U.S. life insurers researched more requests for individual coverage in August than they did in August 2010.
The MIB Group Inc., Braintree, Mass., has published new life activity data in an analysis of U.S. life insurers’ use of MIB databases to check individually underwritten life applications.
Overall U.S. activity volume increased 0.7% in August. Activity volume fell 1.2% for applicants ages 0 to 44, but it increased 0.4% for applicants ages 45 to 59.
Activity climbed 7.7%for applicants ages 60 and older.