONT></TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->
 </DIV>

 <p style="font-family:times;line-height:1pt;margin-left:18pt;"><font> </FONT> <FONT SIZE=2>
<!-- BLANK LINE TO FORCE PARA -->
&nbsp;&nbsp;&nbsp;
</font></p><p align=center style="font-family:times;"><font> </FONT> <FONT SIZE=2>
Prospectus Supplement dated March&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;, 2018 </FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=1,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=69777,FOLIO='blank',FILE='DISK123:[18ZBA1.18ZBA45301]BC45301A.;15',USER='CHE109572',CD='24-MAR-2018;09:02' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:times;"><FONT SIZE=2>

<!-- COMMAND=ADD_BASECOLOR,"#000000" -->




<!-- COMMAND=ADD_DEFAULTFONT,"font-family:times;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->





<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->




<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


</FONT></P>

<!-- TOC_END -->

<P style="font-family:times;"><FONT SIZE=2><A HREF="#bg45301a_main_toc">Table of Contents</A> </FONT></P>

<P style="font-family:times;"><FONT SIZE=2><A
NAME="BG45301A_main_toc"></A> </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="bg45301_table_of_contents"> </A>
<BR></FONT><FONT SIZE=2><B>  TABLE OF CONTENTS    <BR>    </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>
<A NAME="BG45301_TOC2"></A> </FONT></P>
 <div style="display:none;*display:block;margin-top:-1pt;"></div>

 <DIV style="padding:0pt;position:relative;width:80%;margin-left:10%;">
 <!-- COMMAND=ADD_TABLEWIDTH,"100%" -->
<!-- COMMAND=ADD_START_LINKTABLE -->

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE width="100%"  BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="" style="font-family:times;"></TD>
<TD WIDTH="12pt" style="font-family:times;"></TD>
<TD WIDTH="7pt" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="27pt" style="font-family:times;"></TD>
<TD WIDTH="12pt" style="font-family:times;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="BOTTOM">
<TH ALIGN="LEFT" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT><BR></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Page </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><A HREF="#ca45301_about_this_prospectus_supplement"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>ABOUT THIS PROSPECTUS SUPPLEMENT</FONT></A></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:times;"><A HREF="#ca45301_about_this_prospectus_supplement"><FONT SIZE=2>S-1</FONT></A></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><A HREF="#cc45301_prospectus_supplement_summary"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>PROSPECTUS SUPPLEMENT SUMMARY</FONT></A></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:times;"><A HREF="#cc45301_prospectus_supplement_summary"><FONT SIZE=2>S-2</FONT></A></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><A HREF="#cg45301_risk_factors"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>RISK FACTORS</FONT></A></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:times;"><A HREF="#cg45301_risk_factors"><FONT SIZE=2>S-6</FONT></A></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><A HREF="#cg45301_consolidated_ratio_of_earnings_to_fixed_charges"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES</FONT></A></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:times;"><A HREF="#cg45301_consolidated_ratio_of_earnings_to_fixed_charges"><FONT SIZE=2>S-9</FONT></A></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><A HREF="#cg45301_use_of_proceeds"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>USE OF PROCEEDS</FONT></A></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:times;"><A HREF="#cg45301_use_of_proceeds"><FONT SIZE=2>S-10</FONT></A></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><A HREF="#ci45301_capitalization"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>CAPITALIZATION</FONT></A></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:times;"><A HREF="#ci45301_capitalization"><FONT SIZE=2>S-11</FONT></A></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><A HREF="#ci45301_selected_consolidated_financial_information"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>SELECTED CONSOLIDATED FINANCIAL INFORMATION</FONT></A></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:times;"><A HREF="#ci45301_selected_consolidated_financial_information"><FONT SIZE=2>S-12</FONT></A></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><A HREF="#ci45301_description_of_the_senior_notes"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>DESCRIPTION OF THE SENIOR NOTES</FONT></A></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:times;"><A HREF="#ci45301_description_of_the_senior_notes"><FONT SIZE=2>S-13</FONT></A></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><A HREF="#ck45301_certain_material_united_states__cer02603"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>CERTAIN MATERIAL UNITED STATES FEDERAL INCOME TAX CONSIDERATIONS</FONT></A></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:times;"><A HREF="#ck45301_certain_material_united_states__cer02603"><FONT SIZE=2>S-20</FONT></A></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><A HREF="#ck45301_underwriting"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>UNDERWRITING</FONT></A></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:times;"><A HREF="#ck45301_underwriting"><FONT SIZE=2>S-24</FONT></A></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><A HREF="#ck45301_where_you_can_find_more_information"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>WHERE YOU CAN FIND MORE INFORMATION</FONT></A></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:times;"><A HREF="#ck45301_where_you_can_find_more_information"><FONT SIZE=2>S-30</FONT></A></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><A HREF="#ck45301_the_allstate_corporation_filings"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>THE ALLSTATE CORPORATION FILINGS</FONT></A></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:times;"><A HREF="#ck45301_the_allstate_corporation_filings"><FONT SIZE=2>S-30</FONT></A></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><A HREF="#ck45301_legal_matters"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>LEGAL MATTERS</FONT></A></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:times;"><A HREF="#ck45301_legal_matters"><FONT SIZE=2>S-31</FONT></A></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><A HREF="#v1"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>EXPERTS</FONT></A></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:times;"><A HREF="#v1"><FONT SIZE=2>S-31</FONT></A></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->
<!-- COMMAND=ADD_END_LINKTABLE -->
 </DIV>
 <P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><B> PROSPECTUS  </B></FONT></P>


<P style="font-family:times;"><FONT SIZE=2>
<A NAME="BG45301_TOC"></A> </FONT></P>
 <div style="display:none;*display:block;margin-top:-1pt;"></div>

 <DIV style="padding:0pt;position:relative;width:80%;margin-left:10%;">
 <!-- COMMAND=ADD_TABLEWIDTH,"100%" -->
<!-- COMMAND=ADD_START_LINKTABLE -->

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE width="100%"  BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="" style="font-family:times;"></TD>
<TD WIDTH="12pt" style="font-family:times;"></TD>
<TD WIDTH="7pt" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="25pt" style="font-family:times;"></TD>
<TD WIDTH="12pt" style="font-family:times;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="BOTTOM">
<TH ALIGN="LEFT" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT><BR></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Page </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
</TR>
<TR VALIGN="BOTTOM">
<TD VALIGN="TOP" style="font-family:times;"><A HREF="#dc45301_about_this_prospectus"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>ABOUT THIS PROSPECTUS</FONT></A></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><A HREF="#dc45301_about_this_prospectus"><FONT SIZE=2>ii</FONT></A></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD VALIGN="TOP" style="font-family:times;"><A HREF="#de45301_the_allstate_corporation"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>THE ALLSTATE CORPORATION</FONT></A></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><A HREF="#de45301_the_allstate_corporation"><FONT SIZE=2>1</FONT></A></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD VALIGN="TOP" style="font-family:times;"><A HREF="#de45301_the_trusts"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>THE TRUSTS</FONT></A></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><A HREF="#de45301_the_trusts"><FONT SIZE=2>1</FONT></A></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD VALIGN="TOP" style="font-family:times;"><A HREF="#de45301_ratios_of_earnings_to_fixed_ch__rat03787"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>RATIOS OF EARNINGS TO FIXED CHARGES AND EARNINGS TO FIXED CHARGES AND PREFERRED
STOCK DIVIDENDS</FONT></A></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><A HREF="#de45301_ratios_of_earnings_to_fixed_ch__rat03787"><FONT SIZE=2>2</FONT></A></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD VALIGN="TOP" style="font-family:times;"><A HREF="#de45301_risk_factors"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>RISK FACTORS</FONT></A></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><A HREF="#de45301_risk_factors"><FONT SIZE=2>2</FONT></A></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD VALIGN="TOP" style="font-family:times;"><A HREF="#de45301_use_of_proceeds"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>USE OF PROCEEDS</FONT></A></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><A HREF="#de45301_use_of_proceeds"><FONT SIZE=2>2</FONT></A></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD VALIGN="TOP" style="font-family:times;"><A HREF="#de45301_description_of_debt_securities"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>DESCRIPTION OF DEBT SECURITIES</FONT></A></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><A HREF="#de45301_description_of_debt_securities"><FONT SIZE=2>3</FONT></A></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD VALIGN="TOP" style="font-family:times;"><A HREF="#di45301_description_of_capital_stock"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>DESCRIPTION OF CAPITAL STOCK</FONT></A></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><A HREF="#di45301_description_of_capital_stock"><FONT SIZE=2>16</FONT></A></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD VALIGN="TOP" style="font-family:times;"><A HREF="#dk45301_description_of_depositary_shares"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>DESCRIPTION OF DEPOSITARY SHARES</FONT></A></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><A HREF="#dk45301_description_of_depositary_shares"><FONT SIZE=2>21</FONT></A></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD VALIGN="TOP" style="font-family:times;"><A HREF="#dm45301_description_of_warrants"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>DESCRIPTION OF WARRANTS</FONT></A></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><A HREF="#dm45301_description_of_warrants"><FONT SIZE=2>23</FONT></A></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD VALIGN="TOP" style="font-family:times;"><A HREF="#dm45301_description_of_stock_purchase___des02662"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>DESCRIPTION OF STOCK PURCHASE CONTRACTS AND STOCK PURCHASE UNITS</FONT></A></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><A HREF="#dm45301_description_of_stock_purchase___des02662"><FONT SIZE=2>25</FONT></A></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD VALIGN="TOP" style="font-family:times;"><A HREF="#dm45301_description_of_trust_preferred_securities"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>DESCRIPTION OF TRUST PREFERRED SECURITIES</FONT></A></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><A HREF="#dm45301_description_of_trust_preferred_securities"><FONT SIZE=2>26</FONT></A></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD VALIGN="TOP" style="font-family:times;"><A HREF="#do45301_description_of_preferred_securities_guarantees"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>DESCRIPTION OF PREFERRED SECURITIES GUARANTEES</FONT></A></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><A HREF="#do45301_description_of_preferred_securities_guarantees"><FONT SIZE=2>28</FONT></A></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD VALIGN="TOP" style="font-family:times;"><A HREF="#do45301_plan_of_distribution"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>PLAN OF DISTRIBUTION</FONT></A></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><A HREF="#do45301_plan_of_distribution"><FONT SIZE=2>31</FONT></A></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD VALIGN="TOP" style="font-family:times;"><A HREF="#do45301_where_you_can_find_more_information"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>WHERE YOU CAN FIND MORE INFORMATION</FONT></A></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><A HREF="#do45301_where_you_can_find_more_information"><FONT SIZE=2>33</FONT></A></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD VALIGN="TOP" style="font-family:times;"><A HREF="#dq45301_the_allstate_corporation_filings"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>THE ALLSTATE CORPORATION FILINGS</FONT></A></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><A HREF="#dq45301_the_allstate_corporation_filings"><FONT SIZE=2>34</FONT></A></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD VALIGN="TOP" style="font-family:times;"><A HREF="#dq45301_special_note_regarding_forward-looking_statements"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS</FONT></A></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><A HREF="#dq45301_special_note_regarding_forward-looking_statements"><FONT SIZE=2>34</FONT></A></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD VALIGN="TOP" style="font-family:times;"><A HREF="#dq45301_legal_opinions"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>LEGAL OPINIONS</FONT></A></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><A HREF="#dq45301_legal_opinions"><FONT SIZE=2>34</FONT></A></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD VALIGN="TOP" style="font-family:times;"><A HREF="#dq45301_experts"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>EXPERTS</FONT></A></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><A HREF="#dq45301_experts"><FONT SIZE=2>34</FONT></A></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD VALIGN="TOP" style="font-family:times;"><A HREF="#dq45301_erisa_matters"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>ERISA MATTERS</FONT></A></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><A HREF="#dq45301_erisa_matters"><FONT SIZE=2>35</FONT></A></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->
<!-- COMMAND=ADD_END_LINKTABLE -->
 </DIV>
 <HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=2,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=167386,FOLIO='blank',FILE='DISK123:[18ZBA1.18ZBA45301]BG45301A.;10',USER='CHE109870',CD='24-MAR-2018;09:25' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:times;"><FONT SIZE=2><A
NAME="page_ca45301_1_1"> </A>

<!-- COMMAND=ADD_BASECOLOR,"#000000" -->




<!-- COMMAND=ADD_DEFAULTFONT,"font-family:times;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->





<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->




<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


</FONT></P>

<!-- TOC_END -->

<P style="font-family:times;"><FONT SIZE=2><A HREF="#bg45301a_main_toc">Table of Contents</A> </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="ca45301_about_this_prospectus_supplement"> </A>
<A NAME="toc_ca45301_1"> </A>
<BR></FONT><FONT SIZE=2><B>  ABOUT THIS PROSPECTUS SUPPLEMENT    <BR>    </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This document consists of two parts. The first part is this prospectus supplement, which describes the specific terms of this offering. The
second part is the accompanying prospectus, which contains more general information, some of which may not apply to this offering. You should read both this prospectus supplement and the accompanying
prospectus, together with the documents identified under the headings "Where You Can Find More Information" and "The Allstate Corporation Filings" in this prospectus supplement and the accompanying
prospectus. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
the information set forth in this prospectus supplement differs in any way from the information set forth in the accompanying prospectus, you should rely on the information set forth
in this prospectus supplement. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;References
to "</FONT><FONT SIZE=2><I>we</I></FONT><FONT SIZE=2>," "</FONT><FONT SIZE=2><I>us</I></FONT><FONT SIZE=2>" and "</FONT><FONT SIZE=2><I>our</I></FONT><FONT SIZE=2>" in this
prospectus supplement are references to The Allstate Corporation, and not to any of our subsidiaries, unless we state otherwise or the context otherwise requires. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;You
should rely only on the information contained in or incorporated by reference in this prospectus supplement and the accompanying prospectus, and any related free writing prospectus
issued or authorized by us. This prospectus supplement may be used only for the purpose for which it has been prepared. No one is authorized to give information other than that contained in this
prospectus supplement and the accompanying prospectus, in the documents referred to in this prospectus supplement and the accompanying prospectus and which are made available to the public and in any
related free writing prospectus issued or authorized by us. We have not, and the underwriters have not, authorized any other person to provide you with different or additional information. If anyone
provides you with different or additional information, you should not rely on it. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
are not, and the underwriters are not, making an offer to sell the Senior Notes in any jurisdiction where the offer or sale is not permitted. You should not assume that the
information contained in or incorporated by reference in this prospectus supplement, the accompanying prospectus or any related free writing prospectus issued or authorized by us is accurate as of any
date other than the date of the applicable document. Our business, financial condition, results of operations and prospects may have changed since their respective dates. Neither this prospectus
supplement, the accompanying prospectus nor any related free writing prospectus issued or authorized by us constitutes an offer, or an invitation on our behalf or on behalf of the underwriters, to
subscribe for and purchase any of the Senior Notes and may not be used for or in connection with an offer or solicitation by anyone, in any jurisdiction in which such an offer or solicitation is not
authorized or to any person to whom it is unlawful to make such an offer or solicitation. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>S-1</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=3,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=1020236,FOLIO='S-1',FILE='DISK123:[18ZBA1.18ZBA45301]CA45301A.;4',USER='CHE108062',CD='23-MAR-2018;16:07' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:times;"><FONT SIZE=2><A
NAME="page_cc45301_1_2"> </A>

<!-- COMMAND=ADD_BASECOLOR,"#000000" -->




<!-- COMMAND=ADD_DEFAULTFONT,"font-family:times;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->





<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->




<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


</FONT></P>

<!-- TOC_END -->

<P style="font-family:times;"><FONT SIZE=2><A HREF="#bg45301a_main_toc">Table of Contents</A> </FONT></P>


<P style="font-family:times;"><FONT SIZE=2><BR></FONT></P>

<P style="font-family:times;"><FONT SIZE=2><I> </i></font></p>
<DIV style="width:100%;box-sizing:border-box;border:#000000 solid 1.0pt;padding-top:12.0pt;padding-right:12.0pt;padding-bottom:12.0pt;padding-left:12.0pt;">
 <P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="cc45301_prospectus_supplement_summary"> </A>
<A NAME="toc_cc45301_1"> </A>
<BR></FONT><FONT SIZE=2><B>  PROSPECTUS SUPPLEMENT SUMMARY    <BR>    </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=2><I>The following summary highlights selected information contained elsewhere or incorporated by reference in this
prospectus supplement and may not contain all of the information that is important to you. We encourage you to read this prospectus supplement and the accompanying prospectus, together with the
documents identified under the headings "Where You Can Find More Information" and "The Allstate Corporation Filings" in this prospectus supplement and the accompanying prospectus, in their entirety.
You should pay special attention to the "Risk Factors" section of this prospectus supplement and the "Risk Factors" section in our Annual Report on Form&nbsp;10-K for the year ended
December&nbsp;31, 2017</I></FONT><FONT SIZE=2>. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="cc45301_the_allstate_corporation"> </A>
<A NAME="toc_cc45301_2"> </A>
<BR></FONT><FONT SIZE=2><B>  The Allstate Corporation    <BR>    </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Allstate Corporation is a holding company that conducts its business principally through Allstate Insurance Company
("</FONT><FONT SIZE=2><I>AIC</I></FONT><FONT SIZE=2>"), Allstate Life Insurance Company and other subsidiaries (collectively, including The Allstate Corporation,
"</FONT><FONT SIZE=2><I>Allstate</I></FONT><FONT SIZE=2>"). Allstate is primarily engaged in the property and casualty insurance business and the sale of life and accident and health insurance
products in the United States and Canada. Allstate is the largest publicly held personal lines insurer in the United States and the 2<SUP>nd</SUP>&nbsp;largest personal property and casualty
insurer in the United States on the basis of 2016 statutory direct premiums written according to&nbsp;A.M. Best. In addition, according to&nbsp;A.M. Best, it is the nation's
19<SUP>th</SUP>&nbsp;largest issuer of life insurance business on the basis of 2016 ordinary life insurance in force and 36<SUP>th</SUP>&nbsp;largest on the basis of 2016 statutory admitted
assets. </FONT></P>
 </DIV>
 <P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>S-2</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=4,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=241811,FOLIO='S-2',FILE='DISK123:[18ZBA1.18ZBA45301]CC45301A.;11',USER='CHE109867',CD='25-MAR-2018;14:18' -->
<A NAME="page_cc45301_1_3"> </A>

<P style="font-family:times;"><FONT SIZE=2><A HREF="#bg45301a_main_toc">Table of Contents</A></FONT></P>

<P style="font-family:times;"><FONT SIZE=2><I> </i></font></p>
<DIV style="width:100%;box-sizing:border-box;border:#000000 solid 1.0pt;padding-top:12.0pt;padding-right:12.0pt;padding-bottom:12.0pt;padding-left:12.0pt;">

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Our
seven reportable segments include: </FONT></P>
 <div style="display:none;*display:block;margin-top:-1pt;"></div>

 <DIV style="padding:0pt;position:relative;width:100%;margin-left:0%;">
 <!-- COMMAND=ADD_TABLEWIDTH,"100%" -->

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE width="100%"  BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="218pt" style="font-family:times;"></TD>
<TD WIDTH="12pt" style="font-family:times;"></TD>
<TD WIDTH="" style="font-family:times;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=2>Allstate Protection(1)</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>Includes the Allstate&reg;, Encompass&reg; and Esurance&reg; brands and Answer Financial. Offers private passenger auto, homeowners, other personal lines and small commercial insurance products through agencies and
directly through contact centers and the internet.</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><BR><FONT SIZE=2>Service Businesses</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2>Includes SquareTrade&reg;, Arity<SUP>SM</SUP>, Allstate Roadside Services&reg; and Allstate Dealer Services&reg;, which offer a broad range of products and services that expand and enhance our customer value
propositions.</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><BR><FONT SIZE=2>Allstate Life</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2>Offers traditional, interest-sensitive and variable life insurance products through Allstate exclusive agencies and exclusive financial specialists.</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><BR><FONT SIZE=2>Allstate Benefits</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2>Offers voluntary benefits products, including life, accident, critical illness, short-term disability and other health products sold through workplace enrolling independent agents and Allstate exclusive
agencies.</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><BR><FONT SIZE=2>Allstate Annuities</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2>Consists of deferred fixed annuities and immediate fixed annuities (including standard and sub-standard structured settlements) in run-off. We exited the sale of annuities over an eight year period from 2006 to 2014.
In 2006, we disposed of substantially all of the variable annuity business through reinsurance agreements.</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><BR><FONT SIZE=2>Discontinued Lines and Coverages(1)</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2>Relates to property and casualty insurance policies primarily written during the 1960s through the mid-1980s. Our exposure to asbestos, environmental and other discontinued lines claims arises from direct excess
commercial insurance, assumed reinsurance coverage, direct primary commercial insurance and other businesses in run-off.</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><BR><FONT SIZE=2>Corporate and Other</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2>Includes holding company activities and certain non-insurance operations.</FONT></TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<!-- COMMAND=ADD_LINERULETXT,NOSHADE  COLOR="#000000" SIZE="1.0PT" WIDTH="26%" ALIGN="LEFT" -->
<HR NOSHADE  COLOR="#000000" SIZE="1.0PT" WIDTH="26%" ALIGN="LEFT" >
 </DIV>
<DIV style="padding:0pt;position:relative;text-align:left;margin-left:0%;">
 <DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2><BR>(1)</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Allstate
Protection and Discontinued Lines and Coverages segments comprise Property-Liability.  </FONT></DD></DL>
 </DIV>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Allstate Corporation was incorporated in Delaware on November&nbsp;5, 1992. Our executive offices are located at 2775 Sanders Road, Northbrook, Illinois, 60062-6127. Our telephone
number is&nbsp;(847)&nbsp;402-5000. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As
a holding company with no significant business operations of our own, we rely on dividends from AIC as one of the principal sources of cash to pay dividends and to meet our
obligations, including the payment of principal and interest on debt or to fund non-insurance-related businesses. AIC is regulated as an insurance company in Illinois. The payment of dividends by AIC
is limited by Illinois insurance law to formula amounts based on statutory net income and statutory surplus, as well as the timing and amount of dividends paid in the preceding twelve months. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
laws of other jurisdictions that generally govern our insurance subsidiaries contain similar limitations on the payment of dividends. However, such laws in some jurisdictions may be
more restrictive. </FONT></P>
 </DIV>
 <P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>S-3</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=2,SEQ=5,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=577699,FOLIO='S-3',FILE='DISK123:[18ZBA1.18ZBA45301]CC45301A.;11',USER='CHE109867',CD='25-MAR-2018;14:18' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:times;"><FONT SIZE=2><A
NAME="page_ce45301_1_4"> </A>

<!-- COMMAND=ADD_BASECOLOR,"#000000" -->




<!-- COMMAND=ADD_DEFAULTFONT,"font-family:times;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->





<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->




<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


</FONT></P>

<!-- TOC_END -->

<P style="font-family:times;"><FONT SIZE=2><A HREF="#bg45301a_main_toc">Table of Contents</A> </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;<BR></FONT></P>


<P style="font-family:times;"><FONT SIZE=2><I> </i></font></p>
<DIV style="width:100%;box-sizing:border-box;border:#000000 solid 1.0pt;padding-top:12.0pt;padding-right:12.0pt;padding-bottom:12.0pt;padding-left:12.0pt;">
 <P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="ce45301_the_senior_notes"> </A>
<A NAME="toc_ce45301_1"> </A>
<BR></FONT><FONT SIZE=2><B>  The Senior Notes    <BR>    </B></FONT></P>
 <div style="display:none;*display:block;margin-top:-1pt;"></div>

 <DIV style="padding:0pt;position:relative;width:80%;margin-left:10%;">
 <!-- COMMAND=ADD_TABLEWIDTH,"100%" -->

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE width="100%"  BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="48%" style="font-family:times;"></TD>
<TD WIDTH="12pt" style="font-family:times;"></TD>
<TD WIDTH="48%" style="font-family:times;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=2>Issuer</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>The Allstate Corporation.</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><BR><FONT SIZE=2>Securities Offered</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2>$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;aggregate principal amount of Floating Rate Senior Notes due 2021 (the "</FONT><FONT SIZE=2><I>2021 Senior Notes</I></FONT><FONT SIZE=2>").</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=2><BR>
&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2>$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;aggregate principal amount of Floating Rate Senior Notes due 2023 (the "</FONT><FONT SIZE=2><I>2023 Senior Notes</I></FONT><FONT SIZE=2>" and together with the 2021
Senior Notes, the "</FONT><FONT SIZE=2><I>Senior Notes</I></FONT><FONT SIZE=2>").</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><BR><FONT SIZE=2>Maturity Dates</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2>The 2021 Senior Notes will mature on&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;, 2021, and the 2023 Senior Notes will mature
on&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;, 2023.</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><BR><FONT SIZE=2>Issue Prices</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2>100% of the principal amount of each series of Senior Notes, plus accrued and unpaid interest, if any, from March&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;, 2018.</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><BR><FONT SIZE=2>Interest Rate</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2>The 2021 Senior Notes will bear interest from March&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;, 2018 at a floating rate equal to Three-month LIBOR plus&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;%
</FONT><FONT SIZE=2><I>per annum</I></FONT><FONT SIZE=2>, and the 2023 Senior Notes will bear interest from March&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;, 2018 at a floating rate equal to Three-month LIBOR
plus&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;% </FONT><FONT SIZE=2><I>per annum</I></FONT><FONT SIZE=2>.</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><BR><FONT SIZE=2>Interest Payment Dates</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;,&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;,
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;and&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;of each year, beginning
on&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;, 2018.</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><BR><FONT SIZE=2>Trustee</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2>U.S. Bank National Association.</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><BR><FONT SIZE=2>Ranking</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2>The Senior Notes will be our unsecured obligations and will rank equally in right of payment with all our existing and future unsecured and unsubordinated indebtedness.</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><BR><FONT SIZE=2>Denominations</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2>$2,000 and integral multiples of $1,000 in excess thereof.</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><BR><FONT SIZE=2>Use of Proceeds</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2>We expect to receive net proceeds, after deducting the underwriting discount and other offering expenses payable by us, of approximately $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;.</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=2><BR>
&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2>We intend to use the net proceeds from this offering of Senior Notes for general corporate purposes, including potentially the repayment at maturity of our 6.75% Senior Debentures due May&nbsp;15, 2018 and repayment
of certain other indebtedness.</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><BR><FONT SIZE=2>Further Issues</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2>We may from time to time, without giving notice to or seeking the consent of the holders of the Senior Notes of any series, issue debt securities having the same terms (except for the issue date and, in some cases,
the public offering price and the first interest payment date) as, and ranking equally and ratably with, the Senior Notes of any series offered hereby. Any additional debt securities having such similar terms, together with the Senior Notes of the
applicable series offered hereby, will constitute a single series of securities under the indenture.</FONT></TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->
 </DIV>
<p style="font-family:times;"><font size=1></FONT><FONT SIZE=2>
</font></p>
</DIV>
 <P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>S-4</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=6,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=413549,FOLIO='S-4',FILE='DISK123:[18ZBA1.18ZBA45301]CE45301A.;9',USER='CHE107312',CD='24-MAR-2018;09:06' -->
<A NAME="page_ce45301_1_5"> </A>

<P style="font-family:times;"><FONT SIZE=2><A HREF="#bg45301a_main_toc">Table of Contents</A></FONT></P>

<P style="font-family:times;"><FONT SIZE=2><I> </i></font></p>
<DIV style="width:100%;box-sizing:border-box;border:#000000 solid 1.0pt;padding-top:12.0pt;padding-right:12.0pt;padding-bottom:12.0pt;padding-left:12.0pt;">
 <div style="display:none;*display:block;margin-top:-1pt;"></div>

 <DIV style="padding:0pt;position:relative;width:80%;margin-left:10%;">
 <!-- COMMAND=ADD_TABLEWIDTH,"100%" -->

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE width="100%"  BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="48%" style="font-family:times;"></TD>
<TD WIDTH="12pt" style="font-family:times;"></TD>
<TD WIDTH="48%" style="font-family:times;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD style="font-family:times;"><FONT SIZE=2>Clearance and Settlement</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>We will issue the Senior Notes in the form of one or more fully registered global notes registered in the name of the nominee of The Depository Trust Company, or DTC. Beneficial interests in the Senior Notes will be
represented through book-entry accounts of financial institutions acting on behalf of beneficial owners as direct and indirect participants in DTC. Clearstream Banking,&nbsp;S.A. ("</FONT><FONT SIZE=2><I>Clearstream</I></FONT><FONT SIZE=2>") and
Euroclear Bank,&nbsp;SA/NV ("</FONT><FONT SIZE=2><I>Euroclear</I></FONT><FONT SIZE=2>") will hold interests on behalf of their participants through their respective U.S. depositaries, which in turn will hold such interests in accounts as participants
of DTC. Except in the limited circumstances described in this prospectus supplement, owners of beneficial interests in the Senior Notes will not be entitled to have Senior Notes registered in their names, will not receive or be entitled to receive
Senior Notes in definitive form and will not be considered holders of Senior Notes under the indenture.</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><BR><FONT SIZE=2>Listing</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2>The Senior Notes are not, and are not expected to be, listed on any securities exchange nor included in any automated quotation system.</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><BR><FONT SIZE=2>Governing Law</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2>The State of New York.</FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD style="font-family:times;"><BR><FONT SIZE=2>Risk Factors</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2><BR>&nbsp;</FONT></TD>
<TD style="font-family:times;"><BR><FONT SIZE=2><I> See</I></FONT><FONT SIZE=2> "Risk Factors" beginning on page&nbsp;S-6 of this prospectus supplement and Item&nbsp;1A of Part&nbsp;I of our Annual Report on Form&nbsp;10-K for the fiscal year ended December&nbsp;31,
 2017 to read about important factors you should consider before buying the Senior Notes.</FONT></TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->
 </DIV>

 </DIV>
 <P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>S-5</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=2,SEQ=7,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=286367,FOLIO='S-5',FILE='DISK123:[18ZBA1.18ZBA45301]CE45301A.;9',USER='CHE107312',CD='24-MAR-2018;09:06' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:times;"><FONT SIZE=2><A
NAME="page_cg45301_1_6"> </A>

<!-- COMMAND=ADD_BASECOLOR,"#000000" -->




<!-- COMMAND=ADD_DEFAULTFONT,"font-family:times;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->





<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->




<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


</FONT></P>

<!-- TOC_END -->

<P style="font-family:times;"><FONT SIZE=2><A HREF="#bg45301a_main_toc">Table of Contents</A> </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="cg45301_risk_factors"> </A>
<A NAME="toc_cg45301_1"> </A>
<BR></FONT><FONT SIZE=2><B>  RISK FACTORS    <BR>    </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=2><I>Your investment in the Senior Notes will involve certain risks described below. In consultation with your own financial
and legal advisors, you should carefully consider the information included in or incorporated by reference in this prospectus supplement and the accompanying prospectus, and pay special attention to
the following discussion of risks relating to the Senior Notes before deciding whether an investment in the Senior Notes is suitable for you. In addition to the risk factors relating to the Senior
Notes set forth below, we also specifically incorporate by reference into this prospectus supplement the section captioned "Risk Factors" in our Annual Report on Form&nbsp;10-K for the year ended
December&nbsp;31, 2017. The Senior Notes will not be an appropriate investment for you if you are not knowledgeable about significant features of the Senior Notes or financial matters in general.
You should not purchase the Senior Notes unless you understand, and know that you can bear, these investment risks</I></FONT><FONT SIZE=2>. </FONT></P>

<P style="font-family:times;;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2><B><I>


<!-- COMMAND=STYLE_ADDED,"margin-left:0pt;text-indent:-0pt;" -->


The indenture does not limit the amount of indebtedness that we or our subsidiaries may incur.  </I></B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Neither we nor any of our subsidiaries are restricted from incurring additional debt or other liabilities, including additional senior debt,
under the indenture. At December&nbsp;31, 2017, we had $4.33&nbsp;billion of senior debt outstanding. If we incur additional debt or liabilities, our ability to pay our obligations on the Senior
Notes could be adversely affected. We expect that we will from time to time incur additional debt and other liabilities. In addition, we are not restricted from paying dividends on or issuing or
repurchasing our securities under the indenture. </FONT></P>

<P style="font-family:times;;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2><B><I>


<!-- COMMAND=STYLE_ADDED,"margin-left:0pt;text-indent:-0pt;" -->


There are no financial covenants in the indenture.  </I></B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;There are no financial covenants in the indenture. You are not protected under the indenture in the event of a highly leveraged transaction,
reorganization, change of control, restructuring, merger or similar transaction that may adversely affect you, except to the limited extent described in the accompanying prospectus under "Description
of Debt Securities&#151;Consolidation, Merger and Sale of Assets." </FONT></P>

<P style="font-family:times;;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2><B><I>


<!-- COMMAND=STYLE_ADDED,"margin-left:0pt;text-indent:-0pt;" -->


The Senior Notes are not guaranteed by any of our subsidiaries and are structurally subordinated to the debt
and other liabilities of our subsidiaries, which means that creditors of our subsidiaries will be paid from their assets before holders of the Senior Notes would have any claims to those assets.  </I></B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We are a holding company and conduct substantially all of our operations through subsidiaries, which means that our ability to meet our
obligations on the Senior Notes depends on our ability to receive distributions from these subsidiaries. However, the Senior Notes are our exclusive obligations and are not guaranteed by any of our
subsidiaries. As a result, the Senior Notes are structurally subordinated to all debt and other liabilities of our subsidiaries (including liabilities to policyholders and contractholders), which
means that creditors of these subsidiaries will be paid from their assets before holders of the Senior Notes would have any claims to those assets. At December&nbsp;31, 2017, our subsidiaries had no
debt outstanding (excluding intercompany liabilities). </FONT></P>

<P style="font-family:times;;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2><B><I>


<!-- COMMAND=STYLE_ADDED,"margin-left:0pt;text-indent:-0pt;" -->


An active after-market for the Senior Notes may not develop.  </I></B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Senior Notes have no established trading market. We cannot assure you that an active after-market for the Senior Notes will develop or be
sustained or that holders of the Senior Notes will be able to sell their Senior Notes at favorable prices or at all. Although the underwriters have indicated to us that they currently intend to make a
market in the Senior Notes of each series, as permitted by applicable laws and regulations, they are not obligated to do so and may discontinue any such market-making at any time without notice.
Accordingly, no assurance can be given as to the liquidity of, or trading markets for, the Senior Notes. The Senior Notes are not listed and we do not plan to apply to </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>S-6</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=8,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=80817,FOLIO='S-6',FILE='DISK123:[18ZBA1.18ZBA45301]CG45301A.;5',USER='CHE109859',CD='24-MAR-2018;19:09' -->
<A NAME="page_cg45301_1_7"> </A>

<P style="font-family:times;"><FONT SIZE=2><A HREF="#bg45301a_main_toc">Table of Contents</A></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>list
the Senior Notes on any securities exchange or to include them in any automated dealer quotation system. </FONT></P>

<P style="font-family:times;;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2><B><I>


<!-- COMMAND=STYLE_ADDED,"margin-left:0pt;text-indent:-0pt;" -->


If a trading market does develop, changes in our credit ratings or the debt markets could adversely affect
the market price of the Senior Notes.  </I></B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The market price for the Senior Notes depends on many factors, including:</FONT></P>

<UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> Our credit ratings with major credit rating agencies; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> The prevailing interest rates being paid by other companies similar to us; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> Our financial condition, financial performance and future prospects; and </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> The overall condition of the financial markets. </FONT></DD></DL>
</UL>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
condition of the financial markets and prevailing interest rates have fluctuated in the past and are likely to fluctuate in the future. Such fluctuations could have an adverse effect
on the price of the Senior Notes. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
addition, credit rating agencies continually review their ratings for the companies that they follow, including us. The credit rating agencies also evaluate the insurance industry as
a whole and may change their credit rating for us based on their overall view of our industry. A negative change in our rating could have an adverse effect on the price of the Senior Notes. </FONT></P>


