Life Application Activity Soars: MIB
June 17, 2020 by Allison Bell
Maybe COVID-19 has educated younger consumers about the value of life insurance.
U.S. life insurance application activity was 5.2% higher in May than in May 2019, according to MIB’s new application activity report.
The Braintree, Massachusetts-based life insurer consortium says overall application activity climbed even more for consumers in the youngest of the three age groups the MIB tracks.
Here are the MIB activity numbers for each age group for May: