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LIFEUSA REPORTS RECORD MONTH -- OVER $100 MILLION OF PREMIUMS COLLECTED FOR APRIL

 MINNEAPOLIS, May 5 /PRNewswire/ LifeUSA Insurance Company, a wholly owned subsidiary of Life USA Holding, Inc. (NASDAQ-NMS: LUSA) today reported $111.4 million of total collected life and annuity premiums for the month of April (including premiums collected under an administrative agreement with Allianz Life Insurance of North America). This amount represents a 116 percent increase over the $51.5 million collected in April of 1992, and is the single largest premium month in the six year history of the company.
 Total collected premiums for the first four months of 1993 were $317.9 million, a 60 percent increase over the $198.3 million collected during the same period in 1992. Total collected premiums for all of 1992 were $714.3 million.
 LifeUSA also reported that as of April 30, the total number of contracted agents reached 44,500, an increase of 5,610 agents over the total of 38,890 contracted at the end of 1992.
 Life USA Holding, Inc. is a Minneapolis-based employee/agent owned insurance holding company. LifeUSA Insurance Company, a subsidiary of Life USA Holding, is represented nationally by over 44,000 agents and 302 home office employees. Total insurance in force now exceeds $6 billion. Life USA Holding, Inc., common stock is traded on the NASDAQ National Market using the symbol LUSA.
 -0- 5/5/93
 /CONTACT: Robert W. MacDonald of Life USA Holding, 612-591-5201/
 (LUSA)


CO: Life USA Holding, Inc.; LifeUSA Inc. ST: Minnesota IN: INS SU: ECO

DS -- MN004 -- 4780 05/05/93 10:18 EDT
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Publication:PR Newswire
Date:May 5, 1993
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