North American application activity for individually underwritten life insurance declined 1.4% in November on a year-over-year basis.[@@]
The MIB Group Inc.’s Life Index showed declines in November that were half of the 2.9% fall recorded in October and the 2.8% decline in September.
North American activity was off 3.1% year to date for the last 11 months over the same period last year, notes MIB, Westwood, Mass.
Overall, U.S. application activity was off 2% for November 2005 compared to 2004 for all ages combined.