Life Insurance Activity Returns To Year-Over-Year Growth, MIB Reports
September 21, 2021 by MIB Life Index
U.S. life insurance application activity returned to growth in August 2021 compared to August 2020 with year-over-year activity up 5.5%, MIB reports.
While year-over-year comparisons are impacted by fluctuations in 2020 activity due to COVID, when comparing results to 2019, August 2021 is up 9.5%, MIB reported. The industry remains on track for a strong year, with 2021 activity up 5.3% over 2020 through August.