<P style="font-family:times;;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2><B><I>


<!-- COMMAND=STYLE_ADDED,"margin-left:0pt;text-indent:-0pt;" -->


Changes in banks' inter-bank lending rate reporting practices or the method pursuant to which LIBOR is
determined may adversely affect the value of the Senior Notes.  </I></B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;LIBOR and other indices which are deemed "benchmarks" are the subject of recent national, international, and other regulatory guidance and
proposals for reform. Some of these reforms are already effective while others are still to be implemented. These reforms may cause such benchmarks to perform differently than in the past, or have
other consequences which cannot be predicted. In particular, regulators and law enforcement agencies in the U.K. and elsewhere are conducting criminal and civil investigations into whether the banks
that contribute information to the British Bankers' Association (the "</FONT><FONT SIZE=2><I>BBA</I></FONT><FONT SIZE=2>") in connection with the daily calculation of LIBOR may have been
under-reporting or otherwise manipulating or attempting to manipulate LIBOR. A number of BBA member banks have entered into settlements with their regulators and law enforcement agencies with respect
to this alleged manipulation of LIBOR. Actions by the regulators or law enforcement agencies, as well as ICE Benchmark Administration (the current administrator of LIBOR), may result in changes to the
manner in which LIBOR is determined or the establishment of alternative reference rates. For example, on July&nbsp;27, 2017, the U.K. Financial Conduct Authority announced that it intends to stop
persuading or compelling banks to submit LIBOR rates after 2021. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;At
this time, it is not possible to predict the effect of any such changes, any establishment of alternative reference rates or any other reforms to LIBOR that may be implemented in the
U.K. or elsewhere. Uncertainty as to the nature of such potential changes, alternative reference rates or other reforms may
adversely affect the trading market for securities the interest or dividend on which is determined by reference to LIBOR, such as the Senior Notes. To the extent the Three-month LIBOR rate is
discontinued or is no longer quoted, the applicable base rate used to calculate interest payments on the Senior Notes will be determined using the alternative methods described in "Description of the
Senior Notes&#151;Interest." Any of these alternative methods may result in interest payments that are lower than or that do not otherwise correlate over time with the interest payments that
would have been made on the Senior Notes if the Three-month LIBOR rate was available in its current form. The final alternative method sets the interest rate at the same rate as the immediately
preceding interest </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>S-7</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=2,SEQ=9,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=820397,FOLIO='S-7',FILE='DISK123:[18ZBA1.18ZBA45301]CG45301A.;5',USER='CHE109859',CD='24-MAR-2018;19:09' -->
<A NAME="page_cg45301_1_8"> </A>


<P style="font-family:times;"><FONT SIZE=2><A HREF="#bg45301a_main_toc">Table of Contents</A></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>period.
In the event market interest rates rise thereafter, the Senior Notes would bear a fixed rate and could decline in value because the premium, if any, over market interest rates will decline. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;More
generally, any of the above changes or any other consequential changes to LIBOR or any other "benchmark" as a result of international, national, or other proposals for reform or
other initiatives or investigations, or any further uncertainty in relation to the timing and manner of implementation of such changes, could have a material adverse effect on the value of and return
on any securities based on or linked to a "benchmark," such as the Senior Notes. </FONT></P>

<P style="font-family:times;;margin-left:0pt;text-indent:-0pt;"><FONT SIZE=2><B><I>


<!-- COMMAND=STYLE_ADDED,"margin-left:0pt;text-indent:-0pt;" -->


The historical levels of Three-month LIBOR are not an indication of the future levels of Three-month LIBOR.  </I></B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In the past, the level of Three-month LIBOR has experienced significant fluctuations. Historical levels, fluctuations and trends of Three-month
LIBOR are not necessarily indicative of future levels, fluctuations and trends. Any historical upward or downward trend in Three-month LIBOR is not an indication that Three-month LIBOR is more or less
likely to increase or decrease during the life of the Senior Notes, and you should not take the historical levels of Three-month LIBOR rate as an indication of its future performance. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>S-8</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=3,SEQ=10,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=601232,FOLIO='S-8',FILE='DISK123:[18ZBA1.18ZBA45301]CG45301A.;5',USER='CHE109859',CD='24-MAR-2018;19:09' -->
<A NAME="page_cg45301_1_9"> </A>

<P style="font-family:times;"><FONT SIZE=2><A HREF="#bg45301a_main_toc">Table of Contents</A></FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="cg45301_consolidated_ratio_of_earnings_to_fixed_charges"> </A>
<A NAME="toc_cg45301_2"> </A>
<BR></FONT><FONT SIZE=2><B>  CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES    <BR>    </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following table sets forth our consolidated ratio of earnings to fixed charges for the periods indicated. For purposes of these
computations, earnings consist of income from operations before income tax, and fixed charges consist of interest on indebtedness, interest factor of annual rental expense, and interest credited to
contractholder funds. </FONT></P>
 <div style="display:none;*display:block;margin-top:-1pt;"></div>

 <DIV style="padding:0pt;position:relative;width:80%;margin-left:10%;">
 <!-- COMMAND=ADD_TABLEWIDTH,"100%" -->

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE width="100%"  BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="" style="font-family:times;"></TD>
<TD WIDTH="12pt" style="font-family:times;"></TD>
<TD WIDTH="7pt" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="30pt" style="font-family:times;"></TD>
<TD WIDTH="12pt" style="font-family:times;"></TD>
<TD WIDTH="7pt" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="30pt" style="font-family:times;"></TD>
<TD WIDTH="12pt" style="font-family:times;"></TD>
<TD WIDTH="7pt" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="30pt" style="font-family:times;"></TD>
<TD WIDTH="12pt" style="font-family:times;"></TD>
<TD WIDTH="7pt" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="30pt" style="font-family:times;"></TD>
<TD WIDTH="12pt" style="font-family:times;"></TD>
<TD WIDTH="7pt" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="30pt" style="font-family:times;"></TD>
<TD WIDTH="12pt" style="font-family:times;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="BOTTOM">
<TH ALIGN="LEFT" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT><BR></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=14 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Year Ended December&nbsp;31, </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
</TR>
<TR VALIGN="BOTTOM">
<TH ALIGN="LEFT" style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT><BR></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>2017 </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>2016 </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>2015 </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>2014 </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>2013 </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Ratio of Earnings to Fixed Charges</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>4.8X</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>3.7X</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>4.1X</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>4.4X</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>3.0X</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->
 </DIV>
 <P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>S-9</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=4,SEQ=11,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=973414,FOLIO='S-9',FILE='DISK123:[18ZBA1.18ZBA45301]CG45301A.;5',USER='CHE109859',CD='24-MAR-2018;19:09' -->
<A NAME="page_cg45301_1_10"> </A>

<P style="font-family:times;"><FONT SIZE=2><A HREF="#bg45301a_main_toc">Table of Contents</A></FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="cg45301_use_of_proceeds"> </A>
<A NAME="toc_cg45301_3"> </A>
<BR></FONT><FONT SIZE=2><B>  USE OF PROCEEDS    <BR>    </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We expect to receive net proceeds, after deducting the underwriting discount and other offering expenses payable by us, of approximately
$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
intend to use the net proceeds from this offering of Senior Notes for general corporate purposes, including potentially the repayment at maturity of our 6.75% Senior Debentures due
May&nbsp;15, 2018 and repayment of certain other indebtedness. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>S-10</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=5,SEQ=12,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=70539,FOLIO='S-10',FILE='DISK123:[18ZBA1.18ZBA45301]CG45301A.;5',USER='CHE109859',CD='24-MAR-2018;19:09' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:times;"><FONT SIZE=2><A
NAME="page_ci45301_1_11"> </A>

<!-- COMMAND=ADD_BASECOLOR,"#000000" -->




<!-- COMMAND=ADD_DEFAULTFONT,"font-family:times;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->





<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->




<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


</FONT></P>

<!-- TOC_END -->

<P style="font-family:times;"><FONT SIZE=2><A HREF="#bg45301a_main_toc">Table of Contents</A> </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="ci45301_capitalization"> </A>
<A NAME="toc_ci45301_1"> </A>
<BR></FONT><FONT SIZE=2><B>  CAPITALIZATION    <BR>    </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following table sets forth our capitalization as of December&nbsp;31, 2017 and as adjusted to give effect to this offering of Senior
Notes. The following data should be read in connection with our consolidated financial statements and notes, which are incorporated by reference. </FONT></P>
 <div style="display:none;*display:block;margin-top:-1pt;"></div>

 <DIV style="padding:0pt;position:relative;width:70%;margin-left:15%;">
 <!-- COMMAND=ADD_TABLEWIDTH,"100%" -->

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE width="100%"  BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="" style="font-family:times;"></TD>
<TD WIDTH="12pt" style="font-family:times;"></TD>
<TD WIDTH="7pt" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="50pt" style="font-family:times;"></TD>
<TD WIDTH="12pt" style="font-family:times;"></TD>
<TD WIDTH="7pt" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="70pt" style="font-family:times;"></TD>
<TD WIDTH="12pt" style="font-family:times;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="BOTTOM">
<TH ALIGN="LEFT" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT><BR></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=5 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>As of December&nbsp;31, 2017 </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
</TR>
<TR VALIGN="BOTTOM">
<TH ALIGN="LEFT" style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT><BR></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Actual </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>As Adjusted(1) </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
</TR>
<TR VALIGN="BOTTOM">
<TH ALIGN="LEFT" style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT><BR></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=5 ALIGN="CENTER" style="font-family:times;"><FONT SIZE=1><B>(in millions)</B></FONT><BR></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="BOTTOM">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Short-term debt</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>
<!-- -->
$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&#151;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>
<!-- -->
$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&#151;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="BOTTOM">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Floating Rate Notes due 2021</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&#151;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="BOTTOM">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Floating Rate Notes due 2023</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&#151;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="BOTTOM">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Other long-term debt</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>6,350</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>6,350 </FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR bgcolor="#FFFFFF"  VALIGN="BOTTOM">
<TD style="line-height:0pt;font-size:1.5pt;font-family:times;"><FONT SIZE=2>


<!-- COMMAND=ADD_ROWSHADECOLOR,"#FFFFFF" -->





<!-- COMMAND=ADD_GUTTERGRID,"line-height:0pt;font-size:1.5pt;" -->


 </font>&#8203;</TD>
<TD style="line-height:0pt;font-size:1.5pt;font-family:times;"><FONT SIZE=2></font>&#8203;<font></FONT></TD>
<TD style="line-height:0pt;font-size:1.5pt;font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=2></font>&#8203;


<!-- COMMAND=ADD_GRID,"border-bottom:solid #000000 1.0pt;" -->


 <font></FONT></TD>
<TD ALIGN="RIGHT" style="line-height:0pt;font-size:1.5pt;font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=2></font>&#8203;


<!-- COMMAND=ADD_GRID,"border-bottom:solid #000000 1.0pt;" -->


 <font></FONT></TD>
<TD style="line-height:0pt;font-size:1.5pt;font-family:times;"><FONT SIZE=2></font>&#8203;<font></FONT></TD>
<TD style="line-height:0pt;font-size:1.5pt;font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=2></font>&#8203;


<!-- COMMAND=ADD_GRID,"border-bottom:solid #000000 1.0pt;" -->


 <font></FONT></TD>
<TD ALIGN="RIGHT" style="line-height:0pt;font-size:1.5pt;font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=2></font>&#8203;


<!-- COMMAND=ADD_GRID,"border-bottom:solid #000000 1.0pt;" -->


 </TD>
<TD style="line-height:0pt;font-size:1.5pt;font-family:times;"><FONT SIZE=2></font>&#8203;<font></FONT></TD>
</TR>

<TR BGCOLOR="#CCEEFF" VALIGN="BOTTOM">
<TD style="font-family:times;"><p style="font-family:times;margin-left:30pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total debt</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>6,350</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR bgcolor="#FFFFFF"  VALIGN="BOTTOM">
<TD style="line-height:0pt;font-size:1.5pt;font-family:times;"><FONT SIZE=2>


<!-- COMMAND=ADD_ROWSHADECOLOR,"#FFFFFF" -->




<!-- COMMAND=ADD_GUTTERGRID,"line-height:0pt;font-size:1.5pt;" -->


 </font>&#8203;<font></FONT></TD>
<TD style="line-height:0pt;font-size:1.5pt;font-family:times;"><FONT SIZE=2></font>&#8203;<font></FONT></TD>
<TD style="line-height:0pt;font-size:1.5pt;font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=2></font>&#8203;


<!-- COMMAND=ADD_GRID,"border-bottom:solid #000000 1.0pt;" -->


 <font></FONT></TD>
<TD ALIGN="RIGHT" style="line-height:0pt;font-size:1.5pt;font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=2></font>&#8203;



<!-- COMMAND=ADD_GRID,"border-bottom:solid #000000 1.0pt;" -->


 </TD>
<TD style="line-height:0pt;font-size:1.5pt;font-family:times;"><FONT SIZE=2></font>&#8203;<font></FONT></TD>
<TD style="line-height:0pt;font-size:1.5pt;font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=2></font>&#8203;


<!-- COMMAND=ADD_GRID,"border-bottom:solid #000000 1.0pt;" -->


 <font></FONT></TD>
<TD ALIGN="RIGHT" style="line-height:0pt;font-size:1.5pt;font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=2></font>&#8203;


<!-- COMMAND=ADD_GRID,"border-bottom:solid #000000 1.0pt;" -->


 <font></FONT></TD>
<TD style="line-height:0pt;font-size:1.5pt;font-family:times;"><FONT SIZE=2></font>&#8203;<font></FONT></TD>
</TR>

<TR BGCOLOR="White" VALIGN="BOTTOM">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Preferred stock and additional capital paid in</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>1,746</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>1,746</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="BOTTOM">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Common stock and additional capital paid-in</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>3,322</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>3,322</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="BOTTOM">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Unrealized net capital gains and losses</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>1,662</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>1,662</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="BOTTOM">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Unrealized foreign currency translation adjustments</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>(9</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>(9</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>)</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="BOTTOM">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Unrecognized pension and other postretirement benefit cost</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>(1,347</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>(1,347</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>)</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="BOTTOM">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Retained income</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>43,162</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>43,162</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="BOTTOM">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Deferred ESOP expense</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>(3</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>(3</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>)</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="BOTTOM">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Treasury stock, at cost</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>(25,982</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>(25,982</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>) </FONT></TD>
</TR>
<TR bgcolor="#FFFFFF"  VALIGN="BOTTOM">
<TD style="line-height:0pt;font-size:1.5pt;font-family:times;"><FONT SIZE=2>


<!-- COMMAND=ADD_ROWSHADECOLOR,"#FFFFFF" -->




<!-- COMMAND=ADD_GUTTERGRID,"line-height:0pt;font-size:1.5pt;" -->


 </font>&#8203;<font></FONT></TD>
<TD style="line-height:0pt;font-size:1.5pt;font-family:times;"><FONT SIZE=2></font>&#8203;<font></FONT></TD>
<TD style="line-height:0pt;font-size:1.5pt;font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=2></font>&#8203;


<!-- COMMAND=ADD_GRID,"border-bottom:solid #000000 1.0pt;" -->


 <font></FONT></TD>
<TD ALIGN="RIGHT" style="line-height:0pt;font-size:1.5pt;font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=2></font>&#8203;



<!-- COMMAND=ADD_GRID,"border-bottom:solid #000000 1.0pt;" -->


 </TD>
<TD style="line-height:0pt;font-size:1.5pt;font-family:times;"><FONT SIZE=2></font>&#8203;<font></FONT></TD>
<TD style="line-height:0pt;font-size:1.5pt;font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=2></font>&#8203;


<!-- COMMAND=ADD_GRID,"border-bottom:solid #000000 1.0pt;" -->


 <font></FONT></TD>
<TD ALIGN="RIGHT" style="line-height:0pt;font-size:1.5pt;font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=2></font>&#8203;


<!-- COMMAND=ADD_GRID,"border-bottom:solid #000000 1.0pt;" -->


 <font></FONT></TD>
<TD style="line-height:0pt;font-size:1.5pt;font-family:times;"><FONT SIZE=2></font>&#8203;<font></FONT></TD>
</TR>

<TR BGCOLOR="White" VALIGN="BOTTOM">
<TD style="font-family:times;"><p style="font-family:times;margin-left:30pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total shareholders' equity</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>
<!-- -->
$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>22,551</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>
<!-- -->
$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR bgcolor="#FFFFFF"  VALIGN="BOTTOM">
<TD style="line-height:0pt;font-size:1.5pt;font-family:times;"><FONT SIZE=2>


<!-- COMMAND=ADD_ROWSHADECOLOR,"#FFFFFF" -->





<!-- COMMAND=ADD_GUTTERGRID,"line-height:0pt;font-size:1.5pt;" -->


 </font>&#8203;</TD>
<TD style="line-height:0pt;font-size:1.5pt;font-family:times;"><FONT SIZE=2></font>&#8203;<font></FONT></TD>
<TD style="line-height:0pt;font-size:1.5pt;font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=2></font>&#8203;


<!-- COMMAND=ADD_GRID,"border-bottom:solid #000000 1.0pt;" -->


 <font></FONT></TD>
<TD ALIGN="RIGHT" style="line-height:0pt;font-size:1.5pt;font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=2></font>&#8203;


<!-- COMMAND=ADD_GRID,"border-bottom:solid #000000 1.0pt;" -->


 <font></FONT></TD>
<TD style="line-height:0pt;font-size:1.5pt;font-family:times;"><FONT SIZE=2></font>&#8203;<font></FONT></TD>
<TD style="line-height:0pt;font-size:1.5pt;font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=2></font>&#8203;


<!-- COMMAND=ADD_GRID,"border-bottom:solid #000000 1.0pt;" -->


 <font></FONT></TD>
<TD ALIGN="RIGHT" style="line-height:0pt;font-size:1.5pt;font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=2></font>&#8203;


<!-- COMMAND=ADD_GRID,"border-bottom:solid #000000 1.0pt;" -->


 </TD>
<TD style="line-height:0pt;font-size:1.5pt;font-family:times;"><FONT SIZE=2></font>&#8203;<font></FONT></TD>
</TR>

<TR BGCOLOR="#CCEEFF" VALIGN="BOTTOM">
<TD style="font-family:times;"><p style="font-family:times;margin-left:30pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total capitalization</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>
<!-- -->
$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>28,901</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>
<!-- -->
$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR bgcolor="#FFFFFF"  VALIGN="BOTTOM">
<TD style="line-height:0pt;font-size:1.5pt;font-family:times;"><FONT SIZE=2>


<!-- COMMAND=ADD_ROWSHADECOLOR,"#FFFFFF" -->




<!-- COMMAND=ADD_GUTTERGRID,"line-height:0pt;font-size:1.5pt;" -->


 </font>&#8203;<font></FONT></TD>
<TD style="line-height:0pt;font-size:1.5pt;font-family:times;"><FONT SIZE=2></font>&#8203;<font></FONT></TD>
<TD style="line-height:0pt;font-size:1.5pt;font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=2></font>&#8203;


<!-- COMMAND=ADD_GRID,"border-bottom:solid #000000 1.0pt;" -->


 <font></FONT></TD>
<TD ALIGN="RIGHT" style="line-height:0pt;font-size:1.5pt;font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=2></font>&#8203;



<!-- COMMAND=ADD_GRID,"border-bottom:solid #000000 1.0pt;" -->


 </TD>
<TD style="line-height:0pt;font-size:1.5pt;font-family:times;"><FONT SIZE=2></font>&#8203;<font></FONT></TD>
<TD style="line-height:0pt;font-size:1.5pt;font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=2></font>&#8203;


<!-- COMMAND=ADD_GRID,"border-bottom:solid #000000 1.0pt;" -->


 <font></FONT></TD>
<TD ALIGN="RIGHT" style="line-height:0pt;font-size:1.5pt;font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=2></font>&#8203;


<!-- COMMAND=ADD_GRID,"border-bottom:solid #000000 1.0pt;" -->


 <font></FONT></TD>
<TD style="line-height:0pt;font-size:1.5pt;font-family:times;"><FONT SIZE=2></font>&#8203;<font></FONT></TD>
</TR>

</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->


<!-- COMMAND=ADD_LINERULETXT,NOSHADE  COLOR="#000000" SIZE="1.0PT" WIDTH="26%" ALIGN="LEFT" -->
<HR NOSHADE  COLOR="#000000" SIZE="1.0PT" WIDTH="26%" ALIGN="LEFT" >
 </DIV>
<DIV style="padding:0pt;position:relative;text-align:left;margin-left:15%;">
 <DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>(1)</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Does
not reflect related issuance costs of $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;million comprising the underwriting discount and other offering expenses payable by us for the offering
of the Senior Notes.  </FONT></DD></DL>
 </DIV>
 <P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>S-11</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=13,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=851083,FOLIO='S-11',FILE='DISK123:[18ZBA1.18ZBA45301]CI45301A.;17',USER='CHE109867',CD='25-MAR-2018;14:06' -->
<A NAME="page_ci45301_1_12"> </A>

<P style="font-family:times;"><FONT SIZE=2><A HREF="#bg45301a_main_toc">Table of Contents</A></FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="ci45301_selected_consolidated_financial_information"> </A>
<A NAME="toc_ci45301_2"> </A>
<BR></FONT><FONT SIZE=2><B>  SELECTED CONSOLIDATED FINANCIAL INFORMATION    <BR>    </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following table sets forth selected consolidated statements of operations and financial position data for the periods indicated. The
financial data for each of the five years in the period ended December&nbsp;31, 2017 are derived from our audited consolidated financial statements. The following amounts should be read in
conjunction with the consolidated financial statements and notes thereto contained in our other filings with the Securities and Exchange Commission (the
"</FONT><FONT SIZE=2><I>SEC</I></FONT><FONT SIZE=2>") available as described under "Where You Can Find More Information" and "The Allstate Corporation Filings" in this prospectus supplement and the
accompanying prospectus. </FONT></P>
 <div style="display:none;*display:block;margin-top:-1pt;"></div>

 <DIV style="padding:0pt;position:relative;width:80%;margin-left:10%;">
 <!-- COMMAND=ADD_TABLEWIDTH,"100%" -->

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE width="100%"  BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="" style="font-family:times;"></TD>
<TD WIDTH="12pt" style="font-family:times;"></TD>
<TD WIDTH="7pt" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="51pt" style="font-family:times;"></TD>
<TD WIDTH="12pt" style="font-family:times;"></TD>
<TD WIDTH="7pt" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="51pt" style="font-family:times;"></TD>
<TD WIDTH="12pt" style="font-family:times;"></TD>
<TD WIDTH="7pt" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="51pt" style="font-family:times;"></TD>
<TD WIDTH="12pt" style="font-family:times;"></TD>
<TD WIDTH="7pt" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="51pt" style="font-family:times;"></TD>
<TD WIDTH="12pt" style="font-family:times;"></TD>
<TD WIDTH="7pt" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="51pt" style="font-family:times;"></TD>
<TD WIDTH="12pt" style="font-family:times;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="BOTTOM">
<TH ALIGN="LEFT" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT><BR></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=14 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>As of or for the year ended December&nbsp;31, </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
</TR>
<TR VALIGN="BOTTOM">
<TH ALIGN="LEFT" style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT><BR></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>2017 </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>2016 </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>2015 </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>2014 </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>2013 </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
</TR>
<TR VALIGN="BOTTOM">
<TH ALIGN="LEFT" style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT><BR></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=14 ALIGN="CENTER" style="font-family:times;"><FONT SIZE=1><B>(in millions)</B></FONT><BR></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="BOTTOM">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Consolidated statements of operations data:</B></FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="BOTTOM">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Insurance premiums and contract charges</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>
<!-- -->
$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>34,678</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>
<!-- -->
$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>33,582</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>
<!-- -->
$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>32,467</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>
<!-- -->
$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>31,086</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>

<!-- -->
$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>29,970</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="BOTTOM">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Net investment income</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>3,401</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>3,042</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>3,156</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>3,459</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>3,943</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="BOTTOM">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Realized capital gains and losses</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>445</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>(90</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>30</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>694</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>594</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="BOTTOM">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total revenues</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>38,524</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>36,534</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>35,653</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>35,239</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>34,507</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="BOTTOM">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Benefits, claims and other expenses</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>34,553</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>33,785</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>32,374</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>30,929</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>30,423</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="BOTTOM">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Gain (loss) on disposition of operations</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>20</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>5</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>3</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>(74</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>)</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>(688</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>)</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="BOTTOM">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Income tax expense</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>802</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>877</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>1,111</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>1,386</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>1,116</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="BOTTOM">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Net income</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>3,189</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>1,877</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>2,171</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>2,850</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>2,280</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="BOTTOM">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Net income applicable to common shareholders</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>3,073</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>1,761</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>2,055</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>2,746</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>2,263</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="BOTTOM">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2><B>Consolidated financial position data:</B></FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="BOTTOM">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Investments</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>
<!-- -->
$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>82,803</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>
<!-- -->
$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>81,779</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>
<!-- -->
$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>77,758</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>
<!-- -->
$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>81,113</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>
<!-- -->
$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>81,155</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="BOTTOM">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total assets</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>112,422</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>108,610</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>104,656</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>108,479</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>123,460</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="BOTTOM">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Reserve for claims and claims expense, life-contingent contract benefits and contractholder funds</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>58,308</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>57,749</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>57,411</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>57,832</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>58,547</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="BOTTOM">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Short-term debt</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&#151;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&#151;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&#151;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&#151;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&#151;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="BOTTOM">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Long-term debt</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>6,350</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>6,347</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>5,124</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>5,140</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>6,141</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="BOTTOM">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Shareholders' equity</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>22,551</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>20,573</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>20,025</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>22,304</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>21,480</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="BOTTOM">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Equity</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>22,551</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>20,573</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>20,025</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>22,304</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>21,480</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->
 </DIV>
 <P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>S-12</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=2,SEQ=14,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=988950,FOLIO='S-12',FILE='DISK123:[18ZBA1.18ZBA45301]CI45301A.;17',USER='CHE109867',CD='25-MAR-2018;14:06' -->
<A NAME="page_ci45301_1_13"> </A>

<P style="font-family:times;"><FONT SIZE=2><A HREF="#bg45301a_main_toc">Table of Contents</A></FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="ci45301_description_of_the_senior_notes"> </A>
<A NAME="toc_ci45301_3"> </A>
<BR></FONT><FONT SIZE=2><B>  DESCRIPTION OF THE SENIOR NOTES    <BR>    </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=2><I>We have summarized provisions of the Senior Notes below. This summary supplements and replaces (if inconsistent with)
the description of debt securities and the general terms and provisions of debt securities under the caption "Description of Debt Securities" in the accompanying prospectus. This summary does not
purport to be complete and is qualified in its entirety by reference to the indenture referred to below.</I></FONT></P>


<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


General  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each series of the Senior Notes will be issued under an indenture, dated as of December&nbsp;16, 1997, as amended by a third supplemental
indenture, dated as of July&nbsp;23, 1999, as amended by a sixth supplemental indenture, dated as of June&nbsp;12, 2000, and as supplemented by (i)&nbsp;a twenty-first supplemental indenture to
be dated as of March&nbsp;&nbsp;&nbsp;&nbsp;, 2018, with respect to the issuance of the 2021 Senior Notes, and (ii)&nbsp;a twenty-second supplemental indenture to be dated as of March&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;,
2018, with respect to the issuance of the 2023 Senior Notes, between us and U.S. Bank National Association, as trustee (successor in interest to State Street Bank and Trust Company). </FONT></P>


<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
2021 Senior Notes will initially be limited to a total principal amount of $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;, and the 2023 Senior Notes will initially be limited to a total principal amount of
$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;. We may from time to time, without giving notice to or seeking the consent of the holders of the Senior Notes of any series, issue debt securities having the same terms (except
for
the issue date and, in some cases, the public offering price and the first interest payment date) as, and ranking equally and ratably with, the Senior Notes of a series offered hereby. Any additional
debt securities having such similar terms, together with the Senior Notes of the applicable series offered hereby, will constitute a single series of securities under the indenture. No additional debt
securities may be issued if an event of default under the indenture has occurred and is continuing with respect to the applicable series of the Senior Notes. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
will issue the Senior Notes only in fully registered form, without coupons, in denominations of $2,000 and integral multiples of $1,000 in excess thereof. The Senior Notes will not be
subject to any sinking fund. </FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Interest  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The 2021 Senior Notes will mature on&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;, 2021 and will bear interest at a
floating rate equal to Three-month
LIBOR, reset quarterly on each interest reset date (as defined below), plus&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;% </FONT><FONT SIZE=2><I>per annum</I></FONT><FONT SIZE=2>. The 2023 Senior Notes will mature on
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;, 2023 and will bear interest at a floating rate equal to Three-month LIBOR, reset quarterly on each interest reset date (as defined
below), plus&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;% </FONT> <FONT SIZE=2><I>per annum</I></FONT><FONT SIZE=2>. Interest on each series of the Senior Notes will be payable quarterly in arrears
on&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;,
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;,
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;and
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;of each year (each, an "</FONT><FONT SIZE=2><I>interest payment date</I></FONT><FONT SIZE=2>"), to the
persons in whose names the Senior Notes are registered at the close of business
on the fifteenth calendar day (whether or not a business day) immediately preceding the related interest payment date. Interest on each series of the Senior Notes will be computed on the basis of the
actual number of days elapsed in the initial interest period or the interest period, as applicable (each as defined below), over a 360-day year. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notwithstanding
anything to the contrary in this prospectus supplement, so long as the Senior Notes are in book-entry form, we will make payments of principal and interest through the
trustee to DTC. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Interest
payable on any interest payment date or the respective maturity date will be the amount of interest accrued from, and including, the immediately preceding interest payment date
on which interest has been paid or provided for (or from and including the original issue date, if no interest has been paid or provided for) to, but excluding, such interest payment date or the
maturity date, as the case may be. If any interest payment date (other than the respective maturity date) is not a business </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>S-13</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=3,SEQ=15,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=797242,FOLIO='S-13',FILE='DISK123:[18ZBA1.18ZBA45301]CI45301A.;17',USER='CHE109867',CD='25-MAR-2018;14:06' -->
<A NAME="page_ci45301_1_14"> </A>

<P style="font-family:times;"><FONT SIZE=2><A HREF="#bg45301a_main_toc">Table of Contents</A></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>day,
that interest payment date will be postponed to the next day that is a business day, except that if such business day is in the immediately succeeding calendar month, such interest payment date
(other than the respective maturity date) will be the immediately preceding business day (the "</FONT><FONT SIZE=2><I>business day convention</I></FONT><FONT SIZE=2>"). If either maturity date is not
a business day, we will pay interest and principal and premium (if any) on the next day that is a business day and no interest will accrue for the period from and after such maturity date. </FONT></P>


<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;"</FONT><FONT
SIZE=2><I>Business day</I></FONT><FONT SIZE=2>" means any day, other than a Saturday or Sunday, on which banks in The City of New York are not required by law to close. </FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B><I>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Rate of Interest  </I></B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The interest rate on the Senior Notes will be reset quarterly on each interest payment date, subject to the business day convention (each, in
such capacity, an "</FONT><FONT SIZE=2><I>interest reset date</I></FONT><FONT SIZE=2>"). The 2021 Senior Notes will bear interest at a rate </FONT><FONT SIZE=2><I>per annum</I></FONT><FONT SIZE=2>
equal to Three-month LIBOR for the applicable interest period plus&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;% (&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;basis points), and the 2023 Senior Notes will bear interest at a rate </FONT><FONT
SIZE=2><I>per
annum</I></FONT><FONT SIZE=2> equal to Three-month LIBOR for the applicable interest period plus&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;% (&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;basis points). </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
"</FONT><FONT SIZE=2><I>initial interest period</I></FONT><FONT SIZE=2>" will be the period from and including the original issue date to but excluding the first interest reset
date. Thereafter, each </FONT><FONT SIZE=2><I>"interest period"</I></FONT><FONT SIZE=2> will be the period from and including an interest reset date to but excluding the immediately succeeding
interest reset date; </FONT><FONT SIZE=2><I>provide</I></FONT><FONT SIZE=2>d that the final interest period for each series of Senior Notes will be the period from, and including, the interest reset
date immediately preceding the respective maturity date, to, but excluding, the maturity date of the applicable series of the Senior Notes. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
interest rate in effect on each day will be (i)&nbsp;if that day is an interest reset date, the interest rate determined as of the interest determination date (as defined below)
immediately preceding such interest reset date or (ii)&nbsp;if that day is not an interest reset date, the interest rate determined as of the interest determination date immediately preceding the
most recent interest reset date or the original issue date, as the case may be. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
interest rate on each series of the Senior Notes will be limited to the maximum rate permitted by New York law, as the same may be modified by United States law of general
application. </FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B><I>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Interest Rate Determination  </I></B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The respective interest rate applicable to each interest period commencing on the related interest reset date, or the original issue date in the
case of the initial interest period, will be the rate determined as of the applicable interest determination date. </FONT></P>


<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
"</FONT><FONT SIZE=2><I>interest determination date</I></FONT><FONT SIZE=2>" will be the second London banking day immediately preceding the original issue date, in the case of the
initial interest period, or thereafter, the second London banking day immediately preceding the applicable interest reset date. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Bank of New York Mellon Trust Company, N.A., or any successor appointed by us, will act as calculation agent. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Three-month
LIBOR will be determined by the calculation agent as of the applicable interest determination date in accordance with the following provisions:  </FONT></P>

<UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>(i)</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>LIBOR
will be the offered rate expressed as a percentage </FONT><FONT SIZE=2><I>per annum</I></FONT><FONT SIZE=2> for three-month deposits in U.S. dollars,
beginning on the first day of such interest period, as that rate appears on the designated LIBOR page as of approximately 11:00&nbsp;A.M., London time, on the related interest determination date. </FONT></DD></DL>
</UL>
<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>S-14</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=4,SEQ=16,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=901822,FOLIO='S-14',FILE='DISK123:[18ZBA1.18ZBA45301]CI45301A.;17',USER='CHE109867',CD='25-MAR-2018;14:06' -->
<A NAME="page_ci45301_1_15"> </A>


<P style="font-family:times;"><FONT SIZE=2><A HREF="#bg45301a_main_toc">Table of Contents</A></FONT></P>

<UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>(ii)</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>If
no rate appears, Three-month LIBOR, in respect of that interest determination date, will be determined as follows: the calculation agent will request the
principal London offices of each of four major reference banks in the London interbank market, as selected and identified by us, to provide the calculation agent with its offered quotation for
deposits in U.S. dollars for the period of three months, commencing on the interest reset date, to prime banks in the London interbank market at approximately 11:00&nbsp;a.m., London time, on that
interest determination date and in a principal amount that is representative for a single transaction in U.S. dollars in that market at that time. If at least two quotations are provided, then
Three-month LIBOR on that interest determination date will be the arithmetic mean of those quotations. If fewer than two quotations are provided, then Three-month LIBOR on the interest determination
date will be the arithmetic mean of the rates quoted at approximately 11:00&nbsp;a.m., New York City time, on the interest determination date by three major banks in the City of New York selected by
and identified by us for loans in U.S. dollars to leading European banks, having a three-month maturity and in a principal amount that is representative for a single transaction in U.S. dollars in
that market at that time; </FONT><FONT SIZE=2><I>provided</I></FONT><FONT SIZE=2>, </FONT><FONT SIZE=2><I>howeve</I></FONT><FONT SIZE=2>r, that if the banks selected by and identified by us are not
providing quotations in the manner described by this sentence, Three-month LIBOR determined as of that interest determination date will be Three-month LIBOR in effect on that interest determination
date (</FONT><FONT SIZE=2><I>i.e</I></FONT><FONT SIZE=2>., the same as the rate determined for the immediately preceding interest reset date). </FONT></DD></DL>
</UL>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
designated LIBOR page is the Reuters screen "LIBOR01," or any successor service for the purpose of displaying the London interbank rates of major banks for U.S. dollars. The Reuters
screen "LIBOR01" is the display designated as the Reuters screen "LIBOR01," or such other page as may replace the Reuters screen "LIBOR01" on that service or such other service or services as may be
designated for the purpose of displaying London interbank offered rates for U.S. dollar deposits by the ICE Benchmark Administration or its successor or such other entity assuming the responsibility
of the ICE Benchmark Administration or its successor in calculating the London Inter-Bank Offered Rate in the event the ICE Benchmark Administration or its successor no longer does so. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
term "</FONT><FONT SIZE=2><I>London banking day</I></FONT><FONT SIZE=2>" means any day in which dealings in U.S. dollars are transacted or, with respect to any future date, are
expected to be transacted in the London interbank market. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All
percentages resulting from any calculation of any interest rate for the Senior Notes will be rounded, if necessary, to the nearest one hundred thousandth of a percentage point, with
five one-millionths of a percentage point rounded upward, </FONT><FONT SIZE=2><I>e.g</I></FONT><FONT SIZE=2>., 9.876545% (or .09876545) would be rounded to 9.87655% (or .0987655), and all dollar
amounts will be rounded to the nearest cent, with one-half cent being rounded upward. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Promptly
upon such determination, the calculation agent will notify us and the trustee (if the calculation agent is not the trustee) of the applicable interest rate for the new interest
period. Upon request of a holder of a series of the Senior Notes, the calculation agent will provide to such holder the applicable interest rate in effect on the date of such request and, if
determined, the applicable interest rate for the next interest period. </FONT></P>


<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All
calculations made by the calculation agent for the purposes of calculating interest on each series of the Senior Notes shall be conclusive and binding on the trustee, the holders and
us, absent manifest errors. </FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Ranking  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each series of the Senior Notes will be our senior unsecured obligations and will rank equally in right of payment with all of our other
existing and future senior unsecured and unsubordinated indebtedness. The Senior Notes will rank senior to any subordinated indebtedness. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>S-15</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=5,SEQ=17,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=417217,FOLIO='S-15',FILE='DISK123:[18ZBA1.18ZBA45301]CI45301A.;17',USER='CHE109867',CD='25-MAR-2018;14:06' -->
<A NAME="page_ci45301_1_16"> </A>

<P style="font-family:times;"><FONT SIZE=2><A HREF="#bg45301a_main_toc">Table of Contents</A></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All
existing and future liabilities of our subsidiaries will be effectively senior to the Senior Notes. Since all of our operations are conducted through subsidiaries, our cash flow and
subsequent ability to service debt, including the notes, are dependent on the earnings of our subsidiaries and the distribution of those earnings, or upon loans or other payments of funds by the
subsidiaries, to us. The subsidiaries are separate and distinct legal entities and have no obligation to pay any amount pursuant to the Senior Notes or otherwise, whether by dividends, loans or other
payments. In addition, since our subsidiaries are insurance companies, their ability to pay dividends to us is subject to regulatory limitations. </FONT><FONT SIZE=2><I>See</I></FONT><FONT SIZE=2>
"Business&#151;Regulation" in our Annual Report on Form&nbsp;10-K for the year ended December&nbsp;31, 2017, which is incorporated in this prospectus supplement by reference. </FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Defeasance  </B></FONT></P>


<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The defeasance and covenant defeasance provisions of the indenture described under the caption "Description of Debt
Securities&#151;Defeasance and Covenant Defeasance" in the accompanying prospectus will apply to each series of the Senior Notes. </FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Notices  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We will mail notices and communications to the holder's address shown on the register of the applicable series of the Senior Notes. </FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>



<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Book-Entry Delivery and Form  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each series of the Senior Notes will be issued in the form of one or more fully registered global notes which will be deposited with, or on
behalf of, DTC and registered in the name of the Cede&nbsp;&amp;&nbsp;Co., DTC's nominee. Beneficial interests in the global notes will be represented through book-entry accounts of financial
institutions acting on behalf of beneficial owners as direct and indirect participants in DTC. Investors may elect to hold interests in the global notes through DTC, Clearstream Banking,&nbsp;S.A.
("</FONT><FONT SIZE=2><I>Clearstream</I></FONT><FONT SIZE=2>"), or Euroclear Bank&nbsp;SA/NV ("</FONT><FONT SIZE=2><I>Euroclear</I></FONT><FONT SIZE=2>") if they are participants in those systems,
or indirectly through organizations that are participants in those systems. Clearstream and Euroclear will hold interests on behalf of their participants through customers' securities accounts in
Clearstream's and Euroclear's names on the books of their respective depositaries. Clearstream's and Euroclear's depositaries will hold interests in customers' securities accounts in the depositaries'
names on the books of DTC. Except as set forth below, the global notes
may be transferred, in whole and not in part, only to another nominee of DTC or to a successor of DTC or its nominee. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DTC
has advised us that it is (1)&nbsp;a limited purpose trust company organized under the laws of the State of New York, (2)&nbsp;a "banking organization" within the meaning of the
New York Banking Law, (3)&nbsp;a member of the Federal Reserve System, (4)&nbsp;a "clearing corporation" within the meaning of the Uniform Commercial Code, as amended and (5)&nbsp;a "clearing
agency" registered pursuant to Section&nbsp;17A of the Securities Exchange Act of 1934, as amended (the "</FONT><FONT SIZE=2><I>Exchange Act</I></FONT><FONT SIZE=2>"). DTC was created to hold
securities for its participants and facilitates the clearance and settlement of securities transactions between participants through electronic book-entry changes to the accounts of its participants,
thereby eliminating the need for physical transfer and delivery of certificates. DTC's participants include securities brokers and dealers, including the underwriters, banks and trust companies,
clearing corporations and certain other organizations. Indirect access to DTC's system is also available to other entities such as banks, brokers, dealers and trust companies, referred to as "indirect
participants," that clear through or maintain a custodial relationship with a participant, either directly or indirectly. Investors who are not participants may beneficially own securities held by or
on behalf of DTC only through participants or indirect participants. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>S-16</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=6,SEQ=18,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=709578,FOLIO='S-16',FILE='DISK123:[18ZBA1.18ZBA45301]CI45301A.;17',USER='CHE109867',CD='25-MAR-2018;14:06' -->
<A NAME="page_ci45301_1_17"> </A>

<P style="font-family:times;"><FONT SIZE=2><A HREF="#bg45301a_main_toc">Table of Contents</A></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;According
to DTC, the foregoing information with respect to DTC has been provided to the financial community for informational purposes only and is not intended to serve as a
representation, warranty or contract modification of any kind. We make no representation as to the accuracy or completeness of such information. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clearstream
has advised that it is incorporated under the laws of the Grand Duchy of Luxembourg as a professional depositary. Clearstream holds securities for its participating
organizations ("</FONT><FONT SIZE=2><I>Clearstream participants</I></FONT><FONT SIZE=2>"). Clearstream facilitates the clearance and settlement of securities transactions between Clearstream
participants through electronic book-entry changes in accounts of Clearstream participants, eliminating the need for physical movement of certificates. Clearstream provides to Clearstream
participants, among other things, services for safekeeping, administration, clearance and settlement of internationally traded securities and securities lending and borrowing. Clearstream interfaces
with domestic markets in several countries. As a professional depositary, Clearstream is subject to regulation by the Luxembourg Commission for the Supervision of the Financial Sector (CSSF).
Clearstream participants are recognized financial institutions around the world, including underwriters, securities brokers and dealers, banks, trust companies, clearing corporations and certain other
organizations. Indirect access to Clearstream is also available to others, such as banks, brokers, dealers and trust companies that clear through or maintain a custodial relationship with a
Clearstream participant, either directly or indirectly. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Distributions,
to the extent received by the U.S. Depositary for Clearstream with respect to the Senior Notes held beneficially through Clearstream, will be credited to cash accounts of
Clearstream participants in accordance with its rules and procedures. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Euroclear
has advised that it was created in 1968 to hold securities for its participants ("</FONT><FONT SIZE=2><I>Euroclear participants</I></FONT><FONT SIZE=2>") and to clear and
settle transactions between Euroclear participants through simultaneous electronic book-entry delivery against payment, eliminating the need for physical movement of certificates and eliminating any
risk from lack of simultaneous transfers of securities and cash. Euroclear provides various other services, including securities lending and borrowing and interfaces with domestic markets in several
countries. Euroclear is operated by Euroclear Bank&nbsp;SA/NV (the "</FONT><FONT SIZE=2><I>Euroclear Operator</I></FONT><FONT SIZE=2>"), under contract with Euroclear Clearance Systems S.C., a
Belgian cooperative corporation (the "</FONT><FONT SIZE=2><I>Cooperative</I></FONT><FONT SIZE=2>"). All operations are conducted by the Euroclear Operator, and all Euroclear securities clearance
accounts and Euroclear cash accounts are accounts with the Euroclear Operator not the Cooperative. The Cooperative establishes policy for Euroclear on behalf of Euroclear participants. Euroclear
participants include banks (including central banks), securities brokers and dealers and other professional financial intermediaries and may include the underwriters. Indirect access to Euroclear is
also available to other firms that clear through or maintain a custodial relationship with a Euroclear participant, either directly or indirectly. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Euroclear Operator has advised us that it is licensed by the Belgian Banking and Finance Commission to carry out banking activities on a global basis. As a Belgian bank, it is
regulated and examined by the Belgian Banking Commission. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Securities
clearance accounts and cash accounts with the Euroclear Operator are governed by the Terms and Conditions Governing Use of Euroclear and the related Operating Procedures of
the Euroclear System, and applicable Belgian law (collectively, the "</FONT><FONT SIZE=2><I>Terms and Conditions</I></FONT><FONT SIZE=2>"). The Terms and Conditions govern transfers of securities and
cash within Euroclear, withdrawals of securities and cash from Euroclear, and receipts of payments with respect to securities in Euroclear. All securities in Euroclear are held on a fungible basis
without attribution of specific certificates to specific securities clearance accounts. The Euroclear Operator acts under the Terms and Conditions only on behalf of Euroclear participants, and has no
record of or relationship with persons holding through Euroclear participants. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>S-17</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=7,SEQ=19,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=853628,FOLIO='S-17',FILE='DISK123:[18ZBA1.18ZBA45301]CI45301A.;17',USER='CHE109867',CD='25-MAR-2018;14:06' -->
<A NAME="page_ci45301_1_18"> </A>


<P style="font-family:times;"><FONT SIZE=2><A HREF="#bg45301a_main_toc">Table of Contents</A></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Distributions,
to the extent received by the U.S. Depositary for Euroclear, with respect to Senior Notes held beneficially through Euroclear will be credited to the cash accounts of
Euroclear participants in accordance with the Terms and Conditions. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
(1)&nbsp;we notify the trustee in writing that DTC, Euroclear or Clearstream is no longer willing or able to act as a depositary or clearing system for the Senior Notes or DTC
ceases to be registered as a clearing agency under the Exchange Act, and a successor depositary or clearing system is not appointed within 90&nbsp;days of this notice or cessation, (2)&nbsp;we, at
our option, notify the trustee in writing that we elect to cause the issuance of the Senior Notes in definitive form under the indenture or (3)&nbsp;upon the occurrence and continuation of an event
of default under the indenture with respect to the Senior Notes, then, upon surrender by DTC of the global notes, certificated notes will be issued to each person that DTC identifies as the beneficial
owner of the Senior Notes represented by the global notes. Upon any such issuance, the trustee is required to register the certificated notes in the name of the person or persons or the nominee of any
of these persons and cause the same to be delivered to these persons. Neither we nor the trustee shall be liable for any delay by DTC or any participant or indirect participant in identifying the
beneficial owners of the related Senior Notes and each such person may conclusively rely on, and shall be protected in relying on, instructions from DTC for all purposes, including with respect to the
registration and delivery, and the respective principal amounts, of the Senior Notes to be issued. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title
to book-entry interests in the global notes will pass by book-entry registration of the transfer within the records of DTC, Clearstream or Euroclear in accordance with their
respective procedures. Book-entry interests in the global notes may be transferred within DTC in accordance with procedures established for this purpose by DTC. Book-entry interests in the Senior
Notes may be transferred within Euroclear and within Clearstream and between Euroclear and Clearstream in accordance with procedures established for these purposes by Euroclear and Clearstream.
Transfers of book-entry interests in the Senior Notes between Euroclear and Clearstream and DTC may be effected in accordance with procedures established for this purpose by Euroclear, Clearstream and
DTC. </FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Global Clearance and Settlement Procedures  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cross-market transfers between the participants in DTC, on the one hand, and Euroclear or Clearstream participants, on the other hand, will be
effected through DTC in accordance with DTC's rules on behalf of Euroclear or Clearstream, as the case may be, by its respective depositary; however, such cross-market transactions will require
delivery of instructions to Euroclear or Clearstream, as the case may be, by the counterparty in the system in accordance with the rules and procedures and within the established deadlines (Brussels
time) of the system. Euroclear or Clearstream, as the case may be, will, if the transaction meets its settlement requirements, deliver instructions to its respective depositary to take action to
effect final settlement on its behalf by delivering or receiving interests in the relevant global notes in DTC, and making or receiving payment in accordance with normal procedures for same-day funds
settlement applicable to DTC. Euroclear participants and Clearstream participants may not deliver instructions directly to the depositaries for Euroclear or Clearstream. </FONT></P>


<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Because
of time-zone differences, credits of Senior Notes received in Clearstream or Euroclear as a result of a transaction with a DTC participant will be made during subsequent notes
settlement processing and dated the business day following the DTC settlement date. Credits or any transactions
of the type described above settled during subsequent notes settlement processing will be reported to the relevant Euroclear or Clearstream participants on the business day that the processing occurs.
Cash received in Clearstream or Euroclear as a result of sales of the Senior Notes by or through a Clearstream participant or a Euroclear participant to a DTC participant will be received with value
on the DTC settlement date but will be available in the relevant Clearstream or Euroclear cash account only as of the business day following settlement in DTC. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>S-18</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=8,SEQ=20,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=886520,FOLIO='S-18',FILE='DISK123:[18ZBA1.18ZBA45301]CI45301A.;17',USER='CHE109867',CD='25-MAR-2018;14:06' -->
<A NAME="page_ci45301_1_19"> </A>

<P style="font-family:times;"><FONT SIZE=2><A HREF="#bg45301a_main_toc">Table of Contents</A></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Although
DTC, Clearstream and Euroclear have agreed to the foregoing procedures in order to facilitate transfers of the Senior Notes among participants of DTC, Clearstream and Euroclear,
they are under no obligation to perform or continue to perform these procedures. The foregoing procedures may be changed or discontinued at any time. Neither we nor the trustee will have any
responsibility for the performance by DTC, Euroclear or Clearstream or their respective participants or indirect participants of their respective obligations under the rules and procedures governing
their operations. </FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


The Trustee  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Bank National Association (successor in interest to State Street Bank and Trust Company) is the trustee under the Indenture. The trustee
and its affiliates also perform certain commercial and investment banking services for us for which they receive customary fees. The trustee will be the paying agent and transfer agent for each series
of the Senior Notes. </FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


The Calculation Agent  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Bank of New York Mellon Trust Company,&nbsp;N.A. is the calculation agent for the Senior Notes. The calculation agent and its affiliates
also perform certain commercial and investment banking services for us for which they receive customary fees. </FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Governing Law  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Indenture and the Senior Notes will be governed by, and construed in accordance with, the laws of the State of New York, without regard to
its principles of conflicts of laws. </FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Miscellaneous  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We or our affiliates may from time to time purchase Senior Notes of any series that are then outstanding by tender, in the open market or by
private agreement. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>S-19</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=9,SEQ=21,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=947327,FOLIO='S-19',FILE='DISK123:[18ZBA1.18ZBA45301]CI45301A.;17',USER='CHE109867',CD='25-MAR-2018;14:06' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:times;"><FONT SIZE=2><A
NAME="page_ck45301_1_20"> </A>

<!-- COMMAND=ADD_BASECOLOR,"#000000" -->




<!-- COMMAND=ADD_DEFAULTFONT,"font-family:times;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->





<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->




<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


</FONT></P>

<!-- TOC_END -->

<P style="font-family:times;"><FONT SIZE=2><A HREF="#bg45301a_main_toc">Table of Contents</A> </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="ck45301_certain_material_united_states__cer02603"> </A>
<A NAME="toc_ck45301_1"> </A>
<BR></FONT><FONT SIZE=2><B>  CERTAIN MATERIAL UNITED STATES FEDERAL INCOME TAX CONSIDERATIONS    <BR>    </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following discussion summarizes certain material U.S. federal income tax considerations to United States holders and non-United States
holders (each as defined below) of the purchase, ownership and disposition of the Senior Notes. It is included herein for general information only and does not address all tax considerations that may
be relevant to investors in light of their personal investment circumstances or that may be relevant to certain types of investors subject to special rules (for example, financial institutions,
tax-exempt organizations, insurance companies, regulated investment companies, real estate investment trusts, retirement plans, persons subject to the Medicare contribution tax, persons that are
broker-dealers, traders in securities who elect the mark to market method of accounting for their securities, United States holders that have a functional currency other than the U.S. dollar, certain
former U.S. citizens or long-term residents, investors in partnerships or other pass-through entities or persons holding the Senior Notes as part of a "straddle," "hedge," "conversion transaction" or
other integrated transaction). The discussion set forth below is limited to initial investors who hold the Senior Notes as capital assets within the meaning of Section&nbsp;1221 of the Internal
Revenue Code of 1986, as amended (the "</FONT><FONT SIZE=2><I>Code</I></FONT><FONT SIZE=2>") and who purchase the Senior Notes for cash
at the initial "issue price" (</FONT><FONT SIZE=2><I>i.e</I></FONT><FONT SIZE=2>., the first price to the public, excluding bond houses, brokers or similar persons or organizations acting in the
capacity of underwriters, placement agents or wholesalers, at which a substantial amount of the Senior Notes is sold for money). This discussion does not address the consequences to holders subject to
special tax accounting rules under Section&nbsp;451(b) of the Code. In addition, this discussion does not address the effect of federal alternative minimum tax, gift or estate tax laws, or any
state, local or foreign tax laws. Furthermore, the discussion below is based upon provisions of the Code, the legislative history thereof, U.S. Treasury regulations thereunder and administrative
rulings and judicial decisions thereunder as of the date hereof. Such authorities may be repealed, revoked or modified (including changes in effective dates, and possibly with retroactive effect) so
as to result in U.S. federal income tax considerations different from those discussed below. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;For
purposes of the following discussion, a "</FONT><FONT SIZE=2><I>United States holder</I></FONT><FONT SIZE=2>" means a beneficial owner of the Senior Notes that is for U.S. federal
income tax purposes:</FONT></P>

<UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> an individual citizen or resident of the United States; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> a corporation (or other entity treated as a corporation for U.S. federal income tax purposes) created or organized in or under the laws of the
United States, any state thereof or the District of Columbia; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> an estate, the income of which is subject to U.S. federal income tax regardless of source; or </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> a trust, if (a)&nbsp;a court within the United States is able to exercise primary supervision over administration of the trust and one or
more United States persons have authority to control all substantial decisions of the trust or (b)&nbsp;it has a valid election in effect under applicable U.S. Treasury regulations to be treated as
a domestic trust. </FONT></DD></DL>
</UL>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;For
purposes of the following discussion, a "</FONT><FONT SIZE=2><I>Non-United States Holder</I></FONT><FONT SIZE=2>" means a beneficial owner of the Senior Notes (other than a
partnership or an entity or arrangement classified as a partnership for U.S. federal income tax purposes) that is not a United States holder for U.S. federal income tax purposes. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
a partnership or an entity treated as a partnership for U.S. federal income tax purposes owns any of the Senior Notes, the tax treatment of a partner or an equity interest owner of
such other entity will generally depend upon the status of the person and the activities of the person and the partnership or other entity treated as a partnership. Partnerships and other entities
treated as partnerships for U.S. federal income tax purposes, and partners or other equity interest owners in such entities should consult their own tax advisors. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>S-20</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=22,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=786761,FOLIO='S-20',FILE='DISK123:[18ZBA1.18ZBA45301]CK45301A.;18',USER='CHE109859',CD='24-MAR-2018;19:12' -->
<A NAME="page_ck45301_1_21"> </A>


<P style="font-family:times;"><FONT SIZE=2><A HREF="#bg45301a_main_toc">Table of Contents</A></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT
SIZE=2><B>THIS DISCUSSION OF U.S. FEDERAL INCOME TAX CONSIDERATIONS IS NOT INTENDED, AND SHOULD NOT BE CONSTRUED, TO BE TAX OR LEGAL ADVICE TO ANY PARTICULAR INVESTOR IN OR
HOLDER OF THE SENIOR NOTES. PROSPECTIVE INVESTORS ARE ADVISED TO CONSULT THEIR OWN TAX ADVISORS CONCERNING THE APPLICATION OF THE U.S. FEDERAL INCOME TAX LAWS TO THEIR PARTICULAR SITUATIONS AS WELL AS
ANY TAX CONSIDERATIONS ARISING UNDER THE LAWS OF ANY STATE, LOCAL OR FOREIGN TAXING JURISDICTION OR ANY APPLICABLE TAX TREATIES, AND THE POSSIBLE EFFECT OF CHANGES IN APPLICABLE TAX
LAW.</B></FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


United States Holder  </B></FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B><I>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Payments of Interest  </I></B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We expect, and this discussion assumes, that the Senior Notes will not be issued with more than a </FONT><FONT SIZE=2><I>de
minimis</I></FONT><FONT SIZE=2> amount of original issue discount, if any. As such, payments of stated interest on the Senior Notes generally will be taxable to a United States holder as ordinary
interest income at the time such payments are received or accrued in accordance with the United States holder's method of accounting for U.S. federal income tax purposes. </FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B><I>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Sale, Redemption or Other Taxable Disposition of the Senior Notes  </I></B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Upon the sale, redemption or other taxable disposition of Senior Notes, a United States holder generally will recognize capital gain or loss
equal to the difference between (1)&nbsp;the amount realized on such disposition and (2)&nbsp;such holder's adjusted tax basis in the Senior Notes. A holder's adjusted tax basis in the Senior
Notes generally will equal the amount paid for the Senior Notes less any principal payments received by such holder. Gain or loss recognized by a United States holder in respect of the disposition
generally will be capital gain or loss, and will be long-term capital gain or loss if the United States holder has held the Senior Notes for more than one year at the time of such disposition. A
United States holder that is an individual may be entitled to preferential treatment for net long-term capital gains. The ability of a United States holder to offset capital losses against ordinary
income is limited. Notwithstanding the foregoing, any amounts realized in connection with a sale, redemption or other taxable disposition with respect to accrued interest not previously includible in
income will be treated as ordinary interest income. </FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B><I>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Information Reporting and Backup Withholding Tax  </I></B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payments of interest made by us on, or the proceeds of the sale or other disposition of, the Senior Notes will be subject to information
reporting to the Internal Revenue Service (the "</FONT><FONT SIZE=2><I>IRS</I></FONT><FONT SIZE=2>") on IRS Form&nbsp;1099 unless the United States holder is an exempt recipient such as certain
corporations and may be subject to U.S. federal backup withholding tax, currently at a rate of 24%, if the recipient of the payment fails to supply an accurate taxpayer identification number on IRS
Form&nbsp;W-9 or otherwise fails to comply with applicable U.S. information reporting or certification requirements. Backup withholding does not represent an additional income tax. Any amount
withheld under the backup withholding rules will be reported on IRS Form&nbsp;1099 and is allowable as a credit against the holder's U.S. federal income tax and may entitle the United States holder
to a refund, provided that the required information is timely furnished to the IRS. </FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Non-United States Holders  </B></FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B><I>



<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Payments of Interest  </I></B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Subject to the discussion of backup withholding and FATCA (as defined below) withholding below, payments of interest on the Senior Notes to a
non-United States holder generally will not be subject to U.S. federal income or withholding tax; </FONT><FONT SIZE=2><I>provided</I></FONT><FONT SIZE=2> that (1)&nbsp;the non-United States holder
does not </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>S-21</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=2,SEQ=23,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=562573,FOLIO='S-21',FILE='DISK123:[18ZBA1.18ZBA45301]CK45301A.;18',USER='CHE109859',CD='24-MAR-2018;19:12' -->
<A NAME="page_ck45301_1_22"> </A>

<P style="font-family:times;"><FONT SIZE=2><A HREF="#bg45301a_main_toc">Table of Contents</A></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>actually
or constructively own 10% or more of the total combined voting power of all classes of our stock entitled to vote, (2)&nbsp;the non-United States holder is not (a)&nbsp;a controlled
foreign corporation that is related to us through actual or deemed stock ownership or (b)&nbsp;a bank receiving interest on an extension of credit made pursuant to a loan agreement entered into in
the ordinary course of business, (3)&nbsp;such interest is not effectively connected with the conduct by the non-United States holder of a trade or business within the United States and
(4)&nbsp;the non-United States holder either (a)&nbsp;provides its name and address on an IRS Form&nbsp;W-8BEN or W-8BEN-E (or other applicable form) and certifies, under penalties of perjury,
that it is not a U.S. person as defined under the Code or (b)&nbsp;holds the Senior Notes through certain foreign intermediaries and the intermediary and the non-United States holder satisfy the
certification or documentation requirements of applicable U.S. Treasury regulations. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
a non-United States holder cannot satisfy the requirements in the preceding paragraph, payments of interest made to such non-United States holder will be subject to U.S. federal
withholding tax, currently at a rate of 30%, unless such non-United States holder timely provides the withholding agent with a properly executed IRS Form&nbsp;W-8 claiming an exemption from
withholding or a reduction in the U.S. federal withholding tax rate. If interest on the Senior Notes is effectively connected with the conduct by a non-United States holder of a trade or business
within the United States (and, if certain tax treaties apply, is attributable to a U.S. permanent establishment maintained by the non-United States holder), such interest will be subject to U.S.
federal income tax on a net income basis at the rate applicable to U.S. persons generally (and, with respect to corporate holders, may also be subject to a branch profits tax). If interest is subject
to U.S. federal income tax on a net income basis in accordance with these rules, such payments will not be subject to U.S. federal withholding tax so long as the relevant non-United States holder
timely provides the withholding agent with the appropriate documentation. </FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B><I>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Sale, Redemption or Other Taxable Disposition of the Senior Notes  </I></B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Subject to the discussion of backup withholding and FATCA withholding below, any gain realized by a non-United States holder on the sale,
redemption or other taxable disposition of the Senior Notes generally will not be subject to U.S. federal income tax, unless (1)&nbsp;such gain is effectively connected with the conduct by such
non-United States holder of a trade or business within the United States (and, if certain tax treaties apply, is attributable to a U.S. permanent establishment maintained by the non-United States
holder), in which case such gain will be taxed on a net income basis in the same manner as interest that is effectively connected with the non-United States holder's conduct of a trade or business
within the United States (and a non-United States holder that is treated as a corporation for U.S. federal income tax purposes may also, under certain circumstances, be subject to the branch profits
tax as described above) or (2)&nbsp;the non-United States holder is an individual who is present in the United States for 183&nbsp;days or more in the taxable year of disposition and certain other
conditions are satisfied, in which case the non-United States holder will be subject to a tax, currently at a rate of 30% (unless reduced by treaty), on the excess, if any, of such gain plus all other
U.S source capital gains recognized during the same taxable year over the non-United States holder's U.S. source capital losses recognized during such taxable year. </FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B><I>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Information Reporting and Backup Withholding Tax  </I></B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Generally, the amount of interest paid on the Senior Notes and the amount of tax, if any, withheld with respect to those payments must be
reported to the IRS and to non-United States holders. Copies of the information returns reporting such interest payments and any withholding may also be made available to the tax authorities in the
country in which a non-United States holder resides under the provisions of an applicable income tax treaty. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
general, a non-United States holder will not be subject to backup withholding with respect to interest payments on the Senior Notes provided that the payor does not have actual
knowledge or </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>S-22</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=3,SEQ=24,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=545501,FOLIO='S-22',FILE='DISK123:[18ZBA1.18ZBA45301]CK45301A.;18',USER='CHE109859',CD='24-MAR-2018;19:12' -->
<A NAME="page_ck45301_1_23"> </A>

<P style="font-family:times;"><FONT SIZE=2><A HREF="#bg45301a_main_toc">Table of Contents</A></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>reason
to know that the non-United States holder is a U.S. person as defined under the Code, and such holder has provided the certification described above under heading "&#151;Non-United
States Holders&#151;Payments of Interest." Information reporting and, depending on the
circumstances, backup withholding will apply to the proceeds of a sale (including retirement or redemption) of the Senior Notes within the United States or conducted through certain United
States-related persons, unless the non-United States holder certifies under penalty of perjury that such holder is a non-United States holder (and the payor does not have actual knowledge or reason to
know that such holder is a U.S. person as defined under the Code) or another exemption is otherwise established. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any
amounts withheld under the backup withholding rules will be allowed as a refund or a credit against a non-United States holder's U.S. federal income tax liability provided the
required information is furnished in a timely manner to the IRS. </FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>



<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Additional Withholding Requirements  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Under certain circumstances, the Foreign Account Tax Compliance Act ("</FONT><FONT SIZE=2><I>FATCA</I></FONT><FONT SIZE=2>") will impose a
withholding tax of 30% on (i)&nbsp;certain payments of U.S. source interest, and, (ii)&nbsp;beginning on January&nbsp;1, 2019, the gross proceeds receivable from the sale or disposition of
certain assets that give rise to U.S. source dividend or interest payments, including the Senior Notes. In general, no FATCA withholding will be required with respect to the Senior Notes to the extent
that a Non-United States Holder provides to us the documentation described above in "Non-United States Holders&#151;Payments of Interest" certifying such holder's FATCA compliance. Prospective
investors are urged to consult their own tax advisors regarding the possible implications of FATCA with respect to the Senior Notes. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>S-23</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=4,SEQ=25,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=695981,FOLIO='S-23',FILE='DISK123:[18ZBA1.18ZBA45301]CK45301A.;18',USER='CHE109859',CD='24-MAR-2018;19:12' -->
<A NAME="page_ck45301_1_24"> </A>

<P style="font-family:times;"><FONT SIZE=2><A HREF="#bg45301a_main_toc">Table of Contents</A></FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="ck45301_underwriting"> </A>
<A NAME="toc_ck45301_2"> </A>
<BR></FONT><FONT SIZE=2><B>  UNDERWRITING    <BR>    </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Merrill Lynch, Pierce, Fenner&nbsp;&amp; Smith Incorporated, J.P. Morgan Securities&nbsp;LLC, Morgan Stanley&nbsp;&amp;&nbsp;Co.&nbsp;LLC and
Wells Fargo Securities,&nbsp;LLC are acting as representatives of each of the underwriters named below for the offering of the Senior Notes. Subject to the terms and conditions of the underwriting
agreement dated the date of this prospectus supplement, the underwriters have
severally agreed to purchase from us, and we have agreed to sell to the underwriters, the respective principal amount of each series of Senior Notes listed opposite their names in the table below: </FONT></P>
 <div style="display:none;*display:block;margin-top:-1pt;"></div>

 <DIV style="padding:0pt;position:relative;width:80%;margin-left:10%;">
 <!-- COMMAND=ADD_TABLEWIDTH,"100%" -->

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE width="100%"  BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="" style="font-family:times;"></TD>
<TD WIDTH="12pt" style="font-family:times;"></TD>
<TD WIDTH="7pt" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="84pt" style="font-family:times;"></TD>
<TD WIDTH="12pt" style="font-family:times;"></TD>
<TD WIDTH="7pt" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="84pt" style="font-family:times;"></TD>
<TD WIDTH="12pt" style="font-family:times;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="BOTTOM">
<TH ALIGN="LEFT" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT><BR></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Principal<BR>
Amount of<BR>
2021 Senior Notes </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Principal<BR>
Amount of<BR>
2023 Senior Notes </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="BOTTOM">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Merrill Lynch, Pierce, Fenner&nbsp;&amp; Smith<BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Incorporated</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>
<!-- -->
$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>
<!-- -->
$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="BOTTOM">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>J.P. Morgan Securities&nbsp;LLC</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="BOTTOM">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Morgan Stanley&nbsp;&amp;&nbsp;Co.&nbsp;LLC</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="BOTTOM">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Wells Fargo Securities,&nbsp;LLC</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR bgcolor="#FFFFFF"  VALIGN="BOTTOM">
<TD style="line-height:0pt;font-size:1.5pt;font-family:times;"><FONT SIZE=2>


<!-- COMMAND=ADD_ROWSHADECOLOR,"#FFFFFF" -->




<!-- COMMAND=ADD_GUTTERGRID,"line-height:0pt;font-size:1.5pt;" -->


 </font>&#8203;<font></FONT></TD>
<TD style="line-height:0pt;font-size:1.5pt;font-family:times;"><FONT SIZE=2></font>&#8203;<font></FONT></TD>
<TD style="line-height:0pt;font-size:1.5pt;font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=2></font>&#8203;


<!-- COMMAND=ADD_GRID,"border-bottom:solid #000000 1.0pt;" -->


 <font></FONT></TD>
<TD ALIGN="RIGHT" style="line-height:0pt;font-size:1.5pt;font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=2></font>&#8203;



<!-- COMMAND=ADD_GRID,"border-bottom:solid #000000 1.0pt;" -->


 </TD>
<TD style="line-height:0pt;font-size:1.5pt;font-family:times;"><FONT SIZE=2></font>&#8203;<font></FONT></TD>
<TD style="line-height:0pt;font-size:1.5pt;font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=2></font>&#8203;


<!-- COMMAND=ADD_GRID,"border-bottom:solid #000000 1.0pt;" -->


 <font></FONT></TD>
<TD ALIGN="RIGHT" style="line-height:0pt;font-size:1.5pt;font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=2></font>&#8203;


<!-- COMMAND=ADD_GRID,"border-bottom:solid #000000 1.0pt;" -->


 <font></FONT></TD>
<TD style="line-height:0pt;font-size:1.5pt;font-family:times;"><FONT SIZE=2></font>&#8203;<font></FONT></TD>
</TR>

<TR BGCOLOR="#CCEEFF" VALIGN="BOTTOM">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT
SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="BOTTOM">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Total</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>
<!-- -->
$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT
SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>
<!-- -->
$</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT
SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR bgcolor="#FFFFFF"  VALIGN="BOTTOM">
<TD style="line-height:0pt;font-size:1.5pt;font-family:times;"><FONT SIZE=2>


<!-- COMMAND=ADD_ROWSHADECOLOR,"#FFFFFF" -->




<!-- COMMAND=ADD_GUTTERGRID,"line-height:0pt;font-size:1.5pt;" -->


 </font>&#8203;<font></FONT></TD>
<TD style="line-height:0pt;font-size:1.5pt;font-family:times;"><FONT SIZE=2></font>&#8203;<font></FONT></TD>
<TD style="line-height:0pt;font-size:1.5pt;font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=2></font>&#8203;


<!-- COMMAND=ADD_GRID,"border-bottom:solid #000000 1.0pt;" -->


 <font></FONT></TD>
<TD ALIGN="RIGHT" style="line-height:0pt;font-size:1.5pt;font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=2></font>&#8203;



<!-- COMMAND=ADD_GRID,"border-bottom:solid #000000 1.0pt;" -->


 </TD>
<TD style="line-height:0pt;font-size:1.5pt;font-family:times;"><FONT SIZE=2></font>&#8203;<font></FONT></TD>
<TD style="line-height:0pt;font-size:1.5pt;font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=2></font>&#8203;


<!-- COMMAND=ADD_GRID,"border-bottom:solid #000000 1.0pt;" -->


 <font></FONT></TD>
<TD ALIGN="RIGHT" style="line-height:0pt;font-size:1.5pt;font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=2></font>&#8203;


