NU Online News Service, Sept. 2, 2004, 5:52 p.m. EDT
U.S. life sales sputtered in the second quarter despite a rebound in sales of variable life products.[@@]
The number of new U.S. individual life policies sold was 2% lower during the second quarter than it was during the second quarter of 2003, according to LIMRA International, Windsor, Conn.
Universal life sales revenue soared 30% in the first quarter but flattened out in the second quarter.