U.S. life insurers are seeing a few more applicants under age 60.
The MIB Group Inc., Westwood, Mass., says U.S. life insurers checked 0.3% more life insurance applications in February than they checked in February 2005.
Activity also increased in January. The latest monthly increase means that activity has increased during 2 consecutive months for the first time in more than 3 years, MIB says.
The results are especially striking because activity for older applicants has been much stronger than activity for younger applicants over most of the past 3 years.