{"id":18045,"date":"2020-04-13T11:34:10","date_gmt":"2020-04-13T15:34:10","guid":{"rendered":"https:\/\/insurancenewsnet.com\/?post_type=innarticle&amp;p=5369928"},"modified":"2020-04-13T11:34:10","modified_gmt":"2020-04-13T15:34:10","slug":"covid-19-blamed-for-2-2-decline-in-march-life-insurance-activity","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2020\/04\/13\/covid-19-blamed-for-2-2-decline-in-march-life-insurance-activity\/","title":{"rendered":"COVID-19 Blamed For 2.2% Decline In March Life Insurance Activity"},"content":{"rendered":"<figure class=\"featured-image left pull-box small pull-box hide-md hide-sm\">\n<img decoding=\"async\" loading=\"lazy\" width=\"405\" height=\"560\" src=\"https:\/\/insurancenewsnet.com\/wp-content\/uploads\/2020\/04\/2020_04_life_index_chart-405x560.jpg\" class=\"attachment-medium-thumb-post size-medium-thumb-post wp-post-image\" alt><img decoding=\"async\" loading=\"lazy\" width=\"405\" height=\"560\" src=\"https:\/\/insurancenewsnet.com\/wp-content\/uploads\/2020\/04\/2020_04_life_index_chart-405x560.jpg\" class=\"lazyload attachment-medium-thumb-post size-medium-thumb-post wp-post-image\" alt data-srcset=\"https:\/\/insurancenewsnet.com\/wp-content\/uploads\/2020\/04\/2020_04_life_index_chart-405x560.jpg 405w, https:\/\/insurancenewsnet.com\/wp-content\/uploads\/2020\/04\/2020_04_life_index_chart-127x175.jpg 127w, https:\/\/insurancenewsnet.com\/wp-content\/uploads\/2020\/04\/2020_04_life_index_chart-386x534.jpg 386w, https:\/\/insurancenewsnet.com\/wp-content\/uploads\/2020\/04\/2020_04_life_index_chart-107x148.jpg 107w, https:\/\/insurancenewsnet.com\/wp-content\/uploads\/2020\/04\/2020_04_life_index_chart-188x260.jpg 188w, https:\/\/insurancenewsnet.com\/wp-content\/uploads\/2020\/04\/2020_04_life_index_chart.jpg 413w\" data-sizes=\"(max-width: 405px) 100vw, 405px\"><figcaption class=\"text-left\">Life insurance activity dipped in March. (Courtesy of MIB Index)<\/figcaption><\/figure>\n<div class=\"article-content\">\n<p>The COVID-19 pandemic is being blamed for a -2.2% year-over-year decline in U.S. life insurance application activity for March, according to the MIB Life Index.<\/p>\n<p>The poor month interrupted a strong two-month growth trend.<\/p>\n<p>March\u2019s MIB Life Index application activity was off -6.7% from that of February. February\u2019s month-to-month activity suggests pandemic-related demand for life policies with application activity at its highest for a January-February period since 2015, MIB reported.<\/p>\n<p>For the Q1 March close, the MIB Life Index composite remained up 1.8% year-to-date, some -2.2% off from February\u2019s 4% YTD close.<\/p>\n<p>The March MIB Life Index age groups showed modest activity: ages 0-44, up 0.3%; ages 45-59, down -4.2%; and ages 60+ were off -6.2%.<\/p>\n<p>The small positive percent change in ages 0-44 (54.2% of the Index) helped temper losses in the composite Index, MIB said. Year-to-date, ages 0-44 are up 3.4%, ages 45-59 are off -0.7% and ages 60+ are up 0.9%.<\/p>\n<\/div>\n<p><a href=\"https:\/\/insurancenewsnet.com\/innarticle\/covid-19-blamed-for-2-2-decline-in-march-life-insurance-activity?utm_source=rss&amp;utm_medium=rss&amp;utm_campaign=covid-19-blamed-for-2-2-decline-in-march-life-insurance-activity\">Read the original article at insurancenewsnet.com <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Life insurance activity dipped in March. (Courtesy of MIB Index) The COVID-19 pandemic is being blamed for a -2.2% year-over-year decline in U.S. life insurance application activity for March, according to the MIB Life&#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\/18045"}],"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=18045"}],"version-history":[{"count":0,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/18045\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=18045"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=18045"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=18045"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}