U.S. life insurers received fewer requests for individual coverage from young applicants in June than they received in June 2008, but they received more from older applicants.
The MIB Group Inc., Braintree, Mass., has published that finding in an analysis of North American life insurers' use of MIB databases to check individually underwritten life applications.
MIB U.S. activity volume has fallen in most months since early 2006.