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A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
May 09, 2002 at 08:00 PM
NU Online News Service, May 9, 5:33 p.m. – The MIB Group Inc., Westwood, Mass. says the U.S. life insurers it serves checked 10.3% more individual life applications in April than they did in April 2001.
“Application activity was driven by high volumes in the 60-plus age group, where the increase in activity was 20.2%,” Stacy Gill, a MIB vice president, says.
MIB is a nonprofit group that collects information on individual life insurance customers for most U.S. life and health insurance companies. The group uses the search activity for its own databases to compute a life application activity index.
The life index includes results for policies that account for more than 95% of all U.S. individual life premium revenue, MIB says.
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