Life Insurance Activity Heats Up in January
Braintree, MA. – In continued expansion, application activity for U.S. individually underwritten life insurance was up 6.4% in January year-over-year, all ages combined, according to the MIB Life Index. January’s results follows six straight quarters of expansion for the composite Index as growth accelerates with the underwriting of year-end sales activity. Composite application activity in January outpaced that of the prior December by 5.0%. It was the largest month-over-month percent gain for this time period since the Index started in 2001.