Application activity for
individually underwritten life insurance in the US increased by
2.1% year-on-year (YoY) in June 2012 for all ages combined,
according to the MIB Life Index, which measures life insurance
application activity in the US.
In the first half of
2012, the MIB Life Index rose 2.8% year-to-date compared to the
same period in 2011. The MIB Life Index for June 2012 was also 2.2%
higher than the previous month, which
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Application activity in
the US grew across all three age groups for the second consecutive
month, according to the MIB Life Index.
YoY, for people up to
the age of 44, this rose by 2% while for individuals in the 45-59
age bracket it increased by 0.7%. For those over 60, the rise was
4.5% YoY.
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