<!-- COMMAND=ADD_GRID,"border-bottom:solid #000000 1.0pt;" -->


 <font></FONT></TD>
<TD style="line-height:0pt;font-size:1.5pt;font-family:times;"><FONT SIZE=2></font>&#8203;<font></FONT></TD>
</TR>

</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->
 </DIV>
 <P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
underwriters are committed to take and pay for all of the Senior Notes of each series being offered, if any are taken. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
representatives have advised us that the underwriters propose initially to offer the Senior Notes of each series to the public at the public offering price set forth on the cover
page of this prospectus supplement and to dealers at that price less a concession not in excess of (i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;% of the principal amount per 2021 Senior Note and
(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;% of the principal amount per 2023 Senior Note. The underwriters may allow, and the dealers may reallow, a discount not in excess of (i)
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;% of the
principal amount per 2021 Senior Note and (ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;% of the principal amount per 2023 Senior Note to other dealers. If all the Senior Notes of any series are not sold at the
initial
offering price, the underwriters may change the offering price and the other selling terms. The offering of the Senior Notes by the underwriters is subject to receipt and acceptance and subject to the
underwriters right to reject any order in whole or in part. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
will pay an underwriting discount of (i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;% of the principal amount per 2021 Senior Note and (ii)
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;% of the principal amount per 2023 Senior
Note, and a total underwriting discount for the Senior Notes of $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
estimate that our total expenses for this offering will be approximately $1,000,000 (excluding the underwriting discount). </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
have agreed to indemnify the several underwriters against certain liabilities, including liabilities under the Securities Act of 1933, as amended (the
"</FONT><FONT SIZE=2><I>Securities Act</I></FONT><FONT SIZE=2>"), or to contribute to payments the underwriters may be required to make because of any of those liabilities. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;None
of the Senior Notes will be listed on any securities exchange. Currently there is no public trading market for any of the Senior Notes. We have been advised by the underwriters that
the underwriters currently intend to make a market in the Senior Notes of each series but are not obligated to do so and may discontinue market making at any time without notice. No assurance can be
given as to the liquidity of, or the trading markets for, the Senior Notes. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
connection with the offering, the underwriters may purchase and sell Senior Notes in the open market. These transactions may include short sales, stabilizing transactions and
purchases to cover positions created by short sales. Short sales involve the sale by the underwriters of a greater principal amount of a series of the Senior Notes than they are required to purchase
in the offering. Stabilizing </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>S-24</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=5,SEQ=26,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=168414,FOLIO='S-24',FILE='DISK123:[18ZBA1.18ZBA45301]CK45301A.;18',USER='CHE109859',CD='24-MAR-2018;19:12' -->
<A NAME="page_ck45301_1_25"> </A>

<P style="font-family:times;"><FONT SIZE=2><A HREF="#bg45301a_main_toc">Table of Contents</A></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>transactions
consist of certain bids or purchases made for the purpose of preventing or retarding a decline in the market price of the applicable series of the Senior Notes while the offering is in
progress. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
underwriters also may impose a penalty bid. This occurs when a particular underwriter repays to the underwriters a portion of the underwriting discount received by it because the
representatives have repurchased Senior Notes of a series sold by or for the account of such underwriter in stabilizing or short covering transactions. </FONT></P>


<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;These
activities by the underwriters, as well as other purchases by the underwriters for their own accounts, may stabilize, maintain or otherwise affect the market price of a series of
the Senior Notes. As a result, the price of any series of the Senior Notes may be higher than the price that otherwise might exist in the open market. If these activities are commenced, they may be
discontinued by the underwriters at any time. These transactions may be effected in the over-the-counter market or otherwise. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
have agreed in the underwriting agreement that during the period beginning on the date of this prospectus supplement and continuing to, and including, the latter of (i)&nbsp;the
termination of trading restrictions for the Senior Notes, as notified to us by the representatives or their counsel and (ii)&nbsp;the time of delivery for the Senior Notes, we will not, without the
prior written consent of the representatives, offer, sell, contract to sell or otherwise dispose of any securities which are substantially similar to the Senior Notes. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
underwriters and their respective affiliates are full service financial institutions engaged in various activities, which may include sales and trading, commercial and investment
banking, advisory, investment management, investment research, principal investment, hedging, market making, brokerage and other financial and non-financial activities and services. Certain of the
underwriters and their affiliates have, from time to time, performed, and may in the future perform, various financial advisory and commercial and investment banking services for us and our
subsidiaries, for which they received or will receive customary fees and expenses. Certain of the underwriters or their affiliates act as agents and/or lenders under our credit agreement. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
addition, in the ordinary course of their business activities, the underwriters and their respective affiliates may make or hold a broad array of investments, including acting as
counterparties to certain derivative and hedging arrangements, and actively trade debt and equity securities (or related derivative securities) and financial instruments (including bank loans) for
their own account and for the accounts of their customers. Such investments and securities activities may involve securities and/or instruments of ours or our affiliates. If any of the underwriters or
their affiliates have a lending relationship with us, certain of those underwriters or their affiliates routinely hedge, and certain other of those underwriters or their affiliates may hedge, their
credit exposure to us consistent with their customary risk management policies. Typically, these underwriters and their affiliates would hedge such exposure by entering into transactions which consist
of either the purchase of credit default swaps or the creation of short positions in our securities, including potentially any series of the Senior Notes offered hereby. Any such credit default swaps
or short positions could adversely affect future trading prices of such series of the Senior Notes offered under this prospectus supplement. The underwriters and their respective affiliates may also
make investment recommendations and/or publish or express independent research views in respect of such securities or financial instruments and may, at any time, hold, or recommend to clients that
they acquire, long and/or short positions in such securities and instruments. </FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Conflicts of Interest  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Certain of the underwriters or their affiliates may receive a portion of the net proceeds of this offering to the extent that they hold any of
our 6.75% Senior Debentures due May&nbsp;15, 2018 and the net proceeds are used to retire such debentures. Such payments may constitute a "conflict of interest" </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>S-25</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=6,SEQ=27,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=691431,FOLIO='S-25',FILE='DISK123:[18ZBA1.18ZBA45301]CK45301A.;18',USER='CHE109859',CD='24-MAR-2018;19:12' -->
<A NAME="page_ck45301_1_26"> </A>

<P style="font-family:times;"><FONT SIZE=2><A HREF="#bg45301a_main_toc">Table of Contents</A></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>under
Rule&nbsp;5121 of FINRA. Consequently, this offering will be conducted in accordance with the requirements of FINRA Rule&nbsp;5121. </FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Alternative Settlement Cycle  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;It is expected that delivery of the Senior Notes will be made against payment therefor on or about March&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;, 2018, which is
the third business day following the date hereof (such
settlement cycle being referred to as "</FONT><FONT SIZE=2><I>T+3</I></FONT><FONT SIZE=2>"). Pursuant to Rule&nbsp;15c6-1 under the Exchange Act, trades in the secondary market generally are
required to settle in two business days unless the parties to any such trade expressly agree otherwise. Accordingly, purchasers who wish to trade the Senior Notes on the date of pricing will be
required, by virtue of the fact that the Senior Notes initially will settle in T+3, to specify an alternative settlement cycle at the time of any such trade to prevent failed settlement. Purchasers of
the Senior Notes who wish to trade such Senior Notes on the date of pricing should consult their own advisors. </FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Notice to Prospective Investors in Canada  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Senior Notes may be sold only to purchasers purchasing, or deemed to be purchasing, as principal that are accredited investors, as defined
in National Instrument&nbsp;45-106 Prospectus Exemptions or subsection&nbsp;73.3(1) of the Securities Act (Ontario), and are permitted clients, as defined in National Instrument&nbsp;31-103
Registration Requirements, Exemptions and Ongoing Registrant Obligations. Any resale of the Senior Notes must be made in accordance with an exemption from, or in a transaction not subject to, the
prospectus requirements of applicable securities laws. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Securities
legislation in certain provinces or territories of Canada may provide a purchaser with remedies for rescission or damages if this prospectus supplement (including any
amendment thereto) contains a misrepresentation, provided that the remedies for rescission or damages are exercised by the purchaser within the time limit prescribed by the securities legislation of
the purchaser's province or territory. The purchaser should refer to any applicable provisions of the securities legislation of the purchaser's province or territory for particulars of these rights or
consult with a legal advisor. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant
to section&nbsp;3A.3 of National Instrument&nbsp;33-105 Underwriting Conflicts ("</FONT><FONT SIZE=2><I>NI&nbsp;33-105</I></FONT><FONT SIZE=2>"), the underwriters are not
required to comply with the disclosure requirements of NI&nbsp;33-105 regarding underwriter conflicts of interest in connection with this offering. </FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Notice to Prospective Investors in the European Economic Area  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Senior Notes are not intended to be offered, sold or otherwise made available to and should not be offered, sold or otherwise made available
to any retail investor in the European Economic Area ("</FONT><FONT SIZE=2><I>EEA</I></FONT><FONT SIZE=2>"). For these purposes, a retail investor means a person who is one (or more) of: (i)&nbsp;a
retail client as defined in point (11)&nbsp;of Article&nbsp;4(1) of Directive&nbsp;2014/65/EU (as amended, "</FONT><FONT SIZE=2><I>MiFID II</I></FONT><FONT SIZE=2>"); or (ii)&nbsp;a customer
within the meaning of Directive&nbsp;2002/92/EC (as amended, the "</FONT><FONT SIZE=2><I>Insurance Mediation Directive</I></FONT><FONT SIZE=2>"), where that customer would not qualify as a
professional client as
defined in point (10)&nbsp;of Article&nbsp;4(1) of MiFID II; or (iii)&nbsp;not a qualified investor as defined in Directive&nbsp;2003/71/EC (as amended, the "</FONT><FONT SIZE=2><I>Prospectus
Directive</I></FONT><FONT SIZE=2>"). Consequently no key information document required by Regulation (EU) No&nbsp;1286/2014 (as amended, the "</FONT><FONT SIZE=2><I>PRIIPs
Regulation</I></FONT><FONT SIZE=2>") for offering or selling the Senior Notes or otherwise making them available to retail investors in the EEA has been prepared and therefore offering or selling the
Senior Notes or otherwise making them available to any retail investor in the EEA may be unlawful under the PRIIPs Regulation. This prospectus supplement and the accompanying prospectus have been
prepared on the basis that any offer of Senior Notes in any Member State of the EEA will be made pursuant to an exemption under the Prospectus Directive from the requirement to publish a prospectus
for offers of Senior Notes. This prospectus supplement and the accompanying prospectus are not a prospectus for the purposes of the Prospectus Directive. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>S-26</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=7,SEQ=28,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=273162,FOLIO='S-26',FILE='DISK123:[18ZBA1.18ZBA45301]CK45301A.;18',USER='CHE109859',CD='24-MAR-2018;19:12' -->
<A NAME="page_ck45301_1_27"> </A>

<P style="font-family:times;"><FONT SIZE=2><A HREF="#bg45301a_main_toc">Table of Contents</A></FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Notice to Prospective Investors in the United Kingdom  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In addition, in the United Kingdom, this prospectus supplement and the accompanying prospectus are being distributed only to, and is directed
only at, and any offer subsequently made may only be directed at persons who are "qualified investors" (as defined in the Prospectus Directive) (i)&nbsp;who have professional experience in matters
relating to investments falling within Article&nbsp;19 (5)&nbsp;of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the
"</FONT><FONT SIZE=2><I>Order</I></FONT><FONT SIZE=2>") and/or (ii)&nbsp;who are high net worth companies (or persons to whom it may otherwise be lawfully communicated) falling within
Article&nbsp;49(2)(a) to (d)&nbsp;of the Order (all such persons together being referred to as "</FONT><FONT SIZE=2><I>relevant persons</I></FONT><FONT SIZE=2>"). This prospectus supplement and
the accompanying prospectus must not be acted on or relied on in the United Kingdom by persons who are not relevant persons. In the United Kingdom, any investment or investment activity to which this
prospectus supplement and the accompanying prospectus relate is only available to, and will be engaged in with, relevant persons. </FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Notice to Prospective Investors in Hong Kong  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Senior Notes may not be offered or sold by means of any document other than (i)&nbsp;in circumstances which do not constitute an offer to
the public within the meaning of the Companies Ordinance (Cap.&nbsp;32, Laws of Hong Kong), or (ii)&nbsp;to "professional investors" within the meaning of the Securities and Futures Ordinance
(Cap.&nbsp;571, Laws of Hong Kong) and any rules made
thereunder, or (iii)&nbsp;in other circumstances which do not result in the document being a "prospectus" within the meaning of the Companies Ordinance (Cap.&nbsp;32, Laws of Hong Kong), and no
advertisement, invitation or document relating to the Senior Notes may be issued or may be in the possession of any person for the purpose of issue (in each case whether in Hong Kong or elsewhere),
which is directed at, or the contents of which are likely to be accessed or read by, the public in Hong Kong (except if permitted to do so under the laws of Hong Kong) other than with respect to
Senior Notes which are or are intended to be disposed of only to persons outside Hong Kong or only to "professional investors" within the meaning of the Securities and Futures Ordinance
(Cap.&nbsp;571, Laws of Hong Kong) and any rules made thereunder. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
contents of this prospectus supplement and the accompanying prospectus have not been reviewed by any regulatory authority in Hong Kong. You are advised to exercise caution in
relation to the offering of the Senior Notes. If you are in any doubt about any of the contents of this document, you should obtain independent professional advice. </FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Notice to Prospective Investors in Japan  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Senior Notes have not been and will not be registered under the Financial Instruments and Exchange Law of Japan (the Law No.&nbsp;25 of
1948, as amended, the "</FONT><FONT SIZE=2><I>FIEL</I></FONT><FONT SIZE=2>") and each underwriter has agreed that it will not offer or sell any of the Senior Notes, directly or indirectly, in Japan
or to, or for the benefit of, any resident of Japan (which term as used herein means any person resident in Japan, including any corporation or other entity organized under the laws of Japan), or to
others for re-offering or resale, directly or indirectly, in Japan or to a resident of Japan, except pursuant to an exemption from the registration requirements of, and otherwise in compliance with,
the FIEL and any other applicable laws, regulations and ministerial guidelines of Japan. </FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Notice to Prospective Investors in Singapore  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This prospectus supplement and the accompanying prospectus have not been registered as a prospectus with the Monetary Authority of Singapore.
Accordingly, this prospectus supplement, the accompanying prospectus and any other document or material in connection with the offer or sale, or invitation for subscription or purchase, of the Senior
Notes may not be circulated or distributed, nor may the Senior Notes be offered or sold, or be made the subject of an invitation for subscription or </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>S-27</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=8,SEQ=29,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=332878,FOLIO='S-27',FILE='DISK123:[18ZBA1.18ZBA45301]CK45301A.;18',USER='CHE109859',CD='24-MAR-2018;19:12' -->
<A NAME="page_ck45301_1_28"> </A>

<P style="font-family:times;"><FONT SIZE=2><A HREF="#bg45301a_main_toc">Table of Contents</A></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>purchase,
whether directly or indirectly, to persons in Singapore other than (i)&nbsp;to an institutional investor (as defined in Section&nbsp;4A of the Securities and Futures Act,
Chapter&nbsp;289 of Singapore (the "</FONT><FONT SIZE=2><I>SFA</I></FONT><FONT SIZE=2>")) under Section&nbsp;274 of the SFA, (ii)&nbsp;to a relevant person (as defined in Section&nbsp;275(2)
of the SFA) pursuant to Section&nbsp;275(1A) of the SFA, or any person pursuant to Section&nbsp;275(1A) of the SFA, and in accordance with the conditions, specified in Section&nbsp;275 of the
SFA or (iii)&nbsp;otherwise pursuant to, and in accordance with the conditions of, any other applicable provision of the SFA, in each case subject to conditions set forth in the SFA. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Where
the Senior Notes are subscribed or purchased under Section&nbsp;275 of the SFA by a relevant person which is a corporation (which is not an accredited investor (as defined in
Section&nbsp;4A of the SFA)) the sole business of which is to hold investments and the entire share capital of which is owned by one or more individuals, each of whom is an accredited investor, the
securities (as defined in Section&nbsp;239(1) of the SFA) of that corporation shall not be transferable for 6&nbsp;months after that corporation has acquired the Senior Notes under
Section&nbsp;275 of the SFA except: (1)&nbsp;to an institutional investor under Section&nbsp;274 of the SFA or to a relevant person (as defined in Section&nbsp;275(2) of the SFA),
(2)&nbsp;where such transfer arises from an offer in that corporation's securities pursuant to Section&nbsp;275(1A) of the SFA, (3)&nbsp;where no consideration is or will be given for the
transfer, (4)&nbsp;where the transfer is by operation of law, (5)&nbsp;as specified in Section&nbsp;276(7) of the SFA, or (6)&nbsp;as specified in Regulation&nbsp;32 of the Securities and
Futures (Offers of Investments) (Shares and Debentures) Regulations&nbsp;2005 of Singapore ("</FONT><FONT SIZE=2><I>Regulation&nbsp;32</I></FONT><FONT SIZE=2>"). </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Where
the Senior Notes are subscribed or purchased under Section&nbsp;275 of the SFA by a relevant person which is a trust (where the trustee is not an accredited investor (as defined
in Section&nbsp;4A of the SFA)) whose sole purpose is to hold investments and each beneficiary of the trust is an accredited investor, the beneficiaries' rights and interest (howsoever described) in
that trust shall not be transferable for 6&nbsp;months after that trust has acquired the Senior Notes under Section&nbsp;275 of the SFA except: (1)&nbsp;to an institutional investor under
Section&nbsp;274 of the SFA or to a relevant person (as defined in Section&nbsp;275(2) of the SFA), (2)&nbsp;where such transfer arises from an offer that is made on terms that such rights or
interest are acquired at consideration of not less than $200,000 (or its equivalent in a foreign currency) for each transaction (whether such amount is to be paid for in cash or by exchange of
securities or other assets), (3)&nbsp;where no consideration is or will be given for the transfer, (4)&nbsp;where the transfer is by operation of law, (5)&nbsp;as specified in
Section&nbsp;276(7) of the SFA, or (6)&nbsp;as specified in Regulation&nbsp;32. </FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Notice to Prospective Investors in Taiwan  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Senior Notes have not been and will not be registered with the Financial Supervisory Commission of Taiwan, the Republic of China
("</FONT><FONT SIZE=2><I>Taiwan</I></FONT><FONT SIZE=2>"), pursuant to relevant securities laws and regulations and may not be offered or sold in Taiwan through a public offering or in any manner
which would constitute an offer within the meaning of the Securities and Exchange Act of
Taiwan or would otherwise require registration with or the approval of the Financial Supervisory Commission of Taiwan. No person or entity in Taiwan has been authorized to offer or sell the Senior
Notes in Taiwan. </FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Notice to Prospective Investors in Korea  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Senior Notes have not been and will not be registered under the Financial Investment Services and Capital Markets Act of Korea and none of
the Senior Notes may be offered or sold, directly or indirectly, in Korea or to any resident of Korea, or to any persons for reoffering or resale, directly or indirectly, in Korea or to, or for the
account or benefit of, any resident of Korea (as such term is defined in the Foreign Exchange Transaction Law of Korea and rules and regulations promulgated thereunder), except as otherwise permitted
under applicable laws and regulations. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>S-28</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=9,SEQ=30,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=392010,FOLIO='S-28',FILE='DISK123:[18ZBA1.18ZBA45301]CK45301A.;18',USER='CHE109859',CD='24-MAR-2018;19:12' -->
<A NAME="page_ck45301_1_29"> </A>

<P style="font-family:times;"><FONT SIZE=2><A HREF="#bg45301a_main_toc">Table of Contents</A></FONT></P>


<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Notice to Prospective Investors in Switzerland  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Senior Notes may not be publicly offered in Switzerland and will not be listed on the SIX Swiss Exchange
("</FONT><FONT SIZE=2><I>SIX</I></FONT><FONT SIZE=2>") or on any other stock exchange or regulated trading facility in Switzerland. This prospectus supplement and the accompanying prospectus do not
constitute a prospectus within the meaning of, and have been prepared without regard to, the disclosure standards for issuance prospectuses under art. 652a or art. 1156 of the Swiss Code of
Obligations or the disclosure standards for listing prospectuses under art. 27 ff. of the SIX Listing Rules or the listing rules of any other stock exchange or a regulated trading facility in
Switzerland. Neither this prospectus supplement, the accompanying prospectus or any other offering or marketing material relating to the Senior Notes or the offering may be publicly distributed or
otherwise made publicly available in Switzerland. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Neither
this prospectus supplement, the accompanying prospectus nor any other offering or marketing material relating to the offering, us or the Senior Notes has been or will be filed
with or approved by any Swiss regulatory authority. In particular, this prospectus supplement and the accompanying prospectus will not be filed with, and the offer of Senior Notes will not be
supervised by, the Swiss Financial Market Supervisory Authority, and the offer of Senior Notes has not been and will not be
authorized under the Swiss Federal Act on Collective Investment Schemes (the "</FONT><FONT SIZE=2><I>CISA</I></FONT><FONT SIZE=2>"). The investor protection afforded to acquirers of interests in
collective investment schemes under the CISA does not extend to acquirers of the Senior Notes. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>S-29</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=10,SEQ=31,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=906389,FOLIO='S-29',FILE='DISK123:[18ZBA1.18ZBA45301]CK45301A.;18',USER='CHE109859',CD='24-MAR-2018;19:12' -->
<A NAME="page_ck45301_1_30"> </A>

<P style="font-family:times;"><FONT SIZE=2><A HREF="#bg45301a_main_toc">Table of Contents</A></FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="ck45301_where_you_can_find_more_information"> </A>
<A NAME="toc_ck45301_3"> </A>
<BR></FONT><FONT SIZE=2><B>  WHERE YOU CAN FIND MORE INFORMATION    <BR>    </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We are subject to the informational requirements of the Exchange Act. Accordingly, we file annual, quarterly and current reports, proxy
statements and other information with the SEC. You may review a copy of those reports, statements or other information at the SEC's public reference room, which is located at Room&nbsp;1580,
100&nbsp;F&nbsp;Street, N.E., Washington, D.C.&nbsp;20549. You can also request copies of such documents, upon payment of a duplicating fee, by writing to the SEC's public reference room. Please
call the SEC at 1-800-SEC-0330 for further information on the public reference room. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;These
SEC filings are also available to the public from commercial document retrieval services and at the internet site maintained by the SEC at www.sec.gov. Reports, proxy statements
and other information concerning us may also be inspected at the offices of the New York Stock Exchange at 20&nbsp;Broad Street, New York, New York&nbsp;10005. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
SEC allows us to "incorporate by reference" information into this prospectus supplement and the accompanying prospectus, which means that we can disclose important information to you
by referring you to other documents filed separately with the SEC. The information incorporated by reference is considered to be part of this prospectus supplement and the accompanying prospectus.
This prospectus supplement incorporates by reference the documents set forth below that we have previously filed with the SEC (File No.&nbsp;001-11840). These documents contain important business
and financial information about us that is not included in or delivered with this prospectus supplement and the accompanying prospectus. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="ck45301_the_allstate_corporation_filings"> </A>
<A NAME="toc_ck45301_4"> </A>
<BR></FONT><FONT SIZE=2><B>  THE ALLSTATE CORPORATION FILINGS    <BR>    </B></FONT></P>

<UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> Our Annual Report on Form&nbsp;10-K for the fiscal year ended December&nbsp;31, 2017, filed February&nbsp;26, 2018; </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> Those portions of our Definitive Proxy Statement on Schedule&nbsp;14A for our 2017 Annual Meeting of Stockholders, filed on April&nbsp;12,
2017, that are incorporated by reference into Part&nbsp;III of our Annual Report on Form&nbsp;10-K for the year ended December&nbsp;31, 2016, filed February&nbsp;17, 2017; and </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> Our Current Report on Form&nbsp;8-K dated January&nbsp;3, 2018, filed January&nbsp;4, 2018. </FONT></DD></DL>
</UL>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
are also incorporating by reference all other documents subsequently filed by us pursuant to Sections&nbsp;13(a), 13(c), 14 or 15(d) of the Exchange Act, prior to the termination of
this offering of the Senior Notes. Any information contained in or incorporated by reference in this prospectus supplement and the accompanying prospectus will be deemed to be modified or superseded
to the extent that information contained in any subsequently filed document that is also incorporated by reference in this prospectus supplement and the accompanying prospectus modifies or supersedes
that information. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;You
can request a free copy of any or all of these documents, other than the exhibits to those documents, unless those exhibits are specifically incorporated by reference into these
documents, by writing to: Investor Relations, The Allstate Corporation, 2775&nbsp;Sanders Road, Northbrook, Illinois&nbsp;60062-6127, or calling: (800)&nbsp;416-8803. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>S-30</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=11,SEQ=32,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=284186,FOLIO='S-30',FILE='DISK123:[18ZBA1.18ZBA45301]CK45301A.;18',USER='CHE109859',CD='24-MAR-2018;19:12' -->
<A NAME="page_ck45301_1_31"> </A>

<P style="font-family:times;"><FONT SIZE=2><A HREF="#bg45301a_main_toc">Table of Contents</A></FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="ck45301_legal_matters"> </A>
<A NAME="toc_ck45301_5"> </A>
<BR></FONT><FONT SIZE=2><B>  LEGAL MATTERS    <BR>    </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Certain legal matters in connection with the Senior Notes will be passed upon for us by Susan L. Lees, Executive Vice President, General Counsel
and Secretary of The Allstate Corporation, and by Willkie Farr&nbsp;&amp; Gallagher&nbsp;LLP, New York, New York. Certain legal matters will be passed upon for the underwriters by Mayer
Brown&nbsp;LLP, Chicago, Illinois. Willkie Farr&nbsp;&amp; Gallagher&nbsp;LLP has from time to time represented, and continues to represent, certain of the underwriters on other legal matters.
Ms.&nbsp;Lees is a full-time employee of Allstate Insurance Company and an officer of The Allstate Corporation and owns less than 1% of its common stock. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><B> <A NAME="v1"></A>EXPERTS  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The consolidated financial statements and the related financial statement schedules, incorporated in this Prospectus Supplement by reference to
The Allstate Corporation's Annual Report on Form&nbsp;10-K for the fiscal year ended December&nbsp;31, 2017, and the effectiveness of The Allstate Corporation's internal control over financial
reporting have been audited by Deloitte&nbsp;&amp; Touche&nbsp;LLP, an independent registered public accounting firm, as stated in their reports which are incorporated herein by reference. Such
consolidated financial statements and financial statement schedules have been so incorporated in reliance upon the reports of such firm given upon their authority as experts in accounting and
auditing. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>S-31</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=12,SEQ=33,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=488828,FOLIO='S-31',FILE='DISK123:[18ZBA1.18ZBA45301]CK45301A.;18',USER='CHE109859',CD='24-MAR-2018;19:12' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:times;"><FONT SIZE=2>

<!-- COMMAND=ADD_BASECOLOR,"#000000" -->




<!-- COMMAND=ADD_DEFAULTFONT,"font-family:times;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->





<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->




<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


</FONT> <FONT SIZE=2><B>PROSPECTUS  </B></FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=5><B>THE ALLSTATE CORPORATION  </B></FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=3><B>Debt Securities<BR>
Common Stock<BR>
Preferred Stock<BR>
Depositary Shares<BR>
Warrants<BR>
Stock Purchase Contracts<BR>
Stock Purchase Units  </B></FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=3><I>

<!-- COMMAND=ADD_LINERULETXT,NOSHADE  COLOR="#000000" SIZE="1.0PT" WIDTH="26%" ALIGN="CENTER" -->
<HR NOSHADE  COLOR="#000000" SIZE="1.0PT" WIDTH="26%" ALIGN="CENTER" >


 </I></FONT><FONT SIZE=3><B>


<!-- COMMAND=ADDING_LINEBREAK -->

<BR>  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=4><B> </b></font></p><div style="display:none;*display:block;margin-top:-1pt;"></div>

 <DIV style="padding:0pt;position:relative;width:100%;margin-left:0%;">
 <P style="font-family:times;"><FONT SIZE=4><B>


<!-- COMMAND=ADD_TABLEWIDTH,"100%" -->


  </B></FONT></P>

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE width="100%"  BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="" style="font-family:times;"></TD>
<TD WIDTH="12pt" style="font-family:times;"></TD>
<TD WIDTH="225pt" style="font-family:times;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=4><B>ALLSTATE FINANCING VII</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=4>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=4><B>ALLSTATE FINANCING IX</B></FONT></TD>
</TR>
<TR VALIGN="TOP">
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=4><B>ALLSTATE FINANCING VIII</B></FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=4>&nbsp;</FONT></TD>
<TD VALIGN="BOTTOM" style="font-family:times;"><FONT SIZE=4><B>ALLSTATE FINANCING X</B></FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD COLSPAN=3 ALIGN="CENTER" style="font-family:times;"><BR><FONT SIZE=3><B> Trust Preferred Securities<BR>
Fully and Unconditionally Guaranteed<BR>
as described in this Prospectus and the<BR>
accompanying prospectus supplement<BR>
by The Allstate Corporation<BR> </B></FONT></TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->
 </DIV>
 <P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><I>

<!-- COMMAND=ADD_LINERULETXT,NOSHADE  COLOR="#000000" SIZE="1.0PT" WIDTH="26%" ALIGN="CENTER" -->
<HR NOSHADE  COLOR="#000000" SIZE="1.0PT" WIDTH="26%" ALIGN="CENTER" >


  </I></FONT><FONT SIZE=2>

<!-- COMMAND=ADDING_LINEBREAK -->

<BR></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;By
this prospectus, we, in conjunction with our trusts, may offer from time to time any combination of the securities described in this prospectus. </FONT></P>


<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
will provide the specific terms of these securities in supplements to this prospectus. We can only use this prospectus to offer and sell any specific security by also including a
prospectus supplement for that security. You should read this prospectus and the prospectus supplements carefully before you invest. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unless
stated otherwise in this prospectus or the applicable prospectus supplement, these securities will not be listed on any securities exchange. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT
SIZE=3><B>Investing in our securities or the securities of our trusts involves risks. </B></FONT><FONT SIZE=3><B><I>See</I></B></FONT><FONT SIZE=3><B> "Risk Factors" on
page&nbsp;2 of this prospectus.</B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT SIZE=2><B>Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these
securities or passed upon the accuracy or adequacy of this prospectus. Any representation to the contrary is a criminal offense.</B></FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><I>

<!-- COMMAND=ADD_LINERULETXT,NOSHADE  COLOR="#000000" SIZE="1.0PT" WIDTH="26%" ALIGN="CENTER" -->
<HR NOSHADE  COLOR="#000000" SIZE="1.0PT" WIDTH="26%" ALIGN="CENTER" >


 </I></FONT><FONT SIZE=2>

<!-- COMMAND=ADDING_LINEBREAK -->

<BR></FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><B>The date of this prospectus is April&nbsp;30, 2015  </B></FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=34,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=575602,FOLIO='blank',FILE='DISK123:[18ZBA1.18ZBA45301]DA45301A.;5',USER='CHE108062',CD='23-MAR-2018;16:07' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:times;"><FONT SIZE=2><A
NAME="page_dc45301_1_1"> </A>

<!-- COMMAND=ADD_BASECOLOR,"#000000" -->




<!-- COMMAND=ADD_DEFAULTFONT,"font-family:times;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->





<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->




<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


</FONT></P>

<!-- TOC_END -->
<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="dc45301_table_of_contents"> </A>
<A NAME="toc_dc45301_1"> </A>
<BR></FONT><FONT SIZE=2><B>  TABLE OF CONTENTS    <BR>    </B></FONT></P>
 <div style="display:none;*display:block;margin-top:-1pt;"></div>

 <DIV style="padding:0pt;position:relative;width:80%;margin-left:10%;">
 <!-- COMMAND=ADD_TABLEWIDTH,"100%" -->

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE width="100%"  BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="" style="font-family:times;"></TD>
<TD WIDTH="12pt" style="font-family:times;"></TD>
<TD WIDTH="7pt" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="25pt" style="font-family:times;"></TD>
<TD WIDTH="12pt" style="font-family:times;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="BOTTOM">
<TH ALIGN="LEFT" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT><BR></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Page </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
</TR>
<TR VALIGN="BOTTOM">
<TD VALIGN="TOP" style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>ABOUT THIS PROSPECTUS</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>ii</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD VALIGN="TOP" style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>THE ALLSTATE CORPORATION</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>1</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD VALIGN="TOP" style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>THE TRUSTS</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>1</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD VALIGN="TOP" style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>RATIOS OF EARNINGS TO FIXED CHARGES AND EARNINGS TO FIXED CHARGES AND PREFERRED STOCK DIVIDENDS</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>2</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD VALIGN="TOP" style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>RISK FACTORS</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>2</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD VALIGN="TOP" style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>USE OF PROCEEDS</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>2</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD VALIGN="TOP" style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>DESCRIPTION OF DEBT SECURITIES</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>3</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD VALIGN="TOP" style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>DESCRIPTION OF CAPITAL STOCK</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>16</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD VALIGN="TOP" style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>DESCRIPTION OF DEPOSITARY SHARES</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>21</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD VALIGN="TOP" style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>DESCRIPTION OF WARRANTS</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>23</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD VALIGN="TOP" style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>DESCRIPTION OF STOCK PURCHASE CONTRACTS AND STOCK PURCHASE UNITS</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>25</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD VALIGN="TOP" style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>DESCRIPTION OF TRUST PREFERRED SECURITIES</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>26</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD VALIGN="TOP" style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>DESCRIPTION OF PREFERRED SECURITIES GUARANTEES</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>28</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD VALIGN="TOP" style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>PLAN OF DISTRIBUTION</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>31</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD VALIGN="TOP" style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>WHERE YOU CAN FIND MORE INFORMATION</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>33</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD VALIGN="TOP" style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>THE ALLSTATE CORPORATION FILINGS</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>34</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD VALIGN="TOP" style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>34</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD VALIGN="TOP" style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>LEGAL OPINIONS</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>34</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD VALIGN="TOP" style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>EXPERTS</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>34</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN="BOTTOM">
<TD VALIGN="TOP" style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>ERISA MATTERS</FONT></TD>
<TD VALIGN="TOP" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>35</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->
 </DIV>
 <P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>i</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=35,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=701300,FOLIO='i',FILE='DISK123:[18ZBA1.18ZBA45301]DC45301A.;5',USER='CHE108062',CD='23-MAR-2018;16:07' -->
<A NAME="page_dc45301_1_2"> </A>
<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="dc45301_about_this_prospectus"> </A>
<A NAME="toc_dc45301_2"> </A>
<BR></FONT><FONT SIZE=2><B>  ABOUT THIS PROSPECTUS    <BR>    </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This prospectus is part of a registration statement that we and Allstate Financing VII, Allstate Financing VIII, Allstate Financing IX and
Allstate Financing X, which we refer to as the trusts, have filed with the Securities and Exchange Commission using a "shelf" registration process. Under this shelf process, we and the trusts may sell
the securities described in the prospectus from time to time. This prospectus provides you with a general description of the securities we and the trusts may offer. We and the trusts may also add,
update or change information contained in this prospectus through one or more supplements to this prospectus. You should read both this prospectus and any prospectus supplement together with
additional information described under the heading "Where You Can Find More Information." </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No
person has been authorized to give any information or to make any representations, other than those contained or incorporated by reference in this prospectus and, if given or made,
such information or representation must not be relied upon as having been authorized by The Allstate Corporation or the trusts, or any underwriter, agent, dealer or remarketing firm. Neither the
delivery of this prospectus nor any sale made hereunder shall under any circumstances create any implication that there has been no change in the affairs of The Allstate Corporation since the date
hereof or that the information contained or incorporated by reference herein is correct as of any time subsequent to the date of such information. This prospectus does not constitute an offer to sell
or a solicitation of an offer to buy any securities by anyone in any jurisdiction in which such offer or solicitation is not authorized or in which the person making such offer or solicitation is not
qualified to do so or to any person to whom it is unlawful to make such offer or solicitation. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;References
to "Allstate," "we," "us" and "our" in this prospectus are references to The Allstate Corporation, and not to any of our subsidiaries, unless we state otherwise or the context
otherwise requires. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>ii</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=2,SEQ=36,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=901068,FOLIO='ii',FILE='DISK123:[18ZBA1.18ZBA45301]DC45301A.;5',USER='CHE108062',CD='23-MAR-2018;16:07' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:times;"><FONT SIZE=2><A
NAME="page_de45301_1_1"> </A>

