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                UNITED STATES SECURITIES AND EXCHANGE COMMISSION

                              Washington, DC 20549

                               FORM 13F COVER PAGE

Report for the Calendar Year or Quarter Ended: December 31, 2012

Check here if Amendment [ ] Amendment Number: _______

    This Amendment (Check only one):  [ ] is a restatement.
                                      [ ] adds new holdings entries.

Institutional Investment Manager Filing this Report:

Name:    Torchmark Corporation
Address: 3700 South Stonebridge Drive
         McKinney, Texas 75070

Form 13F File Number: 28-1112

The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists and tables are considered integral parts of this form.

Person Signing this Report on Behalf of Reporting Manager:

Reporting Manager:

Name:   Carol A. McCoy
Title:  Vice President, Associate Counsel & Secretary
Phone:  205-325-4243

Signature, Place and Date of Signing:

/s/ Carol A. McCoy
-----------------------------------
(Signature)
Birmingham, AL
January 28, 2013

Report Type (Check only one):

[X]  13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager
     are reported in this report.)

[ ]  13F NOTICE. (Check here if no holdings reporting are in this report and all
     holdings are reported by other reporting manager(s).)

[ ]  13F COMBINATION REPORT. (Check here if a portion of the holdings for this
     reporting manager are reported in this report and a portion are reporting
     by other reporting manager(s).)

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                              FORM 13F SUMMARY PAGE

                                 REPORT SUMMARY:

Number of Other Included Managers:                0
Form 13F Information Table Entry Total:          23
Form 13F Information Table Value Total:     $89,928
                                         (thousands)

List of Other Included Managers:  None

    Provide a numbered list of the name(s) and Form 13F file number(s) of all
    institutional investment managers with respect to which this report is
    filed, other than the manager filing this report. [If there are no entries
    in this list, state "NONE" and omit the column headings and list entries.]

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                           FORM 13F INFORMATION TABLE

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<CAPTION>

            Column 1           Column 2  Column 3   Column 4            Column 5        Column 6    Column 7        Column 8
     ------------------------  --------  --------   --------   -----------------------  ----------  --------  ---------------------
                                                                                                                     Voting
             Name of           Title of               Value    Shrs or            Put/  Investment   Other          authority
             Issuer              Class     CUSIP    (x $1000)  prn amt   SH/PRN   Call  Discretion  Managers  Sole   Shared    None
---  ------------------------  --------  ---------  ---------  -------  --------  ----  ----------  --------  ----  ---------  ----
<S>  <C>                       <C>       <C>        <C>        <C>      <C>       <C>   <C>         <C>       <C>   <C>        <C>
  1  AFLAC INC                 COMMON    001055102       2868    54000      SH              SOLE                X
  2  ALTRIA GROUP INC          COMMON    02209S103       3741   119000      SH              SOLE                X
  3  AMERICAN EXPRESS CO       COMMON    025816109       4368    76000      SH              SOLE                X
  4  APPLE INC                 COMMON    037833100       1064     2000      SH              SOLE                X
  5  ARGO GROUP INTERNATIONAL
     HOLDINGS LTD.             COMMON    G0464B107        355    10561      SH              SOLE                X
  6  AT&T INC.                 COMMON    00206R102       1888    56000      SH              SOLE                X
  7  BALL CORP                 COMMON    058498106       2864    64000      SH              SOLE                X
  8  CATERPILLAR INC           COMMON    149123101        896    10000      SH              SOLE                X
  9  CHEVRON CORP              COMMON    166764100       4542    42000      SH              SOLE                X
 10  CVS CORP                  COMMON    126650100       2369    49000      SH              SOLE                X
 11  DIRECTV COM               COMMON    25490A101       2959    59000      SH              SOLE                X
 12  EXXON MOBIL CORP          COMMON    30231G102       3938    45500      SH              SOLE                X
 13  GENERAL ELECTRIC CO       COMMON    369604103        987    47000      SH              SOLE                X
 14  IBM CORP                  COMMON    459200101      13332    69600      SH              SOLE                X
 15  JOHNSON & JOHNSON         COMMON    478160104       3155    45000      SH              SOLE                X
 16  KIMBERLY CLARK CORP       COMMON    494368103       2026    24000      SH              SOLE                X
 17  MCDONALD'S CORP           COMMON    580135101       2646    30000      SH              SOLE                X
 18  MEDTRONIC INC             COMMON    585055106       3364    82000      SH              SOLE                X
 19  NATIONAL OILWELL VARCO
     INC                       COMMON    637071101       1470    21500      SH              SOLE                X
 20  PHILIP MORRIS INTL INC    COMMON    718172109        962    11500      SH              SOLE                X
 21  TARGET CORP               COMMON    87612E106       3787    64000      SH              SOLE                X
 22  TORCHMARK CORP            COMMON    891027104      18937   366500      SH              SOLE                X
 23  WAL-MART STORES INC       COMMON    931142103       7410   108600      SH              SOLE                X
</TABLE>