{"id":15949,"date":"2019-07-09T17:02:05","date_gmt":"2019-07-09T21:02:05","guid":{"rendered":"https:\/\/insurancenewsnet.com\/?post_type=innarticle&amp;p=4287490"},"modified":"2019-07-09T17:02:05","modified_gmt":"2019-07-09T21:02:05","slug":"life-insurance-applications-up-sharply-in-june-mib-reports","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2019\/07\/09\/life-insurance-applications-up-sharply-in-june-mib-reports\/","title":{"rendered":"Life Insurance Applications Up Sharply In June, MIB Reports"},"content":{"rendered":"\n<div class=\"author-info\">\n<span class=\"publication\">InsuranceNewsNet<\/span> <\/div>\n<figure class=\"featured-image left pull-box small pull-box hide-md hide-sm\">\n<img decoding=\"async\" loading=\"lazy\" width=\"840\" height=\"560\" src=\"https:\/\/insurancenewsnet.com\/wp-content\/uploads\/2019\/03\/AdobeStock_125399939-840x560.jpeg\" class=\"attachment-medium-thumb-post size-medium-thumb-post wp-post-image\" alt><figcaption class=\"text-left\">Life insurance sales are stagnant, but profits are still being made.<\/figcaption><\/figure>\n<div class=\"article-content\">\n<div> <span><\/p>\n<p> <span><\/p>\n<p><\/span> <\/p>\n<p><\/span> <span><br \/>\n <span><\/p>\n<p><\/span><br \/>\n<\/span> <\/p>\n<p> <span><\/p>\n<p><\/span> <\/p>\n<div>\n<p><strong>From Wire Reports<\/strong><\/p>\n<p>U.S. life insurance application activity rose 3.3% in June year over year, nudging the MIB Life Index above par on a year-to-date basis for the first time since last February.<\/p>\n<p>June&#8217;s performance was the strongest monthly percent gain of 2019, ending the third consecutive month of slowly increasing year-over-year activity in what was an uneven first six months of 2019, MIB said in a news release.<\/p>\n<p>At the close of the second quarter 2019, the MIB Life Index composite is up 0.2% for the year. Second-quarter activity was up 1.5% overall over 2Q 2018, offsetting a first-quarter -1.0% decline (compared to 1Q 2018). June&#8217;s application activity was up 2.2% from that of May.<\/p>\n<p>Older age life insurance buyers once again predominated, MIB said. While still negative at the close of 2Q, application activity ages 0-44 continued to show improvement and ages 45-59 stepped up a bit in June.<\/p>\n<p>Application activity ages 0-44 were off -1.3%, ages 45-59 were up 4.1%, and ages 60+ were up 15.6% for June year over year. At the second quarter&#8217;s close, year-to-date application activity ages 0-44 was off -4.5%, ages 45-59 rose 1.2%, and ages 60+ surged 12.9%.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p> <a href=\"https:\/\/insurancenewsnet.com\/innarticle\/life-insurance-applications-up-sharply-in-june-mib-reports\">Read the original article at insurancenewsnet.com <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>InsuranceNewsNet Life insurance sales are stagnant, but profits are still being made. From Wire Reports U.S. life insurance application activity rose 3.3% in June year over year, nudging the MIB Life Index above par&#46;&#46;&#46;<\/p>\n","protected":false},"author":578,"featured_media":0,"comment_status":"closed","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\/15949"}],"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=15949"}],"version-history":[{"count":0,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/15949\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=15949"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=15949"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=15949"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}