Younger Buyers Snap Up Life Insurance At Record Rate: MIB Index

March 13, 2020 by John Hilton

U.S. life insurance application activity increased 5.6% year-over-year in February, according to the MIB Life Index, fueled by a 7% increase among younger buyers.

Younger buyers, which MIB classified as up to age 44, posted a two-month comeback from 2019’s -3.3% decline, leading all other age groups in the February results.

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Originally Posted at InsuranceNewsNet on March 11, 2020 by John Hilton.