Young People Driving Huge Life Insurance Application Gains: MIB

The third quarter experienced the largest quarter-over-quarter gain since 2011 at 9.2%, MIB said, driven primarily by 12.8% growth in 0-44 age group and 9.2% growth in 45-59 age group.

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MIB – Life Index First Quarter 2014 off -5.4%

MIB Group – Risk Analytics – Life Index – Archives.

U.S. application activity for individually underwritten life insurance was off -4.4% in March, year-over-year, all ages combined according to the MIB Life Index. Declining activity across the first three months of the year foreshadowed 2014’s first quarter losses, off -5.4% as compared to Q1 2013. The MIB Life Index has marked declining life insurance application activity for the past twelve consecutive months.