NU Online News Service, Dec. 11, 2:43 p.m. – The MIB Group Inc., Westwood, Mass., says U.S. life insurers checked 7.8% fewer life insurance applications in November than they checked in November 2001 and 14.6% fewer than they checked in October.
MIB had hoped a smaller October decrease was the result of a spike in applications following the Sept. 11, 2001, terrorist attacks rather than a decrease in demand for life insurance, and MIB says November is usually slower than October.