Life Insurance Activity Down Slightly in June per MIB

Posted on July 10, 2008 by Cailie Currin

In a July 9 press release, the MIB Life Index reports that U.S. life insurance application activity in June 2008 was off 0.9% when compared to June of 2007. 

Year to date, application activity is down 2.5%% over the same period last year.  Interestingly, while application activity for all ages combined is down 2.9% when the 2Q of 2007 is compared to 2Q 2008, application activity for ages 60+ is up 4.2%.  Looking just at June similar reports are reported with ages 60+  being up 5.1% June-over-June while as indicated above all ages are down 0.9%. 

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