<!-- COMMAND=ADD_BASECOLOR,"#000000" -->




<!-- COMMAND=ADD_DEFAULTFONT,"font-family:times;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->





<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->




<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


</FONT></P>

<!-- TOC_END -->
<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="de45301_the_allstate_corporation"> </A>
<A NAME="toc_de45301_1"> </A>
<BR></FONT><FONT SIZE=2><B>  THE ALLSTATE CORPORATION    <BR>    </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Allstate Corporation is a holding company that conducts its business principally through Allstate Insurance Company
("</FONT><FONT SIZE=2><I>AIC</I></FONT><FONT SIZE=2>"), Allstate Life Insurance Company and other subsidiaries (collectively, including The Allstate Corporation,
"</FONT><FONT SIZE=2><I>Allstate</I></FONT><FONT SIZE=2>"). Allstate is primarily engaged in the property-liability insurance and life insurance business. Allstate is the largest publicly held
personal lines insurer in the United States and the second largest personal property and casualty insurer in the United States on the basis of 2013 statutory direct premiums earned, according
to&nbsp;A.M. Best. In addition, according to&nbsp;A.M. Best, it is the nation's 16th&nbsp;largest issuer of life insurance business on the basis of 2013 ordinary life insurance in force and
29th&nbsp;largest on the basis of 2013 statutory admitted assets. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Our
main business segments include Allstate Protection and Allstate Financial. Allstate Protection principally sells private passenger auto and homeowners insurance through agencies and
directly through contact centers and the internet. These products are underwritten under the Allstate&reg;, Esurance&reg; and Encompass&reg; brand names. Allstate brand auto
and homeowners insurance products are sold primarily through Allstate exclusive agencies. Esurance brand auto, homeowners, renters and motorcycle insurance products are sold directly to consumers
online, through contact centers and through select agents, including Answer Financial. Encompass brand auto, homeowners, umbrella and other insurance products are distributed through independent
agencies. Allstate Financial provides life insurance and voluntary accident and health insurance products. Allstate Financial sells its products through Allstate exclusive agencies, exclusive
financial specialists and workplace enrolling independent agents. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Allstate Corporation was incorporated in Delaware on November&nbsp;5, 1992. Our executive offices are located at 2775 Sanders Road, Northbrook, Illinois 60062, and at Corporation
Trust Center, 1209 Orange Street, Wilmington, Delaware 19801. Our telephone number is (847)&nbsp;402-5000. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As
a holding company with no significant business operations of our own, we rely on dividends from AIC as the principal source of cash to pay dividends to our stockholders and to meet
our obligations, including the payment of principal and any interest on any notes and our other debt obligations. AIC is regulated as an insurance company in Illinois. The payment of dividends by AIC
is limited by Illinois insurance law to formula amounts based on statutory net income and statutory surplus, as well as the timing and amount of dividends paid in the preceding twelve months. </FONT></P>


<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
laws of other jurisdictions that generally govern our insurance subsidiaries contain similar limitations on the payment of dividends; however, in some jurisdictions the laws may be
somewhat more restrictive. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="de45301_the_trusts"> </A>
<A NAME="toc_de45301_2"> </A>
<BR></FONT><FONT SIZE=2><B>  THE TRUSTS    <BR>    </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The four trusts, Allstate Financing VII, VIII, IX and X, are Delaware statutory trusts formed to raise capital for us by issuing common
securities to us and preferred securities issued under this prospectus and a prospectus supplement, and investing the proceeds in subordinated debt securities issued by us. </FONT></P>


<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
will directly or indirectly own all of the common securities of each of our trust subsidiaries. The common securities will rank equally with, and each trust will make payments on the
common securities in proportion to, the trust preferred securities, except that if an event of default occurs under the trust agreement of one of the trusts, our rights, as holder of the common
securities, to payments will be subordinated to your rights as holder of the trust preferred securities. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
of our trusts has a term of approximately 55&nbsp;years, but may terminate earlier as provided in its trust agreement, each trust agreement being governed by Delaware law. As
holder of the common securities of the trusts, we are entitled to appoint, remove or replace any of, or increase or decrease </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>1</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=37,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=640472,FOLIO='1',FILE='DISK123:[18ZBA1.18ZBA45301]DE45301A.;5',USER='CHE108062',CD='23-MAR-2018;16:07' -->
<A NAME="page_de45301_1_2"> </A>

<P style="font-family:times;"><FONT SIZE=2>the
number of, the trustees of each of our trusts. Each of our trusts' business and affairs will be conducted by the trustees we appoint. The trustees' duties and obligations are governed by the
trusts' trust agreements and applicable law. Prior to the issuance of any trust preferred securities, we will ensure that a majority of the trustees of the applicable trust are persons who are our
employees or officers or affiliates and that one trustee of each trust is a financial institution that will not be an affiliate of ours and that will act as property trustee, guarantee trustee and
indenture trustee for purposes of the Trust Indenture Act of 1939, as amended (the "</FONT><FONT SIZE=2><I>Trust Indenture Act</I></FONT><FONT SIZE=2>"). In addition, unless the property trustee
maintains a principal place of business in the State of Delaware and meets the other requirements of applicable law, one other trustee of each of our trusts will have its principal place of business
or reside in the State of Delaware. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
will pay all of our trusts' fees and expenses, including those relating to any offering of trust preferred securities. In addition, we will guarantee payments on the trust preferred
securities to the extent our trusts can themselves make payments on the trust preferred securities. </FONT></P>


<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
name and office of the Delaware trustee for each trust in the State of Delaware is U.S. Bank Trust National Association, 300 Delaware Avenue, 9th&nbsp;Floor, Wilmington, Delaware
19801. The principal place of business of each trust is 2775 Sanders Road, Northbrook, Illinois 60062. The telephone number of each trust in Northbrook, Illinois is (847)&nbsp;402-5000. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="de45301_ratios_of_earnings_to_fixed_ch__rat03787"> </A>
<A NAME="toc_de45301_3"> </A>
<BR></FONT><FONT SIZE=2><B>  RATIOS OF EARNINGS TO FIXED CHARGES AND EARNINGS<BR>  TO FIXED CHARGES AND PREFERRED STOCK DIVIDENDS    <BR>    </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following table sets forth our ratios of earnings to fixed charges and earnings to fixed charges and preferred stock dividends for the
periods indicated. For purposes of these computations, earnings consist of income from operations before income tax, and fixed charges consist of interest on indebtedness, interest factor of annual
rental expense, and interest credited to contractholder funds. </FONT></P>
 <div style="display:none;*display:block;margin-top:-1pt;"></div>

 <DIV style="padding:0pt;position:relative;width:70%;margin-left:15%;">
 <!-- COMMAND=ADD_TABLEWIDTH,"100%" -->

<!-- User-specified TAGGED TABLE -->
<DIV ALIGN="CENTER"><TABLE width="100%"  BORDER=0 CELLSPACING=0 CELLPADDING=0>
<TR><!-- TABLE COLUMN WIDTHS SET -->
<TD WIDTH="" style="font-family:times;"></TD>
<TD WIDTH="12pt" style="font-family:times;"></TD>
<TD WIDTH="7pt" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="30pt" style="font-family:times;"></TD>
<TD WIDTH="12pt" style="font-family:times;"></TD>
<TD WIDTH="7pt" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="30pt" style="font-family:times;"></TD>
<TD WIDTH="12pt" style="font-family:times;"></TD>
<TD WIDTH="7pt" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="30pt" style="font-family:times;"></TD>
<TD WIDTH="12pt" style="font-family:times;"></TD>
<TD WIDTH="7pt" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="30pt" style="font-family:times;"></TD>
<TD WIDTH="12pt" style="font-family:times;"></TD>
<TD WIDTH="7pt" ALIGN="RIGHT" style="font-family:times;"></TD>
<TD WIDTH="30pt" style="font-family:times;"></TD>
<TD WIDTH="12pt" style="font-family:times;"></TD>
<!-- TABLE COLUMN WIDTHS END --></TR>

<TR VALIGN="BOTTOM">
<TH ALIGN="LEFT" style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT><BR></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=14 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>Year ended December&nbsp;31, </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
</TR>
<TR VALIGN="BOTTOM">
<TH ALIGN="LEFT" style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT><BR></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>2014 </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>2013 </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>2012 </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>2011 </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
<TH COLSPAN=2 ALIGN="CENTER" style="font-family:times;border-bottom:solid #000000 1.0pt;"><FONT SIZE=1><B>2010 </B></FONT></TH>
<TH style="font-family:times;"><FONT SIZE=1>&nbsp;</FONT></TH>
</TR>
<TR BGCOLOR="#CCEEFF" VALIGN="BOTTOM">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Ratio of Earnings to Fixed Charges</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>4.4X</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>3.0X</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>2.9X</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>1.5X</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>1.5X</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR BGCOLOR="White" VALIGN="BOTTOM">
<TD style="font-family:times;"><p style="font-family:times;margin-left:10pt;text-indent:-10pt;"><FONT SIZE=2> </FONT><FONT SIZE=2>Ratio of Earnings to Fixed Charges and Preferred Stock Dividends</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>4.1X</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>3.0X</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>2.9X</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>1.5X</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="RIGHT" style="font-family:times;"><FONT SIZE=2>1.5X</FONT></TD>
<TD style="font-family:times;"><FONT SIZE=2>&nbsp;</FONT></TD>
</TR>
</TABLE></DIV>
<!-- end of user-specified TAGGED TABLE -->
 </DIV>
 <P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="de45301_risk_factors"> </A>
<A NAME="toc_de45301_4"> </A>
<BR></FONT><FONT SIZE=2><B>  RISK FACTORS    <BR>    </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investing in our securities or the securities of our trusts involves risks. You should carefully consider the risks described in our filings
with the Securities and Exchange Commission referred to below in "Where You Can Find More Information" as well as those included in any prospectus supplement hereto. For example, our Annual Report on
Form&nbsp;10-K for the year ended December&nbsp;31, 2014 contains a discussion of significant risks under the caption "Risk Factors" which could be relevant to your investment in the securities.
Our subsequent filings with the Securities and Exchange Commission may contain amended and updated discussions of significant risks. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="de45301_use_of_proceeds"> </A>
<A NAME="toc_de45301_5"> </A>
<BR></FONT><FONT SIZE=2><B>  USE OF PROCEEDS    <BR>    </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unless we specify otherwise in the applicable prospectus supplement accompanying this prospectus, we will use the net proceeds from the sale of
the securities for general corporate purposes. Each trust will invest all proceeds received from the sale of its trust preferred securities in a particular series of subordinated debt securities to be
issued by us. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>2</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=2,SEQ=38,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=932242,FOLIO='2',FILE='DISK123:[18ZBA1.18ZBA45301]DE45301A.;5',USER='CHE108062',CD='23-MAR-2018;16:07' -->
<A NAME="page_de45301_1_3"> </A>
<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="de45301_description_of_debt_securities"> </A>
<A NAME="toc_de45301_6"> </A>
<BR></FONT><FONT SIZE=2><B>  DESCRIPTION OF DEBT SECURITIES    <BR>    </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following description of the debt securities and terms of the indentures is a summary. It summarizes only those aspects of the debt
securities and those portions of the indentures which we believe will be most important to your decision to invest in our debt securities. You should keep in mind, however, that it is the indentures,
and not this summary, which define your rights as a debtholder. There may be other provisions in the indentures which are also important to you. You should read the indentures for a full description
of the terms of the debt. The senior indenture and the subordinated indenture are filed as exhibits to the Registration Statement that includes this prospectus. </FONT> <FONT SIZE=2><I>See</I></FONT><FONT SIZE=2> "Where You Can Find More Information"
for information on how to obtain copies of the senior indenture and the subordinated indenture. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
debt securities may be issued from time to time in one or more series. The particular terms of the debt securities offered by any prospectus supplement and the extent to which the
general provisions described below may apply to such debt securities will be outlined in the applicable prospectus supplement. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
will issue the senior debt securities under a Senior Indenture, entered into between Allstate and U.S. Bank National Association (as successor in interest to State Street Bank and
Trust Company), as trustee, dated December&nbsp;16, 1997, as amended by a third supplemental indenture dated as of July&nbsp;23, 1999 and as amended by a sixth supplemental indenture dated as of
June&nbsp;12, 2000 and as may be supplemented by one or more additional supplemental indentures. We will issue the subordinated debt securities under a separate Subordinated Indenture, entered into
between Allstate and U.S. Bank National Association (as successor in interest to State Street Bank and Trust Company), as trustee, dated November&nbsp;25, 1996, as amended by a third supplemental
indenture dated as of July&nbsp;23, 1999 and
as amended by a fourth supplemental indenture dated as of June&nbsp;12, 2000 and as may be supplemented by one or more additional supplemental indentures. The Senior Indenture and the Subordinated
Indenture are sometimes referred to collectively as the "</FONT><FONT SIZE=2><I>indentures</I></FONT><FONT SIZE=2>." The trustees under the Senior Indenture and under the Subordinated Indenture are
referred to herein as the "</FONT><FONT SIZE=2><I>indenture trustees</I></FONT><FONT SIZE=2>." </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
addition, as described under "Description of Depositary Shares," we may, at our option, offer depositary shares evidenced by depositary receipts, each representing a fractional
interest in debt securities and deposited with a depositary. The fractional interest in the debt securities which each depositary share represents will be stated in the prospectus supplement relating
to any debt securities offered through depositary shares. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Numerical
references in parentheses below are to sections in the applicable indenture. Wherever we refer to particular sections or defined terms of an indenture, those sections or
defined terms are incorporated by reference in this description as part of the statement made, and the statement is qualified in its entirety by such reference. </FONT></P>


<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


General  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The indentures provide that we may issue debt securities in separate series from time to time in an unlimited amount. We may specify a maximum
aggregate principal amount for the debt securities of any series. (Section&nbsp;301) The debt securities will have terms and provisions that are not inconsistent with the applicable indenture,
including our determination as to maturity, principal and interest. Unless otherwise indicated in a prospectus supplement, the senior debt securities will be our unsecured obligations and will rank in
parity with all other unsecured and unsubordinated indebtedness. The subordinated debt securities will be our unsecured obligations, subordinated in right of payment to the prior payment in full of
all our senior debt as described in the applicable prospectus supplement. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Our
assets consist primarily of the common stock of AIC and other subsidiaries, and we conduct no substantial business or operations of our own. We derive substantially all of our income
from our </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>3</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=3,SEQ=39,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=548669,FOLIO='3',FILE='DISK123:[18ZBA1.18ZBA45301]DE45301A.;5',USER='CHE108062',CD='23-MAR-2018;16:07' -->
<A NAME="page_de45301_1_4"> </A>

<P style="font-family:times;"><FONT SIZE=2>operating
subsidiaries. Accordingly, our cash flows and consequent ability to service our obligations, including our debt securities, are dependent upon the earnings of our subsidiaries, and
distributions of those earnings to us, and other payments or distributions of funds by our subsidiaries to us. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Except
to the extent we or our creditors have a priority or equal claim as a creditor directly against our subsidiaries, payments due on the debt securities and any distribution of
assets of any of our subsidiaries upon liquidation or reorganization effectively will be subordinated to the debt and preferred stock of the subsidiaries because, as the common stockholder of those
subsidiaries, we will be subject to the prior claims of their creditors. Our debt securities effectively will also be subordinated to any of our secured indebtedness to the extent of any such
security. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
subordinated debt securities are issued to a trust in connection with the issuance of trust preferred securities, such subordinated debt securities may thereafter be distributed pro
rata to the holders of such trust securities in connection with the dissolution of such trust upon the occurrence of certain events described in the applicable prospectus supplement. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
will prepare a prospectus supplement for each series of debt securities that we issue. Each prospectus supplement will set forth the applicable terms of the debt securities to which
it relates. These terms will include some or all of the following:</FONT></P>

<UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> the title of the debt securities; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> any limit on the aggregate principal amount of the debt securities or the series of which they are a part; </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> the person to whom any interest on any of the debt securities will be payable, if other than the person in whose name that debt security is
registered at the close of business on the record date for such interest payment; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> the dates on which the principal of any of the debt securities will be payable; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> the rates at which the debt securities will bear interest, the dates from which any interest will accrue, the interest payment dates on which
any interest will be payable and the record date for any such interest payable; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> the places where the principal, interest and premium on any of such debt securities will be payable; </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> the definition of business day; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> the periods within which, the prices at which and the terms on which any debt securities may be redeemed at our option and, if other than by a
resolution by our Board of Directors, the manner in which any election by us to redeem the debt securities will be evidenced; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> any obligation we have to redeem or purchase any of the debt securities out of any sinking fund or, at the option of the holder, the periods
within which, the prices and terms on which any of such debt securities will be redeemed or purchased; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> the denominations in which any of the debt securities will be issuable, if other than denominations of $1,000 and any integral multiple
thereof; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> if the amount of principal, interest or premium on any of the debt securities may be determined with reference to an index or by a formula, the
manner in which such amounts will be determined; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> if other than the currency of the United States, the currency, currencies or currency units in which the principal, interest or premium on any
of the debt securities will be payable; </FONT></DD></DL>
</UL>
<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>4</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=4,SEQ=40,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=1001533,FOLIO='4',FILE='DISK123:[18ZBA1.18ZBA45301]DE45301A.;5',USER='CHE108062',CD='23-MAR-2018;16:07' -->
<A NAME="page_de45301_1_5"> </A>
<UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> if the principal, interest or premium on any of the debt securities is to be payable, at our election or the election of the holder, in one or
more currencies other than those in which the debt securities are stated to be payable, the currencies in which payment of the principal, interest and premium on the debt securities as to which such
election is made will be payable, the periods within which and the terms upon which such election is to be made and the amount so payable; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> if other than the entire principal amount, the portion of the principal amount of debt securities which will be payable upon declaration of
acceleration of the maturity thereof; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> if the principal amount payable at the stated maturity of any of the debt securities is not determinable upon original issuance, the amount
which will be deemed to be the principal amount of the debt securities for any other purpose thereunder or under the applicable indenture including the principal amount thereof which will be due and
payable upon any maturity other than the stated maturity or which will be deemed to be outstanding as of any date (or, in any such case, any manner in which such principal amount is to be determined); </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> any trustee (other than U.S. Bank National Association), depositary, authenticating or paying agent, transfer agent, registrar or other agent
with respect to the debt securities; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> if applicable, the extent to which the debt securities are defeasible, that is, capable of being made void; </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> whether any of the debt securities will be issuable in the form of global securities; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> the terms and conditions of any obligation or right we would have or any option you would have to convert or exchange the debt securities into
other securities or cash; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> any addition to or change in the events of default applicable to any of the debt securities and any change in the right of an indenture trustee
or the holders to declare the principal amount of any debt securities due and payable; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> any addition to or change in the covenants described under "Certain Covenants with Respect to Senior Debt Securities" and "Certain Covenants
with Respect to Subordinated Debt Securities" applicable to any of such debt securities; and </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> any other terms of the debt securities not inconsistent with the provisions of the applicable indenture but which may modify or delete any
provision of the indenture insofar as it applies to such series; provided that no term of any indenture may be modified or deleted if imposed under the Trust Indenture Act and that any modification or
deletion of the rights, duties or immunities of the applicable indenture trustee shall have been consented to in writing by the indenture trustee. </FONT></DD></DL>
</UL>

<P style="font-family:times;"><FONT SIZE=2>(Section&nbsp;301)
</FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Debt
securities, including original issue discount securities, may be sold at a substantial discount below their principal amount. Special United States federal income tax considerations
applicable to debt
securities sold at an original issue discount or which are denominated in a currency or currency unit other than United States dollars will be described in the applicable prospectus supplement. </FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Form, Exchange and Transfer  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The debt securities of a series shall be issued as registered securities, unless a supplemental indenture, as described in the applicable
prospectus supplement, provides that debt securities of a series may be issued as bearer securities (with or without coupons attached) or as both registered securities and bearer securities. Debt
securities may be issuable in the form of global debt securities, as described below under "Global Securities." </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>5</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=5,SEQ=41,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=990474,FOLIO='5',FILE='DISK123:[18ZBA1.18ZBA45301]DE45301A.;5',USER='CHE108062',CD='23-MAR-2018;16:07' -->
<A NAME="page_de45301_1_6"> </A>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Registered
securities of any series will be exchangeable for other registered securities of the same series of any authorized denominations and of a like aggregate principal amount and
tenor. If the supplemental indenture permits debt securities of any series to be issuable as both registered securities and as bearer securities, then at the option of the holder and subject to the
terms of the applicable indenture, bearer securities of such series will be exchangeable for registered securities of the same series of any authorized denominations and of a like aggregate principal
amount and tenor. Unless otherwise indicated in the applicable prospectus supplement, any bearer security surrendered in exchange for a registered security between a record date or a special record
date for defaulted interest and the relevant date for payment of interest will be surrendered without the coupon relating to such date for payment of interest and interest represented by that coupon
will not be payable in respect of the registered security issued in exchange for such bearer security, but will be payable only to the holder of such coupon when due in accordance with the terms of
the applicable indenture. Bearer securities will not be issued in exchange for registered securities. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No
service charge will be made for any registration of transfer or exchange of debt securities, but we may require payment of a sum sufficient to cover any tax or other governmental
charge payable in connection therewith. Such transfer or exchange will be effected upon the security registrar or such transfer agent, as the case may be, being satisfied with the documents of title
and identity of the person making the request. We have appointed the applicable indenture trustee as security registrar. Any transfer agent (in addition to the security registrar) initially designated
by us for any debt securities will be named in the applicable prospectus supplement. (Section&nbsp;305) </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
the event that we redeem in part debt securities of any series, we will not be required to:</FONT></P>

<UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> issue, register the transfer of or exchange any debt security of that series, or of that series and specified tenor, as the case may be, during
a period beginning at the opening of business 15 business days before the day of mailing of a notice of redemption of any such debt security selected for redemption and ending at the close of business
on the day of such mailing; or </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> register the transfer of or exchange any debt security so selected for redemption, in whole or in part, except the unredeemed portion of any
such debt security being redeemed in part. </FONT></DD></DL>
</UL>

<P style="font-family:times;"><FONT SIZE=2>(Section&nbsp;305)
</FONT></P>


<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Global Securities  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The debt securities of any series may be represented by global securities which will have an aggregate principal amount equal to that of the
debt securities they represent. We will deposit the debt securities with, or on behalf of, a depositary identified in the prospectus supplement relating to such series. Each global security will bear
a legend regarding the restrictions on exchanges and registration of transfer as may be provided by the indentures. The depositary shall at all times be a clearing agency registered under the
Securities Exchange Act of 1934, as amended (the "</FONT><FONT SIZE=2><I>Exchange Act</I></FONT><FONT SIZE=2>"). (Section&nbsp;101) </FONT></P>


<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No
global security may be exchanged for debt securities registered, and no transfer of a global security may be registered, in the name of any person other than the depositary for such
global security unless:</FONT></P>

<UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> the depositary has notified us that it is unwilling or unable to continue as depositary for such global security or has ceased to be qualified
to act as such as required by the applicable indenture; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> there shall have occurred and be continuing an event of default with respect to the debt securities represented by such global security; or </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> there shall exist such circumstances as may be described in the applicable prospectus supplement. </FONT></DD></DL>
</UL>
<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>6</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=6,SEQ=42,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=936878,FOLIO='6',FILE='DISK123:[18ZBA1.18ZBA45301]DE45301A.;5',USER='CHE108062',CD='23-MAR-2018;16:07' -->
<UL>
<UL>
</UL>
</UL>
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:times;"><FONT SIZE=2><A
NAME="page_dg45301_1_7"> </A>

<!-- COMMAND=ADD_BASECOLOR,"#000000" -->




<!-- COMMAND=ADD_DEFAULTFONT,"font-family:times;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->





<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->




<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


</FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All
debt securities issued in exchange for a global security or any portion thereof will be registered in such names as the depositary may direct. (Section&nbsp;305) The laws of some
jurisdictions require that certain purchasers of debt securities take physical delivery of such debt securities in definitive form. Such laws may impair the ability to transfer beneficial interests in
a global security. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As
long as the depositary, or its nominee, is the registered holder of a global security, the depositary or such nominee, will be considered the sole owner and holder of such global
security and the debt securities represented by it. Except in the limited circumstances referred to above, owners of beneficial interests in a global security will not be entitled to have such global
security or any debt securities represented thereby registered in their names, will not receive or be entitled to receive physical delivery of certificated debt securities in exchange therefor and
will not be considered to be the owners or holders of such global security or any debt securities represented thereby for any purpose under the debt securities or the applicable indenture. All
payments of principal, interest and premium on a global security will be made to the depositary or its nominee, as its holder. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ownership
of beneficial interests in a global security will be limited to participants or to persons that may hold beneficial interests through institutions that have accounts with the
depositary or its nominee. Ownership of beneficial interests in a global security will be shown only on, and the transfer of those ownership interests will be effected only through, records maintained
by the depositary or any such participant. Payments, transfers, exchanges and other matters relating to beneficial interests in a global security may be subject to various policies and procedures
adopted by the depositary from time to time. Neither Allstate, any indenture trustee or any agent of Allstate or of any indenture trustee will have any responsibility or liability for any aspect of
the depositary or any participant's records relating to, or for payments made on account of, beneficial interests in a global security, or for maintaining, supervising or reviewing any of the
depositary's records or any participant's records relating to such beneficial ownership interests. </FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Payment and Paying Agents  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unless otherwise indicated in the applicable prospectus supplement, payment of interest on a debt security on any interest payment date will be
made to the person in whose name such debt security is registered at the close of business on the record date for such interest, except in the case of defaulted interest. (Section&nbsp;307) </FONT></P>


<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unless
otherwise indicated in the applicable prospectus supplement, principal, interest and premium on the debt securities of a particular series will be payable at the office of such
paying agent or paying agents as we may designate for such purpose from time to time. Notwithstanding, at our option, payment of any interest may be made by check mailed to the address of the person
entitled thereto as such address appears in the security register. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unless
otherwise indicated in the applicable prospectus supplement, a paying agent designated by us and located in the Borough of Manhattan, The City of New York will act as paying agent
for payments with respect to debt securities of each series. All paying agents initially designated by us for the debt securities of a particular series will be named in the applicable prospectus
supplement. We may at any time designate additional paying agents or rescind the designation of any paying agent or approve a change in the office through which any paying agent acts, except that we
will be required to maintain a paying agent in each place of payment for the debt securities of a particular series. (Section&nbsp;1002) </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All
moneys paid by us to a paying agent for the payment of the principal, interest or premium on any debt security which remain unclaimed at the end of two years after such principal,
premium or interest has become due and payable will be repaid to us upon request, and the holder of such debt security thereafter may look only to us for payment thereof. (Section&nbsp;1003) </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>7</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=43,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=796857,FOLIO='7',FILE='DISK123:[18ZBA1.18ZBA45301]DG45301A.;5',USER='CHE108062',CD='23-MAR-2018;16:07' -->
<A NAME="page_dg45301_1_8"> </A>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Conversion or Exchange  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We may convert or exchange the debt securities into our common stock or other securities. If so, we will describe the specific terms on which
the debt securities may be converted or exchanged in the applicable prospectus supplement. The conversion or exchange may be mandatory, at your option, or at our option. The applicable prospectus
supplement will describe the manner in which the shares of our common stock or other securities you would receive would be converted or exchanged. </FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Subordination of Subordinated Debt Securities  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unless otherwise indicated in the prospectus supplement, the following provisions will apply to the subordinated debt securities. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
the extent set forth in the Subordinated Indenture, the subordinated debt securities will be subordinate in right of payment to the prior payment in full of all senior indebtedness.
(Section&nbsp;1401 of the Subordinated Indenture) In the event of an insolvency, the holders of senior indebtedness shall be entitled to receive payment in full of all amounts due or to become due
in respect of all senior indebtedness (or provisions shall be made for such payment in cash) before the holders of subordinated debt securities are entitled to receive any distribution on account of
principal, interest or premium on subordinated debt securities. Consequently, the holders of senior indebtedness shall be entitled to receive all distributions of any kind which may be deliverable in
respect of the subordinated debt securities in any insolvency, including any distribution which may be deliverable by reason of the payment of any of our other indebtedness being subordinated to the
payment of subordinated debt securities. The holders of senior indebtedness shall apply such distributions to the payment of the senior indebtedness. </FONT></P>


<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;"</FONT><FONT
SIZE=2><I>Insolvency</I></FONT><FONT SIZE=2>" means any of the following events:</FONT></P>

<UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> any insolvency or bankruptcy case or proceeding, or any receivership, liquidation, reorganization or other similar case or proceeding, relative
to us or to our creditors, or to our assets; or </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> any liquidation, dissolution or other winding-up of Allstate, whether or not involving insolvency or bankruptcy; or </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> any assignment for the benefit of creditors or any other marshaling of our assets and liabilities. (Section&nbsp;1403 of the Subordinated
Indenture) </FONT></DD></DL>
</UL>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;By
reason of such subordination, in the event of liquidation or insolvency, our creditors may recover less, ratably, than holders of senior debt securities and may recover more, ratably,
than the holders of the subordinated debt securities. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
the event of the acceleration of the maturity of any subordinated debt securities, the holders of all senior debt securities outstanding at the time of such acceleration will first be
entitled to receive payment in full of all amounts due on the senior debt securities before the holders of the subordinated debt securities will be entitled to receive any payment of principal,
interest or premium on the subordinated debt securities. (Section&nbsp;1404 of the Subordinated Indenture) </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No
payment of principal, interest or premium on the subordinated debt securities is permitted if any of our senior indebtedness is not paid when due and any applicable grace period with
respect to such default has ended and such default has not been cured or waived or ceased to exist, or if the maturity of any of our senior indebtedness has been accelerated because of a default.
(Section&nbsp;1402 of the Subordinated Indenture) </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Subordinated Indenture does not limit or prohibit the issuance of additional senior debt securities, which may include indebtedness that is senior to the subordinated debt
securities, but subordinate to our other obligations. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>8</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=2,SEQ=44,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=592042,FOLIO='8',FILE='DISK123:[18ZBA1.18ZBA45301]DG45301A.;5',USER='CHE108062',CD='23-MAR-2018;16:07' -->
<A NAME="page_dg45301_1_9"> </A>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
term "</FONT><FONT SIZE=2><I>Senior Indebtedness</I></FONT><FONT SIZE=2>" means, with respect to Allstate:</FONT></P>

<UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> the principal, interest and premium in respect of our indebtedness for borrowed money and indebtedness evidenced by securities, debentures,
bonds or other similar instruments issued by us; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> all of our capital lease obligations; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> all of our obligations issued or assumed as the deferred purchase price of property, all of our conditional sale obligations and all of our
obligations under any title retention agreement (but excluding trade accounts payable arising in the ordinary course of business); </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> all of our obligations for the reimbursement on any letter of credit, banker's acceptance, security purchase facility or similar credit
transaction; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> all obligations of the types referred to above of other persons for the payment of which we are responsible or liable as obligor, guarantor or
otherwise; and </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> all obligations of the types referred to above of other persons secured by any lien on any of our property or assets whether or not such
obligation is assumed by us, except for: </FONT> <FONT SIZE=2>
<BR><BR></FONT>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> any such indebtedness that is by its terms subordinated to or ranks equal with the subordinated debt securities; and </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> any indebtedness between or among us or our affiliates (including all other debt securities and guarantees in respect of those
debt securities) issued to any of our wholly owned trust subsidiaries or any trust, partnership or other entity affiliated with us that is our financing vehicle in connection with the issuance by such
financing entity of preferred securities unless otherwise expressly provided in the terms of such debt securities. </FONT></DD></DL>
</DD></DL>
</UL>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Such
senior indebtedness shall continue to be senior indebtedness and be entitled to the benefits of the subordination provisions irrespective of any amendment, modification or waiver of
any term of such senior indebtedness. (Sections&nbsp;101 and 1408 of the Subordinated Indenture) </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
prospectus supplement may further describe the provisions applicable to the subordination of the subordinated debt securities of a particular series. </FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Certain Covenants with Respect to Senior Debt Securities  </B></FONT></P>


<P style="font-family:times;"><FONT SIZE=2><I>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Limitation on Liens of Stock of AIC.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;The Senior Indenture prohibits us and our subsidiaries from directly or indirectly creating,
assuming, incurring
or permitting to exist any indebtedness secured by any lien on the capital stock of AIC unless the senior debt securities shall be secured equally and ratably with such indebtedness for at least the
time period such indebtedness is so secured. (Section&nbsp;1008 of the Senior Indenture) </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;"</FONT><FONT
SIZE=2><I>Indebtedness</I></FONT><FONT SIZE=2>" is defined in the Senior Indenture as the principal, premium and interest due on indebtedness of a person, whether
outstanding on the date of such indenture or thereafter created, incurred or assumed, which is indebtedness for borrowed money, and any amendments, renewals, extensions, modifications and refundings
of any such indebtedness. For purposes of this definition, "</FONT><FONT SIZE=2><I>indebtedness for borrowed money</I></FONT><FONT SIZE=2>" means:</FONT></P>

<UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> any obligation of, or any obligation guaranteed by, such person for the repayment of borrowed money, whether or not evidenced by bonds,
debentures, notes or other written instruments; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> any obligation of, or any such obligation guaranteed by, such person evidenced by bonds, debentures, notes or similar written instruments,
including obligations assumed or incurred in connection with the acquisition of property, assets or businesses, provided, however, that the deferred purchase price of any property, assets or business
shall not be considered indebtedness </FONT></DD></DL>
</UL>
<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>9</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=3,SEQ=45,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=537275,FOLIO='9',FILE='DISK123:[18ZBA1.18ZBA45301]DG45301A.;5',USER='CHE108062',CD='23-MAR-2018;16:07' -->
<A NAME="page_dg45301_1_10"> </A>
<UL>
<UL>

<P style="font-family:times;"><FONT SIZE=2>if
the purchase price thereof is payable in full within 90&nbsp;days from the date on which such indebtedness was created; and </FONT></P>

</UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> any obligations of such person as lessee under leases required to be capitalized on the balance sheet of the lessee under generally accepted
accounting principles and leases of property or assets made as part of any sale and lease-back transaction to which such person is a party. </FONT></DD></DL>
</UL>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;For
purposes of this covenant only, indebtedness also includes any obligation of, or any obligation guaranteed by, any person for the payment of amounts due under a swap agreement or
similar instrument or agreement, or under a foreign currency hedge exchange or similar instrument or agreement. (Sections&nbsp;101 and 1008 of the Senior Indenture) </FONT></P>


