Life Insurance Activity Rises Again In June, MIB Reports
July 22, 2020 by Staff Reports
After pandemic-related declines in March thru April, U.S. life insurance application activity rose for the second consecutive month, up 1.2% in June year over year, according to the MIB Life Index.
Despite the initial quarantine period straddling both the first and second quarters of 2020, the second quarter finished up 1% YOY, with the first quarter showing 1.8% YOY gains.
At the close of the second quarter, the composite MIB Life Index is up 1.5% for the year.