{"id":11605,"date":"2018-08-08T09:47:32","date_gmt":"2018-08-08T13:47:32","guid":{"rendered":"http:\/\/lifeinsurance-orleans.ca\/Life-Insurance-Blog\/?guid=7947700ada4378cfbf9c67850cc16ebb"},"modified":"2018-08-08T09:47:32","modified_gmt":"2018-08-08T13:47:32","slug":"life-index-inches-forward-for-a-2nd-month","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2018\/08\/08\/life-index-inches-forward-for-a-2nd-month\/","title":{"rendered":"Life Index Inches Forward For A 2nd Month"},"content":{"rendered":"<p>Braintree, MA. (August 8, 2018) \u2014 U.S. life insurance application activity grew slightly in June up 0.7% year-over-year, according to the <a href=\"http:\/\/www.mibgroup.com\/riskanalytics\/life_index_pr.html\">MIB Life Index<\/a>. Predominantly led by gains in ages 60+ application activity, the Life Index is slowly emerging to positive territory with July&#8217;s composite index flat at -0.2% YTD. Overall, the modest improvement seen in the second quarter struggles ahead in the slow summer period.\u00a0<img decoding=\"async\" src=\"http:\/\/www.mibgroup.com\/riskanalytics\/images\/life_index_2018_08.png\" alt=\"Life Index Graphic\" align=\"right\" \/> July application activity was off -1.6% from that of the prior June continuing a common trend. Relatively speaking, the industry is doing far better in July 2018\/2017 YTD (-0.2%) than it did in the same seven month period in 2017\/2016 YTD (-3.1%).<\/p>\n<p>July&#8217;s U.S. application activity showed gains in two out of three age groups\u2014ages 45-59 up 2.1%, and ages 60+ up 4.8%, year-over-year. While the first half 2018 trends are leaning toward the positive for these age groups, ages 0-44, off -1.2% in July, appears to be wavering from past trends. After solidly leading all others in 2017, ages 0-44 converged with other age groups in Q1 2018 and appear to be lagging mid-year. This group contains the all-important Millennial and Gen-X purchasers; however, summer is notoriously slow for life insurance sales.<\/p>\n<p>&nbsp;<\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/insurancenewsnet.com\/oarticle\/life-index-inches-forward-for-a-2nd-month\">Life Index Inches Forward For A 2nd Month<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/insurancenewsnet.com\">InsuranceNewsNet<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Braintree, MA. (August 8, 2018) &mdash; U.S. life insurance application activity grew slightly in June up 0.7% year-over-year, according to&#8230;<\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/insurancenewsnet.com\/oarticle\/life-index-inches-forward-for-a-2nd-month\">Life Index Inches Forward For A 2nd Month<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/insurancenewsnet.com\/\">InsuranceNewsNet<\/a>.<\/p>\n","protected":false},"author":578,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/11605"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/578"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=11605"}],"version-history":[{"count":1,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/11605\/revisions"}],"predecessor-version":[{"id":11607,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/11605\/revisions\/11607"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=11605"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=11605"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=11605"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}