U.S. consumers submitted 3.7% more individual life insurance applications this past September than they did in September 2020, according to new activity numbers from MIB Group.
For life insurance agents and advisors, the new numbers mean that the market is still comfortably warm, in spite of the chill from the delta variant of COVID-19, confusion in Congress and soft employment figures.
MIB is a Braintree, Massachusetts-based organization owned by life insurers. Most U.S. life insurers use MIB databases to check insurance applications for signs of fraud, missing information and errors.
