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Cotton States Reports Higher 4th Quarter Net Income

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NU Online News Service, Feb. 28, 12:04 p.m. – Cotton States Life Insurance Company, Atlanta, is reporting $2 million in net income for the fourth quarter of 2002 on $13 million in revenue, up from $1.8 million in net income on $13 million in revenue for the fourth quarter of 2001.

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The company sells term life, whole life, universal life and other products. It reports sales of whole life policies for use in the funeral insurance market have been particularly strong.