A protection device for a fishing lure includes a fishing lure and a hook-releasing unit. The hook-releasing unit can be disposed outside or inside the fishing lure. An end of the hook-releasing unit is connected to a fishing line of a fishing rod. The other end of the hook-releasing is movably connected to a cord of a fishhook. An end of the hook-releasing unit connected to the fishing line has an elastic force of a specific load. When the fishhook is hooked at the bottom of water, pulling the fishing line will generate a force larger than the elastic force of the elastic body to thereby release the hook-releasing unit from the cord of the fishhook, so that the fishing lure can be taken back. The present invention is simple in structure, easy to use, and suitable for all existing fishing lure, and protects a wide range of fishing lures.