September yields life application gains in younger age groups, MIB says
October 8, 2024 by Staff Reports
Life insurance application activity showed gains in the coveted younger age bands during September, according to the MIB Life Index.
The month saw year-over-year growth of 2.6% for ages 0-30 and 2.5% for ages 31-50. September 2024 saw similar growth for all face amounts, in the double digits for amounts over $500,000 up to and including $5 million, MIB reported.
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Originally Posted at InsuranceNewsNet on October 8, 2024 by Staff Reports.
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