<P style="font-family:times;"><FONT SIZE=2><I>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Limitations on Disposition of Stock of AIC.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;Subject to limited exceptions, the Senior Indenture provides that as long as any senior debt
securities
are outstanding, we will not issue, sell, transfer or otherwise dispose of any shares of, securities convertible into, or warrants, rights or options to subscribe for or purchase shares of, capital
stock of AIC, other than preferred stock having no voting rights of any kind, and that we will not permit AIC to issue any shares of, or securities convertible into, or warrants, rights or options to
subscribe for or purchase shares of, capital stock of AIC, other than preferred stock having no voting rights of any kind if, after giving effect to any such transaction and the issuances of the
maximum number of shares issuable upon the conversion or exercise of all such convertible securities, warrants, rights or options, we would own, directly or indirectly, less than 80% of the shares
of AIC, other than preferred stock having no voting rights of any kind. The Senior Indenture also requires that any such issuance, sale, transfer or other disposition by AIC must be made for at least
a fair market value consideration, as determined by our Board of Directors in good faith, and that the foregoing shall not prohibit any such issuance or disposition of securities if required by any
law or any regulation or order of any governmental or insurance regulatory authority. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notwithstanding
the foregoing, we may merge or consolidate AIC into or with another direct wholly owned subsidiary and we may, subject to the provisions set forth in "Consolidation,
Merger and Sale of Assets" below, sell, transfer or otherwise dispose of the entire capital stock of AIC at one time for at least a fair market value consideration as determined by our Board of
Directors in good faith. (Section&nbsp;1009 of the Senior Indenture) </FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Certain Covenants with Respect to Subordinated Debt Securities  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If subordinated debt securities are issued to a trust in connection with the issuance of trust securities and there has occurred an event of
default under the applicable trust agreement, we are in default with respect to our payment of any obligations under the related preferred securities guarantee or common securities guarantee or we
have given notice of our election to defer payments of interest on subordinated debt securities by extending the interest payment period as provided in the Subordinated Indenture, then we shall
not:</FONT></P>

<UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> declare or pay any dividend on, make any distributions with respect to, or redeem, purchase or make a liquidation payment with respect to any
of our capital stock; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> make any guarantee payments with respect to our capital stock; or </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> make any payment of principal, interest, or premium on or repay, repurchase or redeem any debt securities (including guarantees) that rank
equal with or junior to such subordinated debt securities. </FONT></DD></DL>
</UL>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;However,
in such circumstances, we may:</FONT></P>

<UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> declare and pay dividends on, or make distributions with respect to, our capital stock payable in our common stock; </FONT></DD></DL>
</UL>
<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>10</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=4,SEQ=46,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=307463,FOLIO='10',FILE='DISK123:[18ZBA1.18ZBA45301]DG45301A.;5',USER='CHE108062',CD='23-MAR-2018;16:07' -->
<A NAME="page_dg45301_1_11"> </A>
<UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> redeem or repurchase any rights, declare a dividend of any rights or issue any security under any rights plan then in effect; </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> purchase or acquire shares of our common stock in order to satisfy our obligations under any employee benefit plan; </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> carry out any reclassification of our capital stock or the exchange or conversion of one class or series of our capital stock for another class
or series of our capital stock; and </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> purchase fractional interests in shares of our capital stock pursuant to the conversion or exchange provisions of such capital stock or the
security being converted or exchanged. </FONT></DD></DL>
</UL>

<P style="font-family:times;"><FONT SIZE=2>(Section&nbsp;1008
of the Subordinated Indenture) </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If
subordinated debt securities are issued to a trust in connection with the issuance of trust securities, for so long as such securities remain outstanding, we covenant
to:</FONT></P>

<UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> directly or indirectly maintain 100% ownership of the common securities of such trust; provided, however, that any permitted successor under
the applicable indenture may succeed to our ownership of such common securities; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> use our reasonable efforts to cause such trust to remain a statutory business trust, except in connection with the distribution of subordinated
debt securities to the holders of trust preferred securities in liquidation of such trust, the redemption of all of the trust securities of such trust, or certain mergers, consolidations or
amalgamations, each as permitted by the trust agreement of such trust, and to continue to be classified as a grantor trust for United States federal income tax purposes; and </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> use our reasonable efforts to cause each holder of trust preferred securities to be treated as owning an undivided beneficial interest in the
subordinated debt securities. </FONT></DD></DL>
</UL>

<P style="font-family:times;"><FONT SIZE=2>(Section&nbsp;1009
of the Subordinated Indenture) </FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Consolidation, Merger and Sale of Assets  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Without the consent of the holders of any of the outstanding debt securities under the indentures, we may consolidate with or merge into, or
convey, transfer or lease our properties and assets to any person and may permit any person to consolidate with or merge into us. However, in such event, any successor person must be a corporation,
partnership, or trust organized and validly existing under the laws of any domestic jurisdiction and must assume our obligations on the debt securities and under the applicable indenture. We agree
that after giving effect to the transaction, no event of default, and no event which, after notice or lapse of time or both, would become an event of default shall have occurred and be continuing and
that certain other conditions are met; provided such provisions will not
be applicable to the direct or indirect transfer of the stock, assets or liabilities of any of our subsidiaries to another of our direct or indirect subsidiaries. (Section&nbsp;801) </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Except
as provided in this prospectus or as may otherwise be provided in the accompanying prospectus supplement, there are no "event risks" or similar provisions of the indentures or the
debt securities that are intended to afford protection to holders in the event of a merger or other significant corporate event involving us or our subsidiaries. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>11</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=5,SEQ=47,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=664352,FOLIO='11',FILE='DISK123:[18ZBA1.18ZBA45301]DG45301A.;5',USER='CHE108062',CD='23-MAR-2018;16:07' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:times;"><FONT SIZE=2><A
NAME="page_di45301_1_12"> </A>

<!-- COMMAND=ADD_BASECOLOR,"#000000" -->




<!-- COMMAND=ADD_DEFAULTFONT,"font-family:times;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->





<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->




<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


</FONT></P>

<!-- TOC_END -->

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Outstanding Debt Securities  </B></FONT></P>


<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;"</FONT><FONT SIZE=2><I>Outstanding</I></FONT><FONT SIZE=2>," when used with respect to debt securities, means, as of the date of
determination, all debt securities authenticated and delivered under the applicable indenture, except:</FONT></P>

<UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> debt securities canceled by the indenture trustee or delivered to the indenture trustee for cancellation; </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> debt securities for whose payment or redemption money in the necessary amount has been deposited with the indenture trustee or any paying agent
(other than us) in trust or set aside and segregated in trust by us (if we shall act as its own paying agent) for the holders of such debt securities and, if such debt securities are to be redeemed,
notice of such redemption has been given according to the applicable indenture or provisions satisfactory to the indenture trustee have been made; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> debt securities as to which defeasance has been effected pursuant to Section&nbsp;1302 of the applicable indenture; and </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> debt securities which have been paid pursuant to the applicable indenture or in exchange for or in lieu of which other debt securities have
been authenticated and delivered pursuant to the applicable indenture, other than any debt securities in respect of which there shall have been presented to the indenture trustee proof satisfactory to
it that such debt securities are held by a bona fide purchaser in whose hands such debt securities are our valid obligations. </FONT></DD></DL>
</UL>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
indenture provides that in determining whether the holders of the requisite principal amount of the outstanding debt securities have given, made or taken any request, demand,
authorization, direction, notice, consent, waiver or other action under the applicable indenture:</FONT></P>

<UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> the principal amount of an original issue discount security that shall be deemed to be outstanding shall be the amount of the principal that
would be due and payable as of the date of such determination upon acceleration of the maturity to such date; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> the principal amount of a debt security denominated in one or more foreign currencies which shall be deemed to be outstanding shall be the U.S.
dollar equivalent, determined as of the date of original issuance of such debt security in the manner provided by the applicable indenture, of the principal amount of such debt security (or, in the
case of an original issue discount security, of the amount determined as provided above); </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> if the principal amount payable at the stated maturity of any debt security is not determinable upon original issuance, the principal amount of
such debt security that is deemed to be outstanding shall be the amount as specified by the applicable indenture; and </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> debt securities beneficially owned by us or any other obligor upon the debt securities or any of our affiliates or such other obligor shall be
disregarded and deemed not to be outstanding, except that, in determining whether the applicable indenture trustee shall be protected in relying upon any such request, demand, authorization,
direction, notice, consent or waiver, only debt securities which a responsible officer of the indenture trustee knows to be so owned shall be so disregarded. </FONT></DD></DL>
</UL>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Debt
securities so owned which have been pledged in good faith may be regarded as outstanding if the pledgee establishes to the satisfaction of the applicable indenture trustee the
pledgee's right to act with respect to the debt securities and that the pledgee is not us or any other obligor upon the debt securities or any of our affiliates or of such other obligor.
(Section&nbsp;101) </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>12</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=48,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=765276,FOLIO='12',FILE='DISK123:[18ZBA1.18ZBA45301]DI45301A.;5',USER='CHE108062',CD='23-MAR-2018;16:07' -->
<A NAME="page_di45301_1_13"> </A>


<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Events of Default  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following are events of default under the applicable indenture with respect to debt securities of any
series:</FONT></P>

<UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> we fail to pay the principal or premium on any debt security of that series when due; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> we fail to pay any interest on any debt securities of that series when due, continued for 30&nbsp;days; </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> we fail to deposit any sinking fund payment, when due, in respect of any debt security of that series; </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> we fail to perform any other covenant of ours in the applicable indenture, other than a covenant included in the applicable indenture solely
for the benefit of a series other than that series, continued for 60&nbsp;days after written notice has been given by the indenture trustee or by the holders of at least 25% in principal amount of
the outstanding debt securities of that series, as provided in the applicable indenture; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> in the event subordinated debt securities are issued to a trust in connection with the issuance of trust preferred securities, the dissolution,
winding-up or termination of such trust, except in connection with the distribution of subordinated debt securities to the holders of trust preferred securities in liquidation of such trust, the
redemption of all of the trust preferred securities of such trust, or certain mergers, consolidations or amalgamations permitted by the trust agreement of such trust; and </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> certain events in bankruptcy, insolvency or reorganization. </FONT></DD></DL>
</UL>

<P style="font-family:times;"><FONT SIZE=2>(Section&nbsp;501)
</FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
indenture provides that if an event of default with respect to the debt securities of any series at the time outstanding shall occur and be continuing, either the indenture trustee
or the holders of at least 25% in aggregate principal amount of the outstanding debt securities of that series may declare the principal amount of the debt securities of that series to be due and
payable immediately. However, after such acceleration, but before a judgment or decree based on acceleration, the holders of a majority in aggregate principal amount of the outstanding debt securities
of that series may, under certain circumstances, rescind and annul such acceleration if all events of default, other than the nonpayment of accelerated principal, have been cured or waived.
(Section&nbsp;502) For information as to waiver of defaults, </FONT><FONT SIZE=2><I>see</I></FONT><FONT SIZE=2> "Modification and Waiver." </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Subject
to the provisions of the applicable indenture relating to the duties of the indenture trustee in case an event of default shall occur and be continuing, the indenture trustee
will be under no obligation to exercise any of its rights or powers under the applicable indenture at the request or direction of any of the holders, unless such holders shall have offered to the
indenture trustee reasonable indemnity. (Section&nbsp;603) Subject to such provisions for the indemnification of the indenture trustee, the holders of a majority in aggregate principal amount of the
outstanding debt securities of any series will have the right to direct the time, method and place of conducting any proceeding for
any remedy available to the indenture trustee or exercising any trust or power conferred on the indenture trustee with respect to the debt securities of that series. (Section&nbsp;512) </FONT></P>


<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No
holder of a debt security of any series will have any right to institute any proceeding with respect to the applicable indenture, or for the appointment of a receiver or a trustee, or
for any remedy thereunder, unless:</FONT></P>

<UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> such holder has previously given written notice to the indenture trustee of a continuing event of default with respect to the debt securities
of that series; </FONT></DD></DL>
</UL>
<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>13</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=2,SEQ=49,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=383528,FOLIO='13',FILE='DISK123:[18ZBA1.18ZBA45301]DI45301A.;5',USER='CHE108062',CD='23-MAR-2018;16:07' -->
<A NAME="page_di45301_1_14"> </A>
<UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> the holders of not less than 25% in principal amount of the outstanding debt securities of that series shall have made proper written request
to the indenture trustee to institute proceedings in respect of such event of default in its own name as trustee under the applicable indenture; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> such holder or holders have offered to the indenture trustee reasonable indemnity against costs, expenses and liabilities to be incurred in
compliance with such request; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> the indenture trustee has failed to institute such proceeding for 60&nbsp;days after receipt of such notice, request or offer of indemnity;
and </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> no direction inconsistent with such written request has been given to the indenture trustee during the 60-day period by the holders of a
majority in principal amount of the outstanding debt securities of that series. </FONT></DD></DL>
</UL>

<P style="font-family:times;"><FONT SIZE=2>(Section&nbsp;507) </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;However,
such limitations do not apply to a suit instituted by a holder of a debt security for the enforcement of payment of the principal, interest or premium on such debt security on
or after the due dates expressed in the debt security. (Section&nbsp;508) </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Annually,
we are required to furnish to each indenture trustee a statement by certain of our officers as to whether we are in default in the performance or observance of any of the terms
of the applicable indenture and, if so, specifying all such known defaults. (Section&nbsp;1004) </FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>



<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Modification and Waiver  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We and the trustee under each indenture may, without the consent of the holders of the debt securities, amend, waive or supplement the indenture
for specified purposes, including to:</FONT></P>

<UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> cure any ambiguity, defect or inconsistency in an indenture, provided that the cure or correction does not adversely affect the holders of such
debt securities; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> secure any debt securities; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> add covenants or any additional events of default for the protection of the holders of debt securities; </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> add provisions to permit or facilitate the issuance of bearer securities (with or without coupons attached); </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> establish the forms or terms of debt securities of any series; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> evidence the assumption by a successor corporation of our obligations; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> evidence and provide for the acceptance of appointment by a successor trustee; or </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> conform any provision in an indenture to the requirements of the Trust Indenture Act. </FONT></DD></DL>
</UL>

<P style="font-family:times;"><FONT SIZE=2>(Section&nbsp;901)
</FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
of the indentures provides that we and the applicable indenture trustee may modify and amend the applicable indenture with the consent of the holders of not less than a majority in
principal amount of the outstanding debt securities of each series affected by such modification or amendment; provided, however, that no such modification or amendment may, without the consent of the
holder of each outstanding debt security affected thereby:</FONT></P>

<UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> change the stated maturity of the principal of, or any installment of principal of or interest on, any debt security except to the extent
provided in a prospectus supplement; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> reduce the principal amount of or any premium or interest on any debt security; </FONT></DD></DL>
</UL>
<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>14</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=3,SEQ=50,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=601337,FOLIO='14',FILE='DISK123:[18ZBA1.18ZBA45301]DI45301A.;5',USER='CHE108062',CD='23-MAR-2018;16:07' -->
<A NAME="page_di45301_1_15"> </A>
<UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> reduce the amount of principal of an original issue discount security or any other debt security payable upon acceleration of the maturity; </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> change the currency of payment of principal, interest or premium on any debt security; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> impair the right to institute suit for the enforcement of any payment on or with respect to any debt security; </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> reduce the percentage in principal amount of outstanding debt securities of any series, the consent of whose holders is required for
modification or amendment of the applicable indenture; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> reduce the percentage in principal amount of outstanding debt securities of any series necessary for waiver of compliance with certain
provisions of the applicable indenture or for waiver of certain defaults; or </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> modify such provisions with respect to modification and waivers. </FONT></DD></DL>
</UL>

<P style="font-family:times;"><FONT SIZE=2>(Section&nbsp;902)
</FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
holders of a majority in principal amount of the outstanding debt securities of any series may waive compliance by us with certain restrictive provisions of the applicable indenture.
(Section&nbsp;1010 of the Senior Indenture and Section&nbsp;1011 of the Subordinated Indenture) The holders of a majority in principal amount of the outstanding debt securities of any series may
waive any past default under the applicable indenture, except a default in the payment of principal, premium or interest and certain covenants and provisions of the applicable indenture which cannot
be amended without the consent of the holder of each outstanding debt security of such series affected. (Section&nbsp;513) </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
will be entitled, except in certain limited circumstances, to set any day as a record date for the purpose of determining the holders of outstanding debt securities of any series
entitled to give, make or take any request, demand, authorization, direction, notice, consent, waiver or other action provided or permitted by the applicable indenture. To be effective, any such
action for which we have set a record date must be taken by holders of the requisite principal amount of debt securities of the relevant series outstanding on such record date within 180&nbsp;days
after the record date, or within such shorter period as we may specify. (Section&nbsp;104) </FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Defeasance and Covenant Defeasance  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We may elect, at our option, to have the provisions of Section&nbsp;1302, relating to defeasance and discharge of indebtedness, or
Section&nbsp;1303, relating to defeasance of certain covenants in the indentures, apply to the debt securities of any series, or to any specified part of a series. (Section&nbsp;1301) </FONT></P>


<P style="font-family:times;"><FONT SIZE=2><I>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Defeasance and Discharge.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;Each indenture provides that we may elect to be discharged from obligations
with respect to any particular debt securities. Such discharge will take effect when we deposit in trust for the benefit of the holders of such debt securities money or U.S. government obligations, or
both which, through the payment of principal and interest in respect thereof in accordance with their terms will provide money in an amount sufficient, in the opinion of a nationally recognized firm
of independent public accountants, to pay the principal, interest and premium on such debt securities in accordance with their terms. However, such discharge shall not apply to our obligations to
exchange or register the transfer of debt securities, to replace stolen, lost or mutilated debt securities, to maintain paying agencies and to hold moneys in trust. Such defeasance or discharge may
occur only if, among other things, we have delivered to the indenture trustee an opinion of counsel stating that we have received from, or there has been published by, the United States Internal
Revenue Service a ruling, or there has been a change in tax law, in either case to the effect that holders of the debt securities will not recognize gain or loss for federal income tax purposes as a
result of such deposit, defeasance and discharge and will be subject to federal income tax on the same </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>15</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=4,SEQ=51,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=153135,FOLIO='15',FILE='DISK123:[18ZBA1.18ZBA45301]DI45301A.;5',USER='CHE108062',CD='23-MAR-2018;16:07' -->
<A NAME="page_di45301_1_16"> </A>

<P style="font-family:times;"><FONT SIZE=2>amount,
in the same manner and at the same times as would have been the case if such deposit, defeasance and discharge were not to occur. (Sections&nbsp;1302 and 1304) </FONT></P>

<P style="font-family:times;"><FONT SIZE=2><I> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Defeasance of Certain Covenants.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;Each indenture provides that we may elect to defease certain covenants with respect to any particular
debt
securities. Such defeasance will take effect when we deposit, in trust for the benefit of the holders of such debt securities, money or U.S. government obligations, or both, which, through the payment
of principal and interest in accordance with their terms, will provide money in an amount sufficient, in the opinion of a nationally recognized firm of independent public accountants, to pay the
principal, interest and premium on such debt securities in accordance with their terms. Such defeasance may occur only if, among other things, we have delivered to the indenture trustee an opinion of
counsel stating that holders of the debt securities will not recognize gain or loss for federal income tax purposes as a result of such deposit and defeasance and will be subject to federal income tax
on the same amount, in the same manner and at the same times as would have been the case if such deposit and defeasance were not to occur. In the event we exercise this option with respect to any debt
securities and such debt securities are declared due and payable because of the occurrence of any event of default, the amount of money and U.S. government obligations so deposited in trust will be
sufficient to pay amounts due on such debt securities at the time of their stated maturities but may not be sufficient to pay amounts due on the debt securities upon any acceleration resulting from
such event of default. In such case, we will remain liable for such payments. (Sections&nbsp;1303 and 1304) </FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Notices  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notices to holders of debt securities will be given by mail to the addresses of such holders as they may appear in the security register.
(Sections&nbsp;101 and 106) </FONT></P>


<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Title  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allstate, the applicable indenture trustee and any agent of Allstate or the indenture trustee may treat the person in whose name a debt security
is registered as the absolute owner for the purpose of making payment and for all other purposes. (Section&nbsp;308) </FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Governing Law  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The indentures and the debt securities will be governed by, and construed in accordance with, the internal laws of the State of New York.
(Section&nbsp;112) </FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Regarding the Indenture Trustee  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Bank National Association, which is the trustee under the indentures described in this prospectus, performs other services for us and our
affiliates. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="di45301_description_of_capital_stock"> </A>
<A NAME="toc_di45301_1"> </A>
<BR></FONT><FONT SIZE=2><B>  DESCRIPTION OF CAPITAL STOCK    <BR>    </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following description of our capital stock is a summary. It summarizes only those aspects of our capital stock which we believe will be most
important to your decision to invest in our capital stock. You should keep in mind, however, that it is our Restated Certificate of Incorporation, and our Amended and Restated Bylaws and the Delaware
General Corporation Law, and not this summary, which define your rights as a securityholder. There may be other provisions in these documents which are also important to you. You should read these
documents for a full description of the terms of our capital stock. Our Restated Certificate of Incorporation and our Amended and Restated Bylaws are incorporated by reference as exhibits to the
Registration Statement that includes this prospectus. </FONT><FONT SIZE=2><I>See</I></FONT><FONT SIZE=2> "Where You Can Find More Information" for information on how to obtain copies of these
documents. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>16</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=5,SEQ=52,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=800882,FOLIO='16',FILE='DISK123:[18ZBA1.18ZBA45301]DI45301A.;5',USER='CHE108062',CD='23-MAR-2018;16:07' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:times;"><FONT SIZE=2><A
NAME="page_dk45301_1_17"> </A>

<!-- COMMAND=ADD_BASECOLOR,"#000000" -->




<!-- COMMAND=ADD_DEFAULTFONT,"font-family:times;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->





<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->




<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


</FONT></P>

<!-- TOC_END -->

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Our
Restated Certificate of Incorporation authorizes us to issue 2,000,000,000 shares of common stock, par value of $0.01 per share, and 25,000,000 shares of preferred stock, par value
$1.00 per share. As of March&nbsp;31, 2015, there were 409,086,389 shares of common stock outstanding and 72,200 shares of preferred stock outstanding. </FONT></P>


<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
particular terms of the common stock or preferred stock offered by any prospectus supplement and the extent to which the general provisions described below may apply to such common
stock or preferred stock will be outlined in the applicable prospectus supplement. </FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Common Stock  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Outstanding shares of our common stock are listed on the New York Stock Exchange and the Chicago Stock Exchange under the symbol "ALL." All
outstanding shares of common stock are, and the shares of common stock issued under this prospectus, will be, fully paid and non-assessable. </FONT></P>


<P style="font-family:times;"><FONT SIZE=2><I>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dividends.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;Subject to the prior rights of the holders of shares of preferred stock that may be issued and outstanding, the holders of
common stock
are entitled to receive dividends as and when declared by
our Board of Directors. The issuance of dividends will depend upon, among other factors deemed relevant by our Board of Directors, our financial condition, results of operations, cash requirements,
future prospects, changes in tax or other applicable laws relating to the treatment of dividends and regulatory restrictions on the payment of dividends that apply under applicable insurance laws.
Dividends may be paid in cash, stock or other form. Each such dividend shall be payable to holders of record as they appear on our stock books on such record dates as shall be fixed by the Board of
Directors. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Subject
to certain limited exceptions, during any dividend period while shares of our Fixed Rate Noncumulative Perpetual Preferred Stock, Series&nbsp;A, Series&nbsp;C,
Series&nbsp;D, Series&nbsp;E and Series&nbsp;F (collectively, the "</FONT><FONT SIZE=2><I>Outstanding Preferred Stock</I></FONT><FONT SIZE=2>") are outstanding, unless the full dividends on
such Outstanding Preferred Stock for the preceding dividend period have been declared and paid or declared and a sum sufficient for the payment thereof has been set aside and any declared but unpaid
dividends on such Outstanding Preferred Stock for any prior period have been paid, we may not pay dividends on our common stock. If and when dividends on our Outstanding Preferred Stock have not been
declared and paid in full for at least six quarterly dividend periods, the authorized number of directors then constituting our Board of Directors will be increased by two additional directors, to be
elected by the holders of our Outstanding Preferred Stock together with the holders of all other affected classes and series of voting parity stock, voting as a single class, subject to certain
conditions. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
are prohibited from declaring or paying dividends on our Outstanding Preferred Stock if we fail to meet specified capital adequacy, net income or stockholders' equity levels. The
prohibition is subject to an exception permitting us to declare dividends out of the net proceeds of common stock issued by us during the 90&nbsp;days prior to the date of declaration even if we
fail to meet such levels. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
terms of our outstanding Series&nbsp;A 6.50% Fixed-to-Floating Rate Junior Subordinated Debentures due 2067, Series&nbsp;B 6.125% Fixed-to-Floating Rate Junior Subordinated
Debentures due 2067, 5.100% Fixed-To-Floating Rate Subordinated Debentures due 2053 and Series&nbsp;B 5.750% Fixed-to-Floating Rate Subordinated Debentures due 2053 (collectively, the
"</FONT><FONT SIZE=2><I>Outstanding Subordinated Debentures</I></FONT><FONT SIZE=2>") also prohibit us from declaring or paying any dividends or distributions on our common or preferred stock if we
have elected to defer interest payments on the Outstanding Subordinated Debentures, subject to certain limited exceptions. </FONT></P>


<P style="font-family:times;"><FONT SIZE=2><I>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Voting Rights.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;Each holder of common stock is entitled to one vote for each share held of record on all matters presented to a vote at a
stockholders
meeting, including the election of directors. The holders of common stock are not entitled to cumulative voting rights. Directors are elected if they receive the vote of the majority of the votes cast
at any meeting for the election of directors at which a </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>17</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=53,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=872383,FOLIO='17',FILE='DISK123:[18ZBA1.18ZBA45301]DK45301A.;5',USER='CHE108062',CD='23-MAR-2018;16:07' -->
<A NAME="page_dk45301_1_18"> </A>

<P style="font-family:times;"><FONT SIZE=2>quorum
is present. A majority of votes cast means the number of shares voted "for" a director exceeds 50% of the votes cast with respect to that director's election. Votes cast shall include votes to
withhold authority in each case and exclude abstentions. Except as otherwise provided in our Restated Certificate of Incorporation or Amended and Restated Bylaws or as required by law, all other
matters can be approved by the affirmative vote of a majority of the shares represented at a meeting and entitled to vote on the matter. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2><I> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Liquidation Rights.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;In the event of any liquidation, dissolution or winding-up of Allstate, the holders of common stock will share
equally in the
assets remaining after creditors and preferred stockholders are paid. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2><I> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other Rights.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;The holders of common stock have no preemptive rights to purchase or subscribe for any additional shares of common stock
or other
securities and there are no conversion rights or redemption or sinking fund provisions with respect to the common stock. </FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Preferred Stock  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We are authorized to issue up to 25,000,000 shares of preferred stock, 72,200 of which are currently issued and outstanding. Our Board of
Directors is authorized to provide for the issuance of the preferred stock in series, to establish or change the number of shares to be included in each series and to fix the designation, relative
rights, preferences and limitations of each series, subject to such limitations as may be prescribed by law. In particular, our Board of Directors is authorized, without limitation, to determine the
number of shares, the designation of the series, the dividend rate, voting rights, conversion and exchange rights, redemption provisions, liquidation rights and sinking fund provisions, all without
further action by our stockholders. The rights of holders of the preferred stock offered may be adversely affected by the rights of holders of any shares of preferred stock that may be issued in the
future. Our Board of Directors may cause shares of preferred stock to be issued in public or private transactions for any proper corporate purpose. Examples of proper corporate purposes include
issuances to obtain additional financing in connection with acquisitions or otherwise, and issuances to officers, directors and employees of Allstate and its subsidiaries pursuant to benefit plans or
otherwise. Shares of preferred stock issued by us may have the effect of rendering more difficult or discouraging an acquisition of Allstate deemed undesirable by our Board of Directors. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
will describe the terms, if any, on which shares of any series of preferred stock are convertible or exchangeable into our common stock or other securities in the prospectus
supplement relating to the offering. The conversion or exchange may be mandatory, at your option or at our option. The applicable prospectus supplement will state the manner in which the shares of our
common stock or other securities that you will receive as a holder of preferred stock would be converted or exchanged. </FONT></P>


<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
preferred stock will be fully paid and non-assessable. Unless otherwise indicated in an applicable prospectus supplement, holders of preferred stock will not have preemptive or
subscription rights to acquire more of our stock. Unless otherwise indicated in an applicable prospectus supplement, the preferred stock will have preference over our common stock with respect to the
payment of dividends and the distribution of assets in the event of a liquidation, winding-up or dissolution of Allstate. Unless otherwise indicated in an applicable prospectus supplement, each series
of preferred stock will rank on a parity with each other series of preferred stock. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
addition, as described under "Description of Depositary Shares," we may, at our option, instead of offering whole individual shares of any series of preferred stock, offer depositary
shares evidenced by depositary receipts, each representing a fraction of a share or some multiple of shares of the particular series of preferred stock issued and deposited with a depositary. The
fraction of a share of preferred stock which each depositary share represents will be stated in the prospectus supplement relating to any series of preferred stock offered through depositary shares. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>18</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=2,SEQ=54,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=622519,FOLIO='18',FILE='DISK123:[18ZBA1.18ZBA45301]DK45301A.;5',USER='CHE108062',CD='23-MAR-2018;16:07' -->
<A NAME="page_dk45301_1_19"> </A>

<P style="font-family:times;"><FONT SIZE=2><I> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dividends.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;Holders of shares of the preferred stock of each series shall be entitled to receive, as and when declared by our Board of
Directors, cash
or other dividends at such rates and on such dates as will be set forth in the applicable prospectus supplement. Each such dividend shall be payable to holders of record as they appear on our stock
books or, if applicable, the records of the depositary referred to below under "Description of Depositary Shares," on such record dates as shall be fixed by the Board of Directors. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dividends
on any series of the preferred stock may be cumulative or noncumulative, as provided in the applicable prospectus supplement. If our Board of Directors fails to declare a
dividend payable on a dividend payment date on any series of the preferred stock for which dividends are noncumulative, then the holders of such series of the preferred stock will have no right to
receive a dividend in respect of the dividend period ending on such dividend payment date, and we will have no obligation to pay the dividend accrued for such period, whether or not dividends on such
series are declared payable on any future dividend payment date. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2><I> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Liquidation Rights.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;In the event of any liquidation, dissolution or winding-up of Allstate, the holders of preferred stock will be
entitled to
receive out of our assets, before any distribution of assets is made to holders of common stock, liquidating distributions in the amount of the liquidation price per share, as set forth in the
applicable prospectus supplement, plus all accrued and unpaid dividends. If, upon any liquidation, dissolution or winding-up of Allstate, the amounts payable with respect to the preferred stock and
any other shares of our stock ranking as to any such distribution on a parity with the preferred stock are not paid in full, the holders of the preferred stock and of such other shares will share
ratably in any such distribution of our assets in proportion to the full respective preferential amounts to which they are entitled. After payment of the full amount of the liquidating distribution
the holders of preferred stock will not be entitled to any further participation in any distribution of assets by us. A consolidation or merger of Allstate with or into any other corporation or
corporations or a sale of all or substantially all of the assets of Allstate shall not be deemed to be a liquidation, dissolution or winding-up of Allstate. </FONT></P>


<P style="font-family:times;"><FONT SIZE=2><I>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Redemption.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;The preferred stock will be redeemable at the times and at the redemption prices set forth in the applicable prospectus
supplement. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unless
otherwise indicated in the applicable prospectus supplement, we may not purchase or redeem any of the outstanding shares of any series of preferred stock unless full cumulative
dividends, if any, have been paid or declared and set apart for payment upon all outstanding shares of any series of preferred stock for all past dividend periods, and unless all of our matured
obligations with respect to all sinking funds, retirement funds or purchase funds for all series of preferred stock then outstanding have been met. </FONT></P>


<P style="font-family:times;"><FONT SIZE=2><I>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Voting Rights.</I></FONT><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;The holders of the preferred stock will have no voting rights, except:</FONT></P>

<UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> as otherwise stated in the applicable prospectus supplement; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> as otherwise stated in the certificate of designation establishing such series; and </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> as required by applicable law. </FONT></DD></DL>
</UL>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Provisions of Our Restated Certificate of Incorporation and Amended and Restated Bylaws that May Delay
or Make More Difficult Unsolicited Acquisitions or Changes of Our Control  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Some provisions of our Restated Certificate of Incorporation and Amended and Restated Bylaws may delay or make more difficult unsolicited
acquisitions or changes of our control. We believe that these provisions will enable us to develop our business in a manner that will foster long-term growth without disruption caused by the threat of
a takeover not thought by our Board of Directors to be in the best interests of Allstate and its stockholders. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>19</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=3,SEQ=55,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=73498,FOLIO='19',FILE='DISK123:[18ZBA1.18ZBA45301]DK45301A.;5',USER='CHE108062',CD='23-MAR-2018;16:07' -->
<A NAME="page_dk45301_1_20"> </A>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Those
provisions could have the effect of discouraging third parties from making proposals involving an unsolicited acquisition or change of control of our company, although the
proposals, if made, might be considered desirable by a majority of our stockholders. Those provisions may also have the effect of making it more difficult for third parties to cause the replacement of
our current management without the concurrence of our Board of Directors. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;These
provisions include:</FONT></P>

<UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> our Amended and Restated Bylaws establish advance notice procedures with regard to stockholder proposals relating to the nomination of
candidates for election as directors or new business to be brought before annual or special stockholders meetings; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> special meetings of the stockholders may be called only by (i)&nbsp;the Secretary upon the written request of stockholders owning not less
than 10% of all outstanding common stock, in accordance with the applicable requirements and procedures of the Amended and Restated Bylaws or (ii)&nbsp;the chairman of the Board of Directors; and </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> stockholders may act by written consent only if such action is taken in accordance with the applicable requirements of the Restated Certificate
of Incorporation or by holders of a class or series of preferred stock, if the terms of such class or series of preferred stock expressly provide for such action by written consent. </FONT></DD></DL>
</UL>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
addition, we are subject to the provisions of Section&nbsp;203 of the Delaware General Corporation Law. Generally, Section&nbsp;203 prohibits a publicly held Delaware corporation
from engaging in a "business combination" with an "interested stockholder" during the three years after the date the person became an interested stockholder, unless the business combination is
approved in a prescribed manner. A "business combination" includes a merger, asset sale or a transaction resulting in a financial benefit to the interested stockholder. An "interested stockholder" is
a person, who together with affiliates and associates, owns (or, in certain cases, within the preceding three years, did own) 15% or more of the corporation's outstanding voting stock. Under
Section&nbsp;203, a business combination between us and an interested stockholder is prohibited unless it satisfies one of the following conditions:</FONT></P>

<UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> before the stockholder became an interested stockholder, our Board of Directors approved either the business combination or the transaction
which resulted in the stockholder becoming an interested stockholder; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> upon the completion of the transaction that resulted in the stockholder becoming an interested stockholder, the interested stockholder owned at
least 85% of the voting stock outstanding at the time the transaction commenced, excluding, for purposes of determining the number of shares outstanding, shares owned by persons who are directors and
officers; or </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> the business combination is approved by our Board of Directors and authorized at an annual or special meeting of stockholders, and not by
written consent, by at least 66<SUP>2</SUP>/<SMALL>3</SMALL>% of the outstanding voting stock that is not owned by the interested stockholder. </FONT></DD></DL>
</UL>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>



<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Limitations on Liability  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Our Restated Certificate of Incorporation limits our directors' liability to the fullest extent permitted by law. Generally, our directors will
not be held liable for their actions. However, they will be held liable for:</FONT></P>

<UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> a breach of their duty of loyalty to us or our stockholders; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> acts or omissions not in good faith or in a way which involves intentional misconduct or a knowing violation of law; </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> payment of an improper dividend or improper repurchase of our stock; or </FONT></DD></DL>
</UL>
<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>20</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=4,SEQ=56,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=768776,FOLIO='20',FILE='DISK123:[18ZBA1.18ZBA45301]DK45301A.;5',USER='CHE108062',CD='23-MAR-2018;16:07' -->
<A NAME="page_dk45301_1_21"> </A>
<UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> acting or not acting for improper personal benefit. </FONT></DD></DL>
</UL>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Because
of these limitations on liability, our stockholders may not sue one of our directors for money unless the stockholder can show the director committed one of the offenses listed
above. These provisions do not affect our directors' liability under federal securities laws. Also, our directors still
have a duty of care. The limitation of our directors' liability may discourage or deter stockholders or management from suing directors for a breach of their duties, even though such an action, if
successful, might otherwise have benefited us or our stockholders. This limitation on our directors' liability should not affect the availability of equitable remedies such as injunctions or
rescissions based upon a director's breach of his or her duty of care. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="dk45301_description_of_depositary_shares"> </A>
<A NAME="toc_dk45301_1"> </A>
<BR></FONT><FONT SIZE=2><B>  DESCRIPTION OF DEPOSITARY SHARES    <BR>    </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following description of the depositary shares and the terms of the deposit agreement is a summary. It summarizes only those aspects of the
depositary shares and those portions of the deposit agreement that we believe will be most important to your decision to invest in our depositary shares. You should keep in mind, however, that it is
the deposit agreement, and not this summary, which defines your rights as a holder of depositary shares. There may be other provisions in the deposit agreement that are also important to you. You
should read the deposit agreement for a full description of the terms of the depositary shares. The form of the deposit agreement is filed as an exhibit to the Registration Statement that includes
this prospectus. </FONT><FONT SIZE=2><I>See</I></FONT><FONT SIZE=2> "Where You Can Find More Information" for information on how to obtain a copy of the deposit agreement. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
particular terms of the depositary shares offered by any prospectus supplement and the extent to which the general provisions described below may apply to such depositary shares will
be outlined in the applicable prospectus supplement. </FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


General  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We may choose to offer fractional interests in debt securities or fractional shares of our common stock or preferred stock. If we decide to do
so, we will issue fractional interests in debt securities, or fractional shares of our common stock or preferred stock, as the case may be, in the form of depositary shares. Each depositary share
would represent a fractional interest in a security of a particular series of debt securities or a fraction of a share of common stock or of a particular series of preferred stock, as the case may be,
and would be evidenced by a depositary receipt. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
will deposit the debt securities or shares of common stock or preferred stock represented by depositary shares under a deposit agreement between us and a depositary which we will name
in the applicable prospectus supplement. Subject to the terms of the deposit agreement, as an owner of a depositary share you will be entitled, in proportion to the applicable fraction of a debt
security or share of common stock or preferred stock represented by the depositary share, to all the rights and preferences of the debt security, common stock or preferred stock, as the case may be,
represented by
the depositary share, including, as the case may be, interest, dividend, voting, conversion, redemption, sinking fund, repayment at maturity, subscription and liquidation rights. </FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Interest, Dividends and Other Distributions  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The depositary will distribute all payments of interest, cash dividends or other cash distributions received on the debt securities or preferred
stock, as the case may be, to you in proportion to the number of depositary shares that you own. </FONT></P>


<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
the event of a distribution other than in cash, the depositary will distribute property received by it to you in an equitable manner, unless the depositary determines that it is not
feasible to make a distribution. In that case, the depositary may sell the property and distribute the net proceeds from the sale to you. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>21</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=5,SEQ=57,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=832264,FOLIO='21',FILE='DISK123:[18ZBA1.18ZBA45301]DK45301A.;5',USER='CHE108062',CD='23-MAR-2018;16:07' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:times;"><FONT SIZE=2><A
NAME="page_dm45301_1_22"> </A>

<!-- COMMAND=ADD_BASECOLOR,"#000000" -->




<!-- COMMAND=ADD_DEFAULTFONT,"font-family:times;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->





<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->




<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


</FONT></P>

<!-- TOC_END -->

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>



<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Redemption of Depositary Shares  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If we redeem a debt security, common stock or series of preferred stock represented by depositary shares, the depositary will redeem your
depositary shares from the proceeds received by the depositary resulting from the redemption. The redemption price per depositary share will be equal to the applicable fraction of the redemption price
per debt security or share of common stock or preferred stock, as the case may be, payable in relation to the redeemed series of debt securities, common stock or preferred stock. Whenever we redeem
debt securities or shares of common stock or preferred stock held by the depositary, the depositary will redeem as of the same redemption date the number of depositary shares representing, as the case
may be, fractional interests in the debt securities or shares of common stock or preferred stock redeemed. If fewer than all the depositary shares are to be redeemed, the depositary shares to be
redeemed will be selected by lot, proportionately or by any other equitable method as the depositary may determine. </FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Exercise of Rights under the Indentures or Voting the Common Stock or Preferred Stock  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Upon receipt of notice of any meeting at which you are entitled to vote, or of any request for instructions or directions from you as a holder
of fractional interests in debt securities, common stock or preferred stock, the depositary will mail to you the information contained in that
notice. Each record holder of the depositary shares on the record date will be entitled to instruct the depositary how to give instructions or directions with respect to the debt securities
represented by that holder's depositary shares or how to vote the amount of the common stock or preferred stock represented by that holder's depositary shares. The record date for the depositary
shares will be the same date as the record date for the debt securities, common stock or preferred stock, as the case may be. The depositary will endeavor, to the extent practicable, to give
instructions or directions with respect to the debt securities or to vote the amount of the common stock or preferred stock, as the case may be, represented by the depositary shares in accordance with
those instructions. We will agree to take all reasonable action which the depositary may deem necessary to enable the depositary to do so. The depositary will abstain from giving instructions or
directions with respect to your fractional interests in the debt securities or voting shares of the common stock or preferred stock, as the case may be, if it does not receive specific instructions
from you. </FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Amendment and Termination of the Deposit Agreement  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We and the depositary may amend the form of depositary receipt evidencing the depositary shares and any provision of the deposit agreement at
any time. However, any amendment which materially and adversely alters the rights of the holders of the depositary shares will not be effective unless the amendment has been approved by the holders of
at least a majority of the depositary shares then outstanding. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
deposit agreement will terminate if:</FONT></P>

<UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> all outstanding depositary shares have been redeemed; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> if applicable, the debt securities and the preferred stock represented by depository shares have been converted into or exchanged for our
common stock; or </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> there has been a complete repayment or redemption of the debt securities or a final distribution in respect of the common stock or preferred
stock, including in connection with our liquidation, dissolution or winding-up, and the repayment, redemption or distribution proceeds, as the case may be, have been distributed to you. </FONT></DD></DL>
</UL>
<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>22</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=58,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=810746,FOLIO='22',FILE='DISK123:[18ZBA1.18ZBA45301]DM45301A.;5',USER='CHE108065',CD='24-MAR-2018;09:29' -->
<A NAME="page_dm45301_1_23"> </A>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Resignation and Removal of Depositary  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The depositary may resign at any time by delivering to us notice of its election to do so. We also may, at any time, remove the depositary. Any
resignation or removal will take effect upon the appointment of a successor depositary and its acceptance of such appointment. We must appoint the successor depositary within 60&nbsp;days after
delivery of the notice of resignation or removal. The successor depositary must be a bank or trust company having its principal office in the United States and having a combined capital and surplus of
at least $50,000,000. </FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Charges of Depositary  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We will pay all transfer and other taxes and governmental charges arising solely from the existence of the depositary arrangements. We will pay
charges of the depositary in connection with the initial deposit of the debt securities, common stock or preferred stock, as the case may be, and issuance of depositary receipts, all withdrawals of
depositary shares of debt securities, common stock or preferred stock, as the case may be, by you and any repayment or redemption of the debt securities, common stock or preferred stock, as the case
may be. You will pay other transfer and other taxes and governmental charges, as well as the other charges that are expressly provided in the deposit agreement to be for your account. </FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Miscellaneous  </B></FONT></P>


<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The depositary will forward all reports and communications from us which are delivered to the depositary and which we are required or otherwise
determine to furnish to holders of debt securities, common stock or preferred stock, as the case may be. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Neither
we nor the depositary will be liable under the deposit agreement to you other than for its gross negligence, willful misconduct or bad faith. Neither we nor the depositary will
be obligated to prosecute or defend any legal proceedings relating to any depositary shares, debt securities, common stock or preferred stock unless satisfactory indemnity is furnished. We and the
depositary may rely upon written advice of counsel or accountants, or upon information provided by persons presenting debt securities or shares of common stock or preferred stock for deposit, you or
other persons believed to be competent and on documents which we and the depositary believe to be genuine. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="dm45301_description_of_warrants"> </A>
<A NAME="toc_dm45301_1"> </A>
<BR></FONT><FONT SIZE=2><B>  DESCRIPTION OF WARRANTS    <BR>    </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following description of the warrants and terms of the warrant agreement is a summary. It summarizes only those aspects of the warrants and
those portions of the warrant agreement which we believe will be most important to your decision to invest in our warrants. You should keep in mind, however, that it is the warrant agreement and the
warrant certificate relating to the warrants, and not this summary, which defines your rights as a warrantholder. There may be other provisions in the warrant agreement and the warrant certificate
relating to the warrants which are also important to you. You should read these documents for a full description of the terms of the warrants. Forms of these documents are filed as exhibits to the
Registration Statement that includes this prospectus. </FONT><FONT SIZE=2><I>See</I></FONT><FONT SIZE=2> "Where You Can Find More Information" for information on how to obtain copies of these
documents. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
may issue warrants for the purchase of our debt securities, preferred stock or common stock or units of two or more of these types of securities. Warrants may be issued independently
or together with debt securities, preferred stock or common stock and may be attached to or separate from these securities. Each series of warrants will be issued under a separate warrant agreement
that we will describe in the prospectus supplement relating to the warrants that we offer. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>23</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=2,SEQ=59,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=728730,FOLIO='23',FILE='DISK123:[18ZBA1.18ZBA45301]DM45301A.;5',USER='CHE108065',CD='24-MAR-2018;09:29' -->
<A NAME="page_dm45301_1_24"> </A>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Debt Warrants  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We will describe in the applicable prospectus supplement the terms of warrants to purchase debt securities that we may offer, the warrant
agreement relating to the debt warrants and the warrant certificates representing the debt warrants. These terms will include the following:</FONT></P>

<UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> the title of the debt warrants; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> the aggregate number of the debt warrants; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> the price or prices at which the debt warrants will be issued; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> the designation, aggregate principal amount and terms of the debt securities purchasable upon exercise of the debt warrants and the procedures
and conditions relating to the exercise of the debt warrants; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> if applicable, the number of warrants issued with a specified principal amount of debt securities or with other securities, including shares of
preferred stock or common stock; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> the date, if any, on and after which such debt warrants and the related debt securities will be separately transferable; </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> the principal amount of debt securities purchasable upon exercise of each debt warrant and the price at which such principal amount of debt
securities may be purchased; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> the date on which the right to exercise such debt warrants shall commence and the date on which such right shall expire; </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> whether the debt securities purchasable upon exercise of such debt warrants are original issue discount debt securities, and discussion of
applicable federal income tax considerations; and </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> any other material terms of the debt warrants and terms, procedures and limitations relating to the exercise of the debt warrants. </FONT></DD></DL>
</UL>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
will also describe in the applicable prospectus supplement any provisions for a change in the exercise price or the expiration date of the debt warrants and the kind, frequency and
timing of any notice to be given. You may exchange debt warrant certificates for new debt warrant certificates of different denominations and may exercise debt warrants at the corporate trust office
of the warrant agent or any other office that we indicate in the applicable prospectus supplement. </FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Other Warrants  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We may issue other warrants. We will describe in the applicable prospectus supplement the following terms of those
warrants:</FONT></P>

<UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> the title of the warrants; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> the aggregate number of the warrants; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> the number of securities purchasable upon exercise of each warrant, and the price or prices at which the warrants will be issued; </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> the securities, which may include preferred stock or common stock, for which the warrants are exercisable; </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> the procedures and conditions relating to the exercise of the warrants; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> the designation and terms of any related securities issued with the warrants, and the number of warrants issued with each security; </FONT></DD></DL>
</UL>
<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>24</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=3,SEQ=60,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=541762,FOLIO='24',FILE='DISK123:[18ZBA1.18ZBA45301]DM45301A.;5',USER='CHE108065',CD='24-MAR-2018;09:29' -->
<A NAME="page_dm45301_1_25"> </A>
<UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> the date, if any, on and after which such warrants and the related securities will be separately transferable; </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> the date on which the right to exercise such warrants shall commence and the date on which such right shall expire; </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> the maximum or minimum number of warrants which may be exercised at any time; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> if applicable, a discussion of material United States federal income tax considerations; and </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> any other terms of the warrants, including terms, procedures and limitations relating to the exchange and exercise of such warrants. </FONT></DD></DL>
</UL>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
will also describe in the applicable prospectus supplement any provisions for a change in the exercise price or the expiration date of the warrants and the kind, frequency and timing
of any notice to be given. You may exchange warrant certificates for new warrant certificates of different denominations and may exercise warrants at the corporate trust office of the warrant agent or
any other office that we indicate in the applicable prospectus supplement. </FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Exercise of Warrants  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each warrant will entitle the holder to purchase the principal amount of debt securities or other securities, including shares of preferred
stock or common stock, at the exercise price as shall in each case be set forth in, or be determinable as set forth in the prospectus supplement relating to the warrants offered in the applicable
prospectus supplement. Warrants may be exercised at any time up to the close of business on the expiration date set forth in the applicable prospectus supplement. After the close of business of the
expiration date, unexercised warrants will become void. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Upon
receipt of payment and the warrant certificate properly completed and duly executed at the corporate trust office of the warrant agent or any other office indicated in the
applicable prospectus supplement, we will, as soon as practicable, forward the debt securities or other securities, including shares of preferred stock or common stock, to be purchased upon such
exercise. If less than all of the warrants represented by a warrant certificate are exercised, a new warrant certificate will be issued for the remaining warrants. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prior
to the exercise of any warrants to purchase debt securities or other securities, including shares of preferred stock or common stock, holders of the warrants will not have any of
the rights of holders of the debt securities or other securities, including shares of preferred stock or common stock purchasable upon exercise, including:</FONT></P>

<UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> in the case of warrants for the purchase of debt securities, the right to receive payments of principal of, or any premium or interest on, the
debt securities purchasable upon exercise or to enforce covenants in the applicable indenture; or </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> in the case of warrants for the purchase of shares of preferred stock or shares of common stock, the right to vote or to receive any payments
of dividends on the shares of preferred stock or common stock purchasable upon exercise. </FONT></DD></DL>
</UL>
<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="dm45301_description_of_stock_purchase___des02662"> </A>
<A NAME="toc_dm45301_2"> </A>
<BR></FONT><FONT SIZE=2><B>  DESCRIPTION OF STOCK PURCHASE CONTRACTS AND STOCK PURCHASE UNITS    <BR>    </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We may issue stock purchase contracts, including contracts obligating you to purchase from us, and us to sell to you, a specified number of
shares of common stock, shares of preferred stock or other property at a future date or dates. The consideration per share of common stock or preferred stock and the number of shares of each may be
fixed at the time the stock purchase contracts are issued or may be determined by reference to a specific formula set forth in the stock purchase contracts. The </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>25</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=4,SEQ=61,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=368465,FOLIO='25',FILE='DISK123:[18ZBA1.18ZBA45301]DM45301A.;5',USER='CHE108065',CD='24-MAR-2018;09:29' -->
<A NAME="page_dm45301_1_26"> </A>

<P style="font-family:times;"><FONT SIZE=2>stock
purchase contracts may be issued separately or as part of units, often known as stock purchase units, consisting of a stock purchase contract and any combination
of:</FONT></P>

<UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> debt securities; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> common stock; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> preferred stock; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> other stock purchase contracts; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> preferred securities issued by trusts, all of whose common securities are owned by us or by one of our subsidiaries; </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> depositary shares representing fractional interests in debt securities or shares of common stock or preferred stock; or </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> preferred securities or debt obligations of third parties, including United States Treasury securities, </FONT></DD></DL>
</UL>

<P style="font-family:times;"><FONT SIZE=2>which
may secure your obligations to purchase the common stock, preferred stock or other property under the stock purchase contracts. The stock purchase contracts may require us to make periodic
payments to you or vice versa, and these payments may be unsecured or prefunded on some basis. The stock purchase contracts may require you to secure your obligations in a specified manner. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
applicable prospectus supplement will describe the terms of the stock purchase contracts and stock purchase units, including, if applicable, collateral or depositary arrangements. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="dm45301_description_of_trust_preferred_securities"> </A>
<A NAME="toc_dm45301_3"> </A>
<BR></FONT><FONT SIZE=2><B>  DESCRIPTION OF TRUST PREFERRED SECURITIES    <BR>    </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following description of the trust preferred securities and the form of trust agreement is a summary. It summarizes only those aspects of
the trust preferred securities and portions of the form of trust agreement which we believe will be most important to your decision to invest in the trust preferred securities. You should keep in
mind, however, that it is the trust agreement, and not this summary, which defines your rights as a holder. There may be other provisions in the trust agreement which are also important to you. You
should read the form of trust agreement itself for a full description of the terms of the preferred securities. The form of trust agreement is filed as an exhibit to the Registration Statement. </FONT> <FONT SIZE=2><I>See</I></FONT><FONT SIZE=2>
"Where You Can Find More Information" for information on how to obtain a copy of the trust agreement.
 </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
trust preferred securities may be issued from time to time in one or more series. The particular terms of the trust preferred securities offered by any prospectus supplement and the
extent to which the general provisions described below may apply to such securities will be outlined in the applicable prospectus supplement. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
trust may issue, from time to time, only one series of preferred securities. The trust preferred securities will represent preferred undivided beneficial interests in the assets of
the related trust. Each of the trusts is a legally separate entity and the assets of one are not available to satisfy the obligations of any of the others. The trust agreement for each trust will be
qualified as an indenture under the Trust Indenture Act. The trust preferred securities will have such terms, including distributions, redemption, voting, liquidation and such other preferred,
deferred or other special rights or such restrictions as shall be set forth in the trust agreement or made part of the trust agreement by the Trust Indenture Act, and which will mirror the terms of
the subordinated debt securities held by the trust and described in the applicable prospectus supplement. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>26</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=5,SEQ=62,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=63409,FOLIO='26',FILE='DISK123:[18ZBA1.18ZBA45301]DM45301A.;5',USER='CHE108065',CD='24-MAR-2018;09:29' -->
<A NAME="page_dm45301_1_27"> </A>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Reference
is made to the prospectus supplement relating to the preferred securities of any trust for specific terms, including:</FONT></P>

<UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> the distinctive designation of such trust preferred securities; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> the number of trust preferred securities issued by such trust; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> the annual distribution rate for trust preferred securities issued by such trust and the dates upon which distributions are payable; provided,
however, that distributions on such trust preferred securities are payable on a quarterly basis to holders of the trust preferred securities as of a record date in each quarter during which such trust
preferred securities are outstanding; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> whether distributions on trust preferred securities issued by such trust are cumulative and the dates from which distributions will be
cumulative; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> the amount which shall be paid out of the assets of such trust to the holders of trust preferred securities upon dissolution of the trust; </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> the obligation or the option of such trust to purchase or redeem trust preferred securities and the prices at which, the periods within which,
and the terms upon which, trust preferred securities may be purchased or redeemed; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> any voting rights of trust preferred securities in addition to those required by law, including the number of votes per trust preferred
security and any requirement for the approval by the holders of trust preferred securities as a condition to specified action or amendments to the trust agreement of such trust; </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> the terms and conditions upon which the subordinated debt securities purchased by such trust may be distributed to holders of trust preferred
securities; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> whether any of the trust preferred securities will be issuable in the form of global securities; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> any securities exchange upon which the trust preferred securities shall be listed; and </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> any other relevant rights, preferences, privileges, limitations or restrictions of trust preferred securities issued by such trust not
inconsistent with its trust agreement or with applicable law. </FONT></DD></DL>
</UL>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
will guarantee all trust preferred securities offered hereby to the extent set forth below under "Description of Preferred Securities Guarantees." Certain United States federal income
tax considerations applicable to any offering of trust preferred securities will be described in the applicable prospectus supplement. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
connection with the issuance of trust preferred securities, each trust will issue one series of common securities having such terms including distributions, redemption, voting and
liquidation rights or such restrictions as shall be set forth in its trust agreement. The terms of the common securities will be substantially similar to the terms of the trust preferred securities
issued by such trust and the common securities will rank equal with, and payments will be made thereon pro rata, with the trust preferred securities except that, upon an event of default under the
trust agreement, the rights of the holders of the common securities to payment in respect of distributions and payments upon liquidation, redemption and otherwise will be subordinated to the rights of
the holders of the trust preferred securities. Except in certain limited circumstances, the common securities will carry the right to vote to appoint, remove or replace any of the trustees of a trust.
Directly or indirectly, we will own all of the common securities of each trust. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>27</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=6,SEQ=63,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=288063,FOLIO='27',FILE='DISK123:[18ZBA1.18ZBA45301]DM45301A.;5',USER='CHE108065',CD='24-MAR-2018;09:29' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:times;"><FONT SIZE=2><A
NAME="page_do45301_1_28"> </A>

<!-- COMMAND=ADD_BASECOLOR,"#000000" -->




<!-- COMMAND=ADD_DEFAULTFONT,"font-family:times;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->





<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->




<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


</FONT></P>

<!-- TOC_END -->

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Enforcement of Certain Rights by Holders of Preferred Securities  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;If an event of default under the trust agreement of a trust occurs and is continuing, then the holders of trust preferred securities of such
trust would rely on the enforcement by the property trustee of its rights as a holder of the applicable series of subordinated debt securities against us. In addition, the holders of a majority in
liquidation amount of the trust preferred securities of such trust will have the right to direct the time, method and place of conducting any proceeding for any remedy available to the property
trustee or to direct the exercise of any trust or power conferred upon the property trustee to exercise the remedies available to it as a holder of the subordinated debt securities. If the property
trustee fails to enforce its rights under the trust agreement, a holder of trust preferred securities of such trust may institute a legal proceeding directly against us to enforce the property
trustee's rights under the applicable series of subordinated debt securities without first instituting any legal proceeding against the property trustee or any other person or entity. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Notwithstanding,
if an event of default under the applicable trust agreement has occurred and is continuing and such event is attributable to our failure to pay principal or interest on
the applicable series of subordinated debt securities on the date such principal or interest is otherwise payable or in the case of redemption, on the redemption date, then a holder of trust preferred
securities of such trust may directly institute a proceeding for enforcement of payment to such holder of the principal or interest on the applicable series of subordinated debt securities having a
principal amount equal to the aggregate liquidation amount of the trust preferred securities of such holder on or after the respective due date specified in the applicable series of subordinated debt
securities. In connection with such direct action, we will be subrogated to the rights of such holder of trust preferred securities under the
applicable trust agreement to the extent of any payment made by us to such holder of trust preferred securities in such direct action. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="do45301_description_of_preferred_securities_guarantees"> </A>
<A NAME="toc_do45301_1"> </A>
<BR></FONT><FONT SIZE=2><B>  DESCRIPTION OF PREFERRED SECURITIES GUARANTEES    <BR>    </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following description of the terms of the preferred securities guarantee is a summary. It summarizes only those portions of the preferred
securities guarantee which we believe will be most important to your decision to invest in the trust preferred securities. You should keep in mind, however, that it is the preferred securities
guarantee, and not this summary, which defines your rights. There may be other provisions in the preferred securities guarantee which are also important to you. You should read the preferred
securities guarantee itself for a full description of its terms. The preferred securities guarantee is filed as an exhibit to the Registration Statement that includes this prospectus. </FONT> <FONT SIZE=2><I>See</I></FONT><FONT SIZE=2> "Where You Can
Find More Information" for information on how to obtain a copy of the preferred securities guarantee. When we refer in this summary
to trust preferred securities, we mean the trust preferred securities issued by a trust to which the preferred securities guarantee relates. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;At
the same time as the issuance by a trust of its preferred securities, we will execute and deliver a preferred securities guarantee for your benefit, as a holder of the trust preferred
securities. Each preferred securities guarantee will be qualified as an indenture under the Trust Indenture Act. U.S. Bank National Association will act as the independent preferred guarantee trustee
under each preferred securities guarantee for purposes of compliance with the Trust Indenture Act. The terms of each preferred securities guarantee will be those set forth in such preferred securities
guarantee. Each preferred securities guarantee will be held by the preferred guarantee trustee for the benefit of the holders of the trust preferred securities of the applicable trust. </FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


General  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to each preferred securities guarantee, we will agree to pay in full on a subordinated basis, to the holders of the trust preferred
securities issued by a trust, the following guarantee payments, except to the extent paid by such trust, as and when due, regardless of any defense, right of </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>28</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=64,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=800486,FOLIO='28',FILE='DISK123:[18ZBA1.18ZBA45301]DO45301A.;5',USER='CHE108062',CD='23-MAR-2018;16:07' -->
<A NAME="page_do45301_1_29"> </A>

<P style="font-family:times;"><FONT SIZE=2>set-off
or counterclaim which such trust may have or assert. The following payments with respect to trust preferred securities, to the extent not paid by such trust, will be subject to the preferred
securities guarantee:</FONT></P>

<UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> any accrued and unpaid distributions which are required to be paid on such trust preferred securities, to the extent such trust has funds
available; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> the redemption price set forth in the applicable prospectus supplement, which will not be lower than the liquidation amount, and all accrued
and unpaid distributions, to the extent such trust has funds available therefor with respect to any trust preferred securities called for redemption by such trust; and </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> upon dissolution, winding-up or termination of such trust other than in connection with the distribution of subordinated debt securities to the
holders of trust preferred securities or the redemption of all of the trust preferred securities, the lesser of (1)&nbsp;the aggregate of the liquidation amount and all accrued and unpaid
distributions on such trust preferred securities to the date of payment, to the extent such trust has funds available and (2)&nbsp;the amount of assets of such trust remaining available for
distribution to holders of such trust preferred securities in liquidation of such trust. </FONT></DD></DL>
</UL>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Our
obligation to make a guarantee payment may be satisfied by direct payment of the required amounts by us to the holders of trust preferred securities or by causing the applicable
trust to pay such amounts to such holders. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
preferred securities guarantees will be guarantees on a subordinated basis of the related trust obligations under the preferred securities, but will apply only to the extent that the
related trust has funds sufficient to make the payments. The preferred securities guarantees will constitute a guarantee of payment and not of collection. If we do not make interest payments on the
corresponding subordinated debt securities held by the trust, we expect that the trust will not pay distributions on the preferred securities and will not have funds legally available for those
payments. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
preferred securities guarantee, when taken together with our obligations under the subordinated debt securities, the Subordinated Indenture and the trust agreement, including our
obligations to pay costs, expenses, debts and liabilities of such trust other than with respect to the trust securities, will provide a full and unconditional guarantee on a subordinated basis by us
of payments due on the trust preferred securities. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
have also agreed separately to irrevocably and unconditionally guarantee the obligations of the trusts with respect to the common securities (our common securities guarantee) to the
same extent as the preferred securities guarantee, except that upon an event of default under the Subordinated Indenture, holders of trust preferred securities shall have priority over holders of
common securities with respect to distributions and payments on liquidation, redemption or otherwise. </FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Status of the Preferred Securities Guarantees  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unless otherwise indicated in an applicable prospectus supplement, the preferred securities guarantees will constitute our unsecured obligations
and will rank:</FONT></P>

<UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> subordinate and junior in right of payment to all our other liabilities; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> equal with the most senior preferred or preference stock now or hereafter issued by us and with any guarantee now or hereafter entered into by
us in respect of any preferred or preference stock of any of our affiliates; and </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> senior to common stock. </FONT></DD></DL>
</UL>
<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>29</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=2,SEQ=65,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=296187,FOLIO='29',FILE='DISK123:[18ZBA1.18ZBA45301]DO45301A.;5',USER='CHE108062',CD='23-MAR-2018;16:07' -->
<A NAME="page_do45301_1_30"> </A>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
terms of the trust preferred securities provide that each holder agrees to the subordination provisions and other terms of the preferred securities guarantee. </FONT></P>


<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
preferred securities guarantees will constitute a guarantee of payment and not of collection; that is, the guaranteed party may institute a legal proceeding directly against the
guarantor to enforce its rights under the guarantee without instituting a legal proceeding against any other person or entity. </FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Certain Covenants of Allstate  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In each preferred securities guarantee, we will covenant that, so long as any trust preferred securities issued by the applicable trust remain
outstanding, if there shall have occurred any event that would constitute an event of default under such preferred securities guarantee or the trust agreement of such trust, then, unless otherwise set
forth in an applicable prospectus supplement, we shall not:</FONT></P>

<UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> declare or pay any dividend on, make any distributions with respect to, or redeem, purchase or make a liquidation payment with respect to, any
of our capital stock; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> make any guarantee payments with respect to any of our capital stock; or </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> make any payment of principal, interest, or premium on or repay, repurchase or redeem any debt securities (including guarantees) that rank
equal with or junior to such subordinated debt securities. </FONT></DD></DL>
</UL>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;However,
in such circumstances we may:</FONT></P>

<UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> declare and pay dividends on, or make distributions with respect to, our capital stock payable in our common stock; </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> redeem or repurchase any rights, declare a dividend of any rights, or issue any security under any rights plan then in effect; </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> purchase or acquire shares of common stock in order to satisfy our obligations under any employee benefit plan; </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> carry out any reclassification of our capital stock or the exchange or conversion of one class or series of our capital stock for another class
or series of our capital stock; and </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> purchase fractional interests in shares of our capital stock pursuant to the conversion or exchange provisions of such capital stock or the
security being converted or exchanged. </FONT></DD></DL>
</UL>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Modification of the Preferred Securities Guarantees; Assignment  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each preferred securities guarantee may be amended only with the prior approval of the holders of not less than a majority in liquidation amount
of the outstanding trust preferred
securities issued by the applicable trust except with respect to any changes which do not adversely affect the rights of holders of trust preferred securities in which case no vote will be required.
The manner of obtaining any such approval of holders of such trust preferred securities will be as set forth in the applicable prospectus supplement. All guarantees and agreements contained in a
preferred securities guarantee shall bind our successors, assigns, receivers, trustees and representatives and shall inure to the benefit of the holders of the trust preferred securities of the
applicable trust then outstanding. </FONT></P>


<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Termination  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each preferred securities guarantee will terminate as to the trust preferred securities issued by the applicable
trust:</FONT></P>

<UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> upon full payment of the redemption price of all trust preferred securities of such trust; </FONT></DD></DL>
</UL>
<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>30</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=3,SEQ=66,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=579016,FOLIO='30',FILE='DISK123:[18ZBA1.18ZBA45301]DO45301A.;5',USER='CHE108062',CD='23-MAR-2018;16:07' -->
<A NAME="page_do45301_1_31"> </A>
<UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> upon distribution of the subordinated debt securities held by such trust to the holders of the trust preferred securities of such trust; or </FONT> <FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> upon full payment of the amounts payable in accordance with the trust agreement of such trust upon liquidation of such trust. </FONT></DD></DL>
</UL>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each
preferred securities guarantee will continue to be effective or will be reinstated, as the case may be, if at any time any holder of trust preferred securities issued by the
applicable trust must restore payment of any sums paid under such trust preferred securities or such preferred securities guarantee. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
subordination provisions of the subordinated debt securities provide that in the event payment is made on the subordinated debt securities or the preferred securities guarantee in
contravention of such provisions, such payments shall be paid over to the holders of senior indebtedness. </FONT></P>


<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Events of Default  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;An event of default under a preferred securities guarantee will occur upon our failure to perform any of our obligations thereunder. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
holders of a majority in liquidation amount of the trust preferred securities relating to such preferred securities guarantee have the right to direct the time, method and place of
conducting any proceeding for any remedy available to the preferred guarantee trustee in respect of the guarantee or to direct the exercise of any trust or power conferred upon the preferred guarantee
trustee under such trust preferred securities. If the preferred guarantee trustee fails to enforce such preferred securities guarantee, any holder of trust preferred securities relating to such
guarantee may institute a legal proceeding directly against us to enforce the preferred guarantee trustee's rights under such guarantee, without first instituting a legal proceeding against the
relevant trust, the guarantee or any other person or entity. Notwithstanding, if we fail to make a guarantee payment, a holder of trust preferred securities may directly institute a proceeding against
us for enforcement of the preferred securities guarantee for such payment. We waive any right or remedy to require that any action be brought first against such trust or any other person or entity
before proceeding directly against us. </FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Information Concerning the Preferred Guarantee Trustee  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The preferred guarantee trustee, before the occurrence of a default with respect to a preferred securities guarantee, undertakes to perform only
such duties as are specifically set forth in such preferred securities guarantee and, after default, shall exercise the same degree of care as a prudent individual would exercise in the conduct of his
or her own affairs. The preferred guarantee trustee is under no obligation to exercise any of the powers vested in it by a preferred securities guarantee at the request of any holder of preferred
securities, unless offered reasonable indemnity against the costs, expenses and liabilities which might be incurred. </FONT></P>


<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Governing Law  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The preferred securities guarantees will be governed by and construed in accordance with the internal laws of the State of New York. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="do45301_plan_of_distribution"> </A>
<A NAME="toc_do45301_2"> </A>
<BR></FONT><FONT SIZE=2><B>  PLAN OF DISTRIBUTION    <BR>    </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We may sell any series of debt securities, common stock, preferred stock, depository shares, warrants, stock purchase contracts and stock
purchase units and the trusts may sell the trust preferred securities being offered directly to one or more purchasers, through agents, to or through underwriters or dealers, or through a combination
of any such methods of sale. The distribution of the securities may be effected from time to time in one or more transactions at fixed prices, which may be changed, </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>31</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=4,SEQ=67,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=438700,FOLIO='31',FILE='DISK123:[18ZBA1.18ZBA45301]DO45301A.;5',USER='CHE108062',CD='23-MAR-2018;16:07' -->
<A NAME="page_do45301_1_32"> </A>

