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While total life sales declined year-over-year, primarily due to the sale of affiliated retail distribution, annualized life premium rose 10 percent. insurance, annualized life premium rose 18 percent from last Annualized life premium increased 47 percent in the second quarter of 2001 over the first quarter of 2001, benefiting from private placement sales and new product introductions; total life insurance sales decreased 30 percent as a result of a decline in single premium sales. |
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