U.S. Life Application Activity Soars

August 27, 2024 by Allison Bell

Older high-net-worth clients might be starting to pay more attention to the estate tax exemption possibly falling from $27.22 million today to about half that on Jan. 1, 2026.

For U.S. residents 71 and older, individual life insurance application activity was about 19% higher in July than it was in July 2023, according to MIB.

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Originally Posted at Think Advisor on August 26, 2024 by Allison Bell.