NU Online News Service, Aug. 13, 3:53 p.m. – The MIB Group Inc., Westwood, Mass., says Canadian insurers helped heat up the North American life market in July.
The U.S. insurers MIB serves checked 2% more individual life applications last month than they did in July 2001, and consumers over age 60 accounted for most of that growth.
In Canada, insurers increased their application volume 19%, and much of the growth came from applications filled out by younger consumers, MIB says.