NU Online News Service, Feb. 17, 2004, 5:15 p.m. EST – The MIB Group Inc., Westwood, Mass., says U.S. life business was slow in January.[@@]
U.S. life insurers checked 5.7% fewer life insurance applications that month than they checked in January 2003, MIB says.
In 2003, activity for U.S. applicants over age 59 showed strong growth while activity for U.S. applicants under age 45 plummeted. In January, activity for applicants over age 59 was flat, and activity for U.S. applicants under age 45 fell 7.3%.