<P style="font-family:times;"><FONT SIZE=2>at
market prices prevailing at the time of sale, at prices related to such prevailing market prices or at negotiated prices. The prospectus supplement will set forth the terms of the offering,
including the names of any underwriters, dealers or agents, the purchase price of such securities and the proceeds to us and/or a trust from such sale, any underwriting discounts and commissions or
agency fees and other items constituting underwriters' or agents' compensation, any initial public offering price and any discounts or concessions allowed or paid to dealers or any securities exchange
on which such securities may be listed. Any initial public offering price, discounts or concessions allowed or paid to dealers may be changed from time to time. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any
discounts, concessions or commissions received by underwriters or agents and any profits on the resale of securities by them may be deemed to be underwriting discounts and
commissions under the Securities Act of 1933, as amended (the "</FONT><FONT SIZE=2><I>Securities Act</I></FONT><FONT SIZE=2>"). Unless otherwise set forth in the applicable prospectus supplement, the
obligations of underwriters to purchase the offered securities will be subject to certain conditions precedent, and such underwriters will be obligated to purchase all such securities, if any are
purchased. Unless otherwise indicated in the applicable prospectus supplement, any agent will be acting on a best efforts basis for the period of its appointment. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We,
along with the trusts, may enter into derivative transactions with third parties, or sell securities not covered by this prospectus to third parties in privately negotiated
transactions. If the applicable prospectus supplement indicates, in connection with those derivatives, the third parties may sell securities covered by this prospectus and the applicable prospectus
supplement, including in short sale transactions. If so, the third party may use securities pledged by us or the trusts, as applicable, or borrowed from us or the trusts, as applicable, or others to
settle those sales or to close out any related open borrowings of stock, and may use securities received from us or the trusts, as applicable, in settlement of those derivatives to close out any
related open borrowings of stock. The third party in such sale transactions will be an underwriter and, if not identified in this prospectus, will be identified in the applicable prospectus supplement
(or a post-effective amendment). </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We,
along with the trusts, may also offer and sell securities, if so indicated in the applicable prospectus supplement, in connection with a remarketing upon their purchase, in
accordance with a redemption or repayment pursuant to their terms, or otherwise, by one or more firms referred to as remarketing firms, acting as principals for their own accounts or as agents for us
or one of the trusts. Any remarketing firm will be identified and the terms of its agreement, if any, with us or one of the trusts, and its compensation will be described in the applicable prospectus
supplement. Remarketing firms may be deemed to be underwriters under the Securities Act in connection with the securities they remarket. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
may authorize underwriters, dealers or other persons acting as agents for us or one of the trusts to solicit offers by certain institutions to purchase securities from us or one of
the trusts, pursuant to contracts providing for payment and delivery on a future date. Institutions with which such contracts may be made include commercial and savings banks, insurance companies,
pension funds, investment companies, educational and charitable institutions and others, but in all cases such institutions must be approved by us or one of the trusts. The obligations of any
purchaser under any such contract will be subject to the conditions that the purchase of the offered securities shall not at the time of delivery be prohibited under the laws of the jurisdiction to
which such purchaser is subject. The underwriters and such other agents will not have any responsibility in respect of the validity or performance of such contracts. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
connection with the offering of securities, we or any trust, may grant to the underwriters an option to purchase additional securities to cover over-allotments at the initial public
offering price, with an additional underwriting commission, as may be set forth in the accompanying prospectus supplement. If we or any trust grants any over-allotment option, the terms of such
over-allotment option will be set forth in the prospectus supplement for such securities. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>32</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=5,SEQ=68,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=984316,FOLIO='32',FILE='DISK123:[18ZBA1.18ZBA45301]DO45301A.;5',USER='CHE108062',CD='23-MAR-2018;16:07' -->
<A NAME="page_do45301_1_33"> </A>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
securities may be a new issue of securities that have no established trading market. Any underwriters to whom securities are sold for public offering and sale may make a market in
such securities, but such underwriters will not be obligated to do so and may discontinue any market making
at any time without notice. Such securities may or may not be listed on a national securities exchange. No assurance can be given as to the liquidity of or the existence of trading markets for any
securities. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
and the trusts may indemnify agents, underwriters, dealers and remarketing firms against certain liabilities, including liabilities under the Securities Act. Our agents, underwriters,
dealers and remarketing firms, or their affiliates, may be customers of, engage in transactions with or perform services for us, in the ordinary course of business. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="do45301_where_you_can_find_more_information"> </A>
<A NAME="toc_do45301_3"> </A>
<BR></FONT><FONT SIZE=2><B>  WHERE YOU CAN FIND MORE INFORMATION    <BR>    </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We and the trusts have filed a registration statement on Form&nbsp;S-3 with the Securities and Exchange Commission to register the securities
covered by this prospectus. This prospectus forms&nbsp;a part of that registration statement and does not contain all of the information in the registration statement or the exhibits to the
registration statement. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
are subject to the informational requirements of the Exchange Act. Accordingly, we file annual, quarterly and current reports, proxy statements and other information with the
Securities and Exchange Commission. You may review a copy of those reports, statements or other information at the Securities and Exchange Commission's public reference room, which is located at
Room&nbsp;1580, 100&nbsp;F&nbsp;Street, N.E., Washington, D.C.&nbsp;20549. You can also request copies of such documents, upon payment of a duplicating fee, by writing to the SEC's public
reference room. Please call the Securities and Exchange Commission at 1-800-SEC-0330 for further information on the public reference room. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;These
Securities and Exchange Commission filings are also available to the public from commercial document retrieval services and at the Internet site maintained by the Securities and
Exchange Commission at "http://www.sec.gov." Reports, proxy statements and other information concerning us may also be inspected at the offices of the New York Stock Exchange at 20&nbsp;Broad
Street, New York, New York&nbsp;10005. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
have not included any separate financial statements for the trusts. They were omitted because the trusts are our wholly owned subsidiaries, with no independent operations and we
guarantee the fee obligations relating to the trust securities. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Securities and Exchange Commission allows us to "incorporate by reference" information into this prospectus, which means that we can disclose important information to you by
referring you to other documents filed separately with the Securities and Exchange Commission. The information incorporated by reference is considered to be part of this prospectus. Any statement made
in this prospectus or a document incorporated or deemed to be incorporated by reference in this prospectus
will be deemed to be modified or superseded for purposes of this prospectus to the extent that a statement contained in this prospectus or in any other subsequently filed document which is also
incorporated or deemed to be incorporated by reference in this prospectus modifies or supersedes such statement. Any statement so modified or superseded will not be deemed, except as so modified or
superseded, to constitute a part of this prospectus. This prospectus incorporates by reference the documents set forth below that we have previously filed with the Securities and Exchange Commission
(File No.&nbsp;001-11840). These documents contain important business and financial information about us that is not included in or delivered with this prospectus. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>33</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=6,SEQ=69,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=53051,FOLIO='33',FILE='DISK123:[18ZBA1.18ZBA45301]DO45301A.;5',USER='CHE108062',CD='23-MAR-2018;16:07' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:times;"><FONT SIZE=2><A
NAME="page_dq45301_1_34"> </A>

<!-- COMMAND=ADD_BASECOLOR,"#000000" -->




<!-- COMMAND=ADD_DEFAULTFONT,"font-family:times;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->





<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->




<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->




<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


</FONT></P>

<!-- TOC_END -->
<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="dq45301_the_allstate_corporation_filings"> </A>
<A NAME="toc_dq45301_1"> </A>
<BR></FONT><FONT SIZE=2><B>  THE ALLSTATE CORPORATION FILINGS    <BR>    </B></FONT></P>

<UL>
<DL compact>
<DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> Annual Report on Form&nbsp;10-K for the fiscal year ended December&nbsp;31, 2014, filed on February&nbsp;19, 2015, and the portions of
our Proxy Statement, filed April&nbsp;6, 2015, for our 2015 Annual Meeting of Stockholders incorporated by reference into our Annual Report; </FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2>Current Report on Form&nbsp;8-K dated March&nbsp;19, 2015, filed on March&nbsp;20,
2015</FONT><FONT SIZE=2>;</FONT><FONT SIZE=2>
<BR><BR></FONT></DD><DT style='font-family:times;margin-bottom:-11pt;'><FONT SIZE=2>&#149;</FONT></DT><DD style="font-family:times;"><FONT SIZE=2> The description of our common stock contained in Item&nbsp;8.01 of our Current Report on Form&nbsp;8-K, filed on May&nbsp;23, 2012. </FONT></DD></DL>
</UL>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
are also incorporating by reference all other documents subsequently filed by us pursuant to Sections&nbsp;13(a), 13(c), 14 or 15(d) of the Exchange Act, prior to the termination of
this offering. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;You
can request a free copy of any or all of these documents, other than the exhibits to those documents, unless those exhibits are specifically incorporated by reference into these
documents, by writing to: Investor Relations Department, The Allstate Corporation, 2775&nbsp;Sanders Road, Northbrook, Illinois&nbsp;60062-7127, or calling: (800)&nbsp;416-8803. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="dq45301_special_note_regarding_forward-looking_statements"> </A>
<A NAME="toc_dq45301_2"> </A>
<BR></FONT><FONT SIZE=2><B>  SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS    <BR>    </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This prospectus and the documents we incorporate by reference contain "forward-looking statements" that anticipate results based on management's
estimates, assumptions and plans that are subject to uncertainty. These statements are made subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. We assume no
obligation to update any forward-looking statements as a result of new information or future events or developments. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;These
forward-looking statements do not relate strictly to historical or current facts and may be identified by their use of words like "plans," "expects," "will," "anticipates,"
"estimates," "intends," "believes," "likely" and other words with similar meanings. These statements may address, among other things, our strategy for growth, product development, regulatory
approvals, market position, expenses, financial results and reserves. Management believes that these statements are based on reasonable estimates, assumptions and plans. However, if the estimates,
assumptions or plans underlying the forward-looking statements prove inaccurate or if other risks or uncertainties arise, actual results could differ materially from those communicated in these
forward-looking statements. In addition to the normal risks of business, we are subject to significant risks and uncertainties which are described in our filings with the Securities and Exchange
Commission referred to above in "Where You Can Find More Information," including those identified under the caption "Risk Factors" in our Annual Report on Form&nbsp;10-K for the year ended
December&nbsp;31, 2014, and as may be described in our subsequent filings. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="dq45301_legal_opinions"> </A>
<A NAME="toc_dq45301_3"> </A>
<BR></FONT><FONT SIZE=2><B>  LEGAL OPINIONS    <BR>    </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The validity of the securities offered hereby will be passed upon for us by Willkie Farr&nbsp;&amp; Gallagher&nbsp;LLP, New York, New York,
counsel for Allstate, and certain matters of Delaware law relating to the validity of the trust preferred securities of Allstate Financing VII, VIII, IX and X will be passed upon for the trusts by
Richards, Layton&nbsp;&amp; Finger, P.A., Wilmington, Delaware, special Delaware counsel for the trusts. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="dq45301_experts"> </A>
<A NAME="toc_dq45301_4"> </A>
<BR></FONT><FONT SIZE=2><B>  EXPERTS    <BR>    </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The consolidated financial statements and the related financial statement schedules, incorporated in this Prospectus by reference from The
Allstate Corporation's Annual Report on Form&nbsp;10-K, and the effectiveness of The Allstate Corporation's internal control over financial reporting have been audited by Deloitte&nbsp;&amp;
Touche&nbsp;LLP, an independent registered public accounting firm, as stated in their reports which are incorporated herein by reference. Such consolidated financial statements and financial </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>34</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>

<!-- ZEQ.=1,SEQ=70,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=1046500,FOLIO='34',FILE='DISK123:[18ZBA1.18ZBA45301]DQ45301A.;5',USER='CHE108062',CD='23-MAR-2018;16:07' -->
<A NAME="page_dq45301_1_35"> </A>

<P style="font-family:times;"><FONT SIZE=2>statement
schedules have been so incorporated in reliance upon the reports of such firm given upon their authority as experts in accounting and auditing. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><A
NAME="dq45301_erisa_matters"> </A>
<A NAME="toc_dq45301_5"> </A>
<BR></FONT><FONT SIZE=2><B>  ERISA MATTERS    <BR>    </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following is a summary of certain considerations associated with the purchase, holding and, to the extent relevant, disposition of the
securities to be offered under this prospectus by an employee benefit plan subject to Title I of the Employee Retirement Income Security Act of 1974, as amended
("</FONT><FONT SIZE=2><I>ERISA</I></FONT><FONT SIZE=2>"), a plan described in Section&nbsp;4975 of the Internal Revenue Code of 1986, as amended (the
"</FONT><FONT SIZE=2><I>Code</I></FONT><FONT SIZE=2>"), including an individual retirement account ("</FONT><FONT SIZE=2><I>IRA</I></FONT><FONT SIZE=2>") or a Keogh plan, a plan subject to
provisions under applicable federal, state, local, non-U.S. or other laws or regulations that are similar to the provisions of Title I of ERISA or Section&nbsp;4975 of the Code
("</FONT><FONT SIZE=2><I>Similar Laws</I></FONT><FONT SIZE=2>") and any entity whose underlying assets include "plan assets," as determined pursuant to Section&nbsp;2510.3-101 of the regulations of
the U.S. Department of Labor, as modified by Section&nbsp;3(42) of ERISA, by reason of any such employee benefit or retirement plan's investment in such entity (each of which we refer to as a
"</FONT><FONT SIZE=2><I>Plan</I></FONT><FONT SIZE=2>").Any fiduciary or other Plan investor considering whether to purchase the securities with "plan assets" should determine whether such purchase is
consistent with its fiduciary duties and whether such purchase would constitute or result in a non-exempt prohibited transaction under ERISA and/or Section&nbsp;4975 of the Code. We and certain of
our affiliates may each be considered a Party in Interest (as defined below) with respect to many employee benefit plans. Prohibited transactions within the meaning of ERISA or the Code may arise, for
example, if the offered securities are acquired by a pension or other employee benefit plan with respect to which we or any of our affiliates is a service provider (or otherwise is a Party in
Interest), unless such offered securities are acquired pursuant to an exemption for transactions effected on behalf of such plan, as described further below under "Prohibited Transaction Issues." </FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


General Fiduciary Matters  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ERISA and the Code impose certain duties on persons who are fiduciaries of a Plan subject to Title I of ERISA or Section&nbsp;4975 of the Code
(an "</FONT><FONT SIZE=2><I>ERISA Plan</I></FONT><FONT SIZE=2>") and prohibit certain transactions involving the assets of an ERISA Plan with its fiduciaries or others who are a Party in Interest. In
general, under ERISA and the Code, any person who exercises any discretionary authority or control over the administration of an ERISA Plan or the management or disposition of the assets of an ERISA
Plan, or who renders investment advice for a fee or other compensation to an ERISA Plan, is generally considered to be a fiduciary of the ERISA Plan. Plans that are governmental plans (as defined in
Section&nbsp;3(32) of ERISA), certain church plans (as defined in Section&nbsp;3(33) of ERISA or Section&nbsp;4975(g)(3) of the Code) and non-U.S. plans (as described in Section&nbsp;4(b)(4)
of ERISA) are not subject to the requirements of ERISA or Section&nbsp;4975 of the Code, but may be subject to similar prohibitions under Similar Laws. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
considering the purchase, holding and, to the extent relevant, disposition of the securities to be offered under this prospectus with a portion of the assets of a Plan, a fiduciary
should determine whether the investment is in accordance with the documents and instruments governing the Plan and the applicable provisions of ERISA, the Code or any Similar Law relating to a
fiduciary's duties to the Plan including, without limitation, the prudence, diversification, delegation of control and prohibited transaction provisions of ERISA, the Code and any other applicable
Similar Laws. </FONT></P>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Prohibited Transaction Issues  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;406 of ERISA prohibits ERISA Plans from engaging in specified transactions involving "plan assets" with persons or entities who
are "parties in interest," within the meaning of Section&nbsp;3(14) of ERISA, and Section&nbsp;4975 of the Code imposes an excise tax on certain "disqualified persons," within the meaning of
Section&nbsp;4975 of the Code ("parties in interest" and "disqualified persons" each </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>35</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=2,SEQ=71,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=102787,FOLIO='35',FILE='DISK123:[18ZBA1.18ZBA45301]DQ45301A.;5',USER='CHE108062',CD='23-MAR-2018;16:07' -->
<A NAME="page_dq45301_1_36"> </A>

<P style="font-family:times;"><FONT SIZE=2>referred
to herein as a "</FONT><FONT SIZE=2><I>Party in Interest</I></FONT><FONT SIZE=2>"), who engage in similar transactions, in each case unless an exemption is available. A Party in Interest who
engages in a non-exempt prohibited transaction may be
subject to excise taxes and other penalties and liabilities under ERISA and the Code. In addition, the fiduciary of an ERISA Plan that engages in such a non-exempt prohibited transaction may be
subject to penalties and liabilities under ERISA and the Code. In the case of an IRA, the occurrence of a prohibited transaction could cause the IRA to lose its tax-exempt status. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
or the underwriters may each be a Party in Interest with respect to ERISA Plans and the purchase and/or holding of any of the securities to be offered hereby by an ERISA Plan with
respect to which the issuer, the underwriters or a guarantor (or certain of our or their affiliates) is considered a Party in Interest may constitute or result in a direct or indirect prohibited
transaction under Section&nbsp;406 of ERISA and/or Section&nbsp;4975 of the Code, unless the investment is acquired and is held in accordance with an applicable statutory, class or individual
prohibited transaction exemption. In this regard, the U.S. Department of Labor has issued prohibited transaction class exemptions, or "PTCEs," that may apply to the purchase and holding of the
securities. These class exemptions include, without limitation, PTCE 84-14 respecting transactions determined by independent qualified professional asset managers, PTCE 90-1 respecting insurance
company pooled separate accounts, PTCE 91-38 respecting bank collective investment funds, PTCE 95-60 respecting life insurance company general accounts and PTCE 96-23 respecting transactions
determined by in-house asset managers. In addition, Section&nbsp;408(b)(17) of ERISA and Section&nbsp;4975(d)(20) of the Code each provides a limited exemption, commonly referred to as the
"service provider exemption," from the prohibited transaction provisions of ERISA and Section&nbsp;4975 of the Code for certain transactions between an ERISA Plan and a person that is a Party in
Interest and/or a disqualified person (other than a fiduciary or an affiliate that, directly or indirectly, has or exercises any discretionary authority or control or renders any investment advice
with respect to the assets of any ERISA Plan involved in the transaction) solely by reason of providing services to the Plan or by relationship to a service provider, provided that the ERISA Plan
receives no less, nor pays no more, than adequate consideration. There can be no assurance that all of the conditions of any such exemptions will be satisfied at the time that the securities are
acquired by a purchaser, or thereafter, if the facts relied upon for utilizing a prohibited transaction exemption change. In any event, each purchaser or holder of a security to be offered under this
prospectus or any interest therein will be deemed to have represented by its purchase and holding thereof that either (i)&nbsp;it is not a Plan or acting on behalf of a Plan or acquiring the
security with "plan assets" or (ii)&nbsp;the acquisition and holding of the security is exempt pursuant to one or more foregoing prohibited transaction exemptions issued by the Department of Labor
or another applicable statutory or administrative exemption. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Moreover,
because the purchase and/or holding of the securities may be deemed to be an indirect extension of credit between an investor and Allstate, no security may be purchased or held
by any Plan if we or any of our affiliates (i)&nbsp;has investment or administrative discretion with respect to the "plan assets" used to effect such purchase or (ii)&nbsp;has authority or
responsibility to give, or regularly gives, investment advice with respect to such "plan assets," for a fee and pursuant to an agreement or understanding that such advice (x)&nbsp;will serve as a
primary basis for investment decisions with respect to such "plan assets," and (y)&nbsp;will be based on the particular investment needs of such Plan. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Because
of the foregoing, the securities to be offered under this prospectus should not be acquired or held by any person investing "plan assets" of any Plan, unless such acquisition and
holding will not constitute a non-exempt prohibited transaction under ERISA or Section&nbsp;4975 of the Code or similar violation of any applicable Similar Laws for which there is no applicable
statutory, regulatory or administrative exemption. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>36</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=3,SEQ=72,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=167771,FOLIO='36',FILE='DISK123:[18ZBA1.18ZBA45301]DQ45301A.;5',USER='CHE108062',CD='23-MAR-2018;16:07' -->
<A NAME="page_dq45301_1_37"> </A>

<P style="font-family:times;;margin-left:10.0pt;text-indent:-10.0pt;"><FONT SIZE=2><B>


<!-- COMMAND=STYLE_ADDED,"margin-left:10.0pt;text-indent:-10.0pt;" -->


Representation  </B></FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each purchaser and holder of a security to be offered under this prospectus will be deemed to have represented and warranted that either
(i)&nbsp;it is not a Plan, and no portion of the assets used to acquire or hold the security constitutes assets of any Plan or (ii)&nbsp;the purchase and holding of a security offered under this
prospectus will not constitute a prohibited transaction under Section&nbsp;406 of ERISA or Section&nbsp;4975 of the Code or similar violation under any applicable Similar Laws for which there is
no applicable statutory, regulatory or administrative exemption. </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
foregoing discussion is general in nature and is not intended to be all-inclusive. Due to the complexity of these rules and the penalties that may be imposed upon persons involved in
non-exempt prohibited transactions, it is particularly important that fiduciaries or other persons considering purchasing the security on behalf of, or with the assets of, any Plan, consult with their
counsel regarding the potential applicability of ERISA, Section&nbsp;4975 of the Code and any Similar Laws to such investment and whether an exemption would be applicable to the purchase and holding
of the security. The acquisition, holding and, to the extent relevant, disposition of the securities to be offered under this prospectus by or to any Plan is in no respect a representation by us or
any of our affiliates or representatives that such an investment meets all relevant legal requirements with respect to investments by such Plans generally or any particular plan, or that such an
investment is appropriate for Plans generally or any particular Plan. </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2>37</FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=4,SEQ=73,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=693577,FOLIO='37',FILE='DISK123:[18ZBA1.18ZBA45301]DQ45301A.;5',USER='CHE108062',CD='23-MAR-2018;16:07' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->

<P style="font-family:times;"><FONT SIZE=2>

<!-- COMMAND=ADD_BASECOLOR,"#000000" -->




<!-- COMMAND=ADD_DEFAULTFONT,"font-family:times;" -->




<!-- COMMAND=ADD_TABLESHADECOLOR,"#CCEEFF" -->




<!-- COMMAND=ADD_STABLERULES,"border-bottom:solid #000000 1.0pt;" -->




<!-- COMMAND=ADD_DTABLERULES,"border-bottom:double #000000 2.25pt;" -->





<!-- COMMAND=ADD_SCRTABLERULES,"border-bottom:solid #000000 1.0pt;margin-bottom:0pt;" -->




<!-- COMMAND=ADD_DCRTABLERULES,"border-bottom:double #000000 2.25pt;margin-bottom:0pt;" -->


</FONT> <FONT SIZE=2><A HREF="#bg45301a_main_toc">Table of Contents</A> </FONT></P>

<P style="font-family:times;"><FONT SIZE=2>&nbsp;<BR></FONT></P>


<P style="font-family:times;"><FONT SIZE=2><div
style="width:100%;border-top:solid #000000 3.0pt;padding:0in 0in 0in 0in;font-size:3.0pt;"></div>
<div style="width:100%;border-top:solid #000000 1.0pt;padding:0in 0in 0in 0in;font-size:4.0pt;"></div> </FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=5><B>The Allstate Corporation  </B></FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=4><B>$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Floating Rate Senior Notes due 2021  </B></FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=4><B> $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Floating Rate Senior Notes due 2023  </B></FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=4><I>

<!-- COMMAND=ADD_LINERULETXT,NOSHADE  COLOR="#000000" SIZE="1.0PT" WIDTH="26%" ALIGN="CENTER" -->
<HR NOSHADE  COLOR="#000000" SIZE="1.0PT" WIDTH="26%" ALIGN="CENTER" >


 </I></FONT><FONT SIZE=4><B>

<!-- COMMAND=ADDING_LINEBREAK -->

<BR>  </B></FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=4><B>
<IMG SRC="g155572.jpg" ALT="LOGO" WIDTH="298" HEIGHT="91">
  </B></FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=4><I>


<!-- COMMAND=ADD_LINERULETXT,NOSHADE  COLOR="#000000" SIZE="1.0PT" WIDTH="26%" ALIGN="CENTER" -->
<HR NOSHADE  COLOR="#000000" SIZE="1.0PT" WIDTH="26%" ALIGN="CENTER" >


 </I></FONT><FONT SIZE=4><B>

<!-- COMMAND=ADDING_LINEBREAK -->

<BR>  </B></FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=3><B>PROSPECTUS SUPPLEMENT  </B></FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><B>March&nbsp;&nbsp;&nbsp;&nbsp;, 2018  </B></FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><I>


<!-- COMMAND=ADD_LINERULETXT,NOSHADE  COLOR="#000000" SIZE="1.0PT" WIDTH="26%" ALIGN="CENTER" -->
<HR NOSHADE  COLOR="#000000" SIZE="1.0PT" WIDTH="26%" ALIGN="CENTER" >


 </I></FONT><FONT SIZE=2><B>

<!-- COMMAND=ADDING_LINEBREAK -->

<BR>  </B></FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=2><I>Joint Book-Runners  </I></FONT></P>

<P ALIGN="CENTER" style="font-family:times;"><FONT SIZE=5><B>BofA Merrill Lynch<BR>
J.P. Morgan<BR>
Morgan Stanley<BR>
Wells Fargo Securities  </B></FONT></P>
 <p style="font-family:times;line-height:1pt;margin-left:18pt;"><font> </FONT> <FONT SIZE=2>

<!-- BLANK LINE TO FORCE PARA -->
&nbsp;&nbsp;&nbsp;
</font></p>

<P style="font-family:times;"><FONT SIZE=2><div
style="width:100%;border-top:solid #000000 1.0pt;padding:0in 0in 0in 0in;font-size:3.0pt;"></div>
<div style="width:100%;border-top:solid #000000 3.0pt;padding:0in 0in 0in 0in;font-size:4.0pt;"></div> </FONT></P>

<HR NOSHADE>
<P style='font-family:times;page-break-before:always'></p>
<!-- ZEQ.=1,SEQ=74,EFW="2235041",CP="ALLSTATE CORPORATION",DN="1",CHK=93434,FOLIO='blank',FILE='DISK123:[18ZBA1.18ZBA45301]HO45301A.;11',USER='CHE108062',CD='23-MAR-2018;16:07' -->
<!-- THIS IS THE END OF A COMPOSITION COMPONENT -->
<BR>
<!-- TOCEXISTFLAG -->
</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>g363336.jpg
<DESCRIPTION>G363336.JPG
<TEXT>
begin 644 g363336.jpg
M_]C_X  02D9)1@ ! 0$ PP##  #__@ Y35),3%]'4D%02$E#4SI;04Q,4U1!
M5$5=04Q,4U1!5$5?2$%.1%]035-?2%1-3%],3T=/+D504__; $,  0$! 0$!
M 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! ?_; $,! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! ?_  !$( %(!
M#@,!(@ "$0$#$0'_Q  ?   !! (# 0$             !P@)"@$& @4+! /_
MQ !%$   !P ! @0# @H%"P4    ! @,$!08'"  1"1(3%!4A,0H6%Q@B(SA!
M47&1L6%W@;2W&20E,CE"4G)XM=%38J&G\/_$ !P! 0 # 0$! 0$
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MD)@ ?V"(!TZ=9Z.L 8HCV Q1']@" CT"8H?40#]X@'\^G3S']>L]'6 $!#N
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M4I+%1")D%C)/'#@Y&R,./R<@K]-\I'E*SC/<Z@R3D6XL%A7H^<)'2JA;U=Y
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MA$DB)M6+-%K&L$6\>R:MTNXAH2)KL:VB(..:1<:T*)6[-DB1!!/SF$ZA_*0
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M15G[V*ZA56EB40-291+G/7(V&2V*/RKL]Q_FG-<'FG(=#8O%QN4%F<?)M*,
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M+#18XD;#O()]8+Q<YV%<7"T3LFXFT)IS&B]C&0L6:3>0D_6.^/>/\I?^$O\
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M-FUR)KF:V8U-@LQ\.=%B!6/W,6DDAGF:[8LD801@<L69@6A<D[&\0Y3P/CW
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FG1T='1TZ='1T='3IT='1T=.G1T='1TZ='1T='3IT='1T=.G7_]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>g155572.jpg
<DESCRIPTION>G155572.JPG
<TEXT>
begin 644 g155572.jpg
M_]C_X  02D9)1@ ! 0$ UP#7  #__@ Y35),3%]'4D%02$E#4SI;04Q,4U1!
M5$5=04Q,4U1!5$5?2$%.1%]035-?2%1-3%],3T=/+D504__; $,  0$! 0$!
M 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! ?_; $,! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! ?_  !$( %H!
M*@,!(@ "$0$#$0'_Q  ?   " P # 0$! 0          "0<("@4&"P,$ @'_
MQ !.$  !! (! P(# @@)!@T%   $ @,%!@$'"  1$@D3%!4A%B(*%S$Y=H&1
MM2,R-D%187>W\!A7<7BAMAD:)"4S-3<X0D18DI>6L=;7\?_$ !P! 0 " P$!
M 0             &!P0%" ,""?_$ #81  (#  $$ 0,# @,&!P    (# 00%
M!@ '$1(3%"$B"#%!%2,64K4D.%%C<78R-C=R<X&1_]H # ,!  (1 Q$ /P#?
MQT='7R??9&9=((=;8'8:<>??>6EIEEEI.5NNNNKRE#;3:$J6XXM24(0G*E*P
MG&<X?O\ MT_;]^OKU^(Z2CXQKWY$T4%GOVPZ6^TPA6>^,8PA3JDX6K.5)3A*
M/)65*3C&.^<=0ALO=%<H50.OEML+%!U^,ID9BQ'AO&66SG&+]N.BJ15OAWS9
M&2EWO%B&9S'R,I+*7[D= +#RB2S5<G_*0W+&D6..-(XGZ[.;?2$40)$W;E):
M 7T*;P7)2E@3-4K3@9K*DNLPH8%JM .,-94Y NH^#1NZ.&^VOZA[D4:<,^&;
M=J6"J71$$2%"I3K%AXP0R:ZE>R=># K4(60G.BO[J:C(K5J]C0O$J'#4J"LF
M"F2D1L.-S45JM<I$_B;<L5@L^AC4*PP""+TSVQZI6@7I2;D68F+8&>)<E9LD
M&M1.,,N>VMM,K:#(2/4[CLIQ2<$92AK&''%H2XUER#)+FSQDCO9QG=&KR5O-
MI6I E^K1_M*5C.<MK>BC9$7.4X_*I!"D=_HE6?IG-?-F:OT5R*,CTW "J,;X
MKT(- 56R6T',FQ/QP"W%L"OD2(K\8R64:\\IPECVIQLMQ3C2"H[L+TNS9NNY
MW6LL]6K+7GZP8TWYL!.#M,"$"]\MH)C2 ^X!P>5)]M) 3CK:58]ISVW4Y;3+
ML'B>'I>J;=S25?B))E3XT5O*_/@6UF'-B;:)CQ/S"I,B4R!J&8CS%MWD^_GR
M3JE;,*CY@5V).Q;GW_'^W8 (JC4?$S,2DF/@A\&MA1YB'>UWE3H>UN CU[:&
MOY@P]_V&@0;U4,&8SG&,I5@60F8\E[OC/_1CLO/?S8:4KZ=2^S<(%;;;A)2H
MY#RE89=DF'0A7\8=;9;<8D'$YCGVGUNMX'<9,<2]Y=D9SE*\(S'TG1ERWK;A
MJ?1X3YD2\ZWB3F"1G,P-:!RI'O2D](8;4T(.PVK+K0N',R$BO*!X]AUU?DB3
MM[;VOG%&0C..W'\^0IT)KPYJ6M]YE78*P6';UH*$S@@A("B9V*J^MV,J<% K
M2&!)61<%0X8R"(/AV<VUKMK2L7T9F+K2W18L[+JMSXP&K4&(\/L6521Q+&&M
M*$+IL:TBED_&A;6AI4=RKM2D_3VLGX\Y; K)M4OD,[5LYB917K.@ *%J%KGN
M9=6M0C"H^2PQ*CTCMNMO-H=:<0XVXG"VW&U)6A:58\DJ0M.<I6G./KA2<YQG
M'UQGK^^DE<6/48J]^DH^E[&6'JZ_%K:&!G(GLQ1K.2GQQAL^!*<=CXXTM6%)
M<4&L9S*582.0"C"5);A 7M)!8T/866(V2+RA$8>*XIV"GEJ;RO#<>2YG*Q)!
M:$*=3$&K4^ZS_#1I<JRAUUJ!;O%]CCUHJNC5-3(&3"?'D'*B?'S(,?(.5Y_<
MED1!XGY07/VZG^%RC'Y%4"YFVEN410!Q$^#0V8C^S864":'??["P8$_M\1LB
M8F9%Z.CHZCO4AZ.CHZ.G3HZ.CHZ=.CHZ.CITZ.CHZ.G3HZ.CHZ=.CHZ.CITZ
M.CHZ.G3HZ.CHZ=.CHZ.CITZ.CHZ.G3HZ.CHZ=.CHZ.CITZ.CHZ.G3HZ@>\7F
MN 0%JV'=I!N.U1KIDZ1(6O'O-V20@W/$@_(V/'YH('*MHAJM#-Y=Q8+-GXC#
M!&6(3SDJ\FG!ULUN*<RS*RKP$#&$)6XVH4Z>/&B&CD+::>RE<=@Q<@E2D8;\
MA<8<6A&<K2L7U!+H/%&:9T7%> \ &P]LRP@X7G/NA5 D: UU'$XRYE3PB["_
M*6!Q+J%X)/JPCJEY6TO"I#QS*G6TJE/R0P]C):P/'LJK55]1;-<SY@7$J(37
M(HD8:?WCSZD,>Y'J_P!*SK-J( B4"A4MGGT;:M.&O4%D#^1(6PI?9$9$I4OS
M$R/M$]HH.U8O>]B(O._=(QL89JF"MVRM8VV&FW3W*56R\B,D4VW G'#_  &R
MR DAMHG8020B)=:Y",CR8$R.=:E_MC:ED)AR5V.3;6;*E+DL0XC PL/4Q7QV
M$"U6(2RA)!8\2RWXFRTB^3(34N[(R65"B/B1P41"2K55XLYL2UI23M/9@<&\
MXI&7<+KM-0=(X$]W"LX9R3-1;SCR%IS\0RM3:TKQE"D5\-V(A[.&6GG'GG'$
MH;0GR6MUUQ>$(0A*<Y4MQQQ24H0GNI:\X2G&<YQU8Z,55MUJ45X54JV2IU4>
M[W*K#5F"L16^H:Z:XMN->3A64";%_)^/R&,P,M8Z2D?/:)UFQ6BY8>05U.LG
M9@13-B:RD \E4U5Q0;!(P64+\E\8%U(=]M2'O=5DC./O95C*5>&?+&>Z58\<
MXSA6,Y3E*L=LXSCOC.,XQU*U"L#7+O6L]HBT'L)VC26![+K6X'YPZ83#-&B@
MRX9S^4*=*="%?;#+;\E9DA"8PQ]"R8IQ]5 ;;;WLNDL/>ZR^PXZP\.^A;3K#
M[+BVGF7F7$I<:>9=2IIQIQ*5MN)4A:4JPK'7.<0=C.UGE=J![+ZDL3UA+IQ2
M<8\\/-6R+-BQVU)[X[)^:JC',*[Y\%-X<[*PGMU)+> ?]&LW*\?'>RT-T\]\
M1'N#JB_GF(^TP06%KE#5E'HP&>"B?$3$85R%<[%:I8GWI:CU9UY)3^+$6VBC
MWGQXD6(,X>M@^"6P(F)_?SS_ #'W0W6)F0XUZ?-*J>IM:JS7YT>"/?"-V!<$
MCHQ99:WR@+K)<RTP6M4;\ 2\X(08(806TZU@ 8!9![HS"'$#,##-Y6MS*!AV
M1T+<7_&<4EI#>%N+SC'DM7=:_''?/9.,=29N]9D/MS:L-*/D/'QFRKX$:Z5C
M"22"6+5+)<?(3CZ8<>SV>7C';'=SNGMCQQU'QE0GWM=O[12VSFI,WMC7*G\.
MJR5BR$5E^V);RQAO+:!/E+"L8(6]A2R5^PVRK"'7$6?QS.J9.7G@)CYLA7)E
MDY\-T+MD!,[#3F/9S[+"(_)R1#[0 S # C4?)M2UJ:F@9!,S6.P(5PC\*%*L
M<@-=(#^*J]58B$^OJ,R,D4R1%,V)X9:2T=R0OTUIS:,I<JM;Y\4::UI;*I+@
M#M^_ 8((LM6-BI6//CB2Y6.6W*Q<BM*2A,Q)C0RD+SCWF@:EYHZ5(W23PV @
M+D!6*>(1KRO73:LJ4]9;O<JM(%!3(DF&>VP?%MX>#SF!./<%F#BVOF;$=##-
MAMY0AKO8DCJW9=!V5$N*;.HMO@[0WVSG'NLQ1[+YXZNR5?P1<=\8([C*<^3;
MRD^.>_TMSZK%>9HW+X+:%#+R#G8U,U]N6%*#2L93$VE),,LU"_KA3DBJM!'D
M*1GME9K^',=UYRK4\@XRK>Y,K)T[EXJ>MAW[.''U#/ILO>SBIJL.!(Q$D#ZC
M4,A1G\(R%PA5\SA8K.X_RIW'.,'M95.@-O'W\^KR&(KK^IV./:06V5TFXY\
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M<J[#R7VJ2Z30=0GVK?.U+Q(D,-PPLVRB3D*='N'2"_AW7R);V#(B-97EY,9
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M1X9%B!(%EJM8R1A1!!D'2\ 1)_"#,B8D$L(0E*MI/\&EUT\9[D/RRO@ &/\
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5_"-X:?;QESSFGHZ=.CHZ.CITZ__9

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