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Life Health > Life Insurance

MIB: Application Activity Falls

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U.S. life insurers received fewer requests for individual coverage in November than they received in November 2007, but they received more requests from older applicants.

The MIB Group Inc., Braintree, Mass., says U.S. life insurers used MIB databases to check 1.8% fewer individually underwritten life insurance applications in November than they checked in the comparable month a year earlier.