MIB Life Index Reveals Uptick in Younger, Older Age Life Applicants
January 25, 2017 by Cyril Tuohy
U.S. life insurance application activity rose 1.3 percent last year compared with 2015, according to the MIB Life Index.
The index gained 2.7 percent in 2015 over 2014. This represented the largest annual year-over-year percentage increase since the MIB index began tracking life insurance inquiries in 2001. The index does not release the number of inquiries.
MIB is one of the life insurance industry’s most widely used underwriting requirements for identifying errors, omissions and misrepresentations on insurance applications.
Click HERE to read the full story via INN; subscription required