{"id":19820,"date":"2020-10-09T15:42:19","date_gmt":"2020-10-09T19:42:19","guid":{"rendered":"https:\/\/insurancenewsnet.com\/?post_type=innarticle&amp;p=6023658"},"modified":"2020-10-09T15:42:19","modified_gmt":"2020-10-09T19:42:19","slug":"young-people-driving-huge-life-insurance-application-gains-mib","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2020\/10\/09\/young-people-driving-huge-life-insurance-application-gains-mib\/","title":{"rendered":"Young People Driving Huge Life Insurance Application Gains: MIB"},"content":{"rendered":"<figure class=\"featured-image left pull-box small pull-box hide-md hide-sm\"> <img decoding=\"async\" loading=\"lazy\" width=\"300\" height=\"398\" src=\"https:\/\/3yhtev2r8d4210fxti499gpq-wpengine.netdna-ssl.com\/wp-content\/uploads\/2020\/10\/2020_10_6_months_trailing_chart.png\" class=\"attachment-medium-thumb-post size-medium-thumb-post wp-post-image\" alt><img decoding=\"async\" loading=\"lazy\" width=\"300\" height=\"398\" src=\"https:\/\/3yhtev2r8d4210fxti499gpq-wpengine.netdna-ssl.com\/wp-content\/uploads\/2020\/10\/2020_10_6_months_trailing_chart.png\" class=\"lazyload attachment-medium-thumb-post size-medium-thumb-post wp-post-image\" alt data-sizes=\"(max-width: 300px) 100vw, 300px\"><\/figure>\n<div class=\"article-content\">\n<div> <span> <span> <\/span> <\/span> <span> <span> <\/span> <\/span> <span> <\/span><\/p>\n<div>\n<p>With a 4% growth rate for the year to date through the third quarter, life insurance application activity has &#8220;returned to pre-pandemic normal levels,&#8221; according to the MIB Life Index.<\/p>\n<p>The third quarter experienced the largest quarter-over-quarter gain since 2011 at 9.2%, MIB said, driven primarily by 12.8% growth in 0-44 age group and 9.2% growth in 45-59 age group.<\/p>\n<p>Following record growth in July and August, September experienced the largest year-over-year gain since 2011 at 4.4%, with activity from August to September relatively flat (up 0.4%).<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone size-full wp-image-6023678\" src=\"https:\/\/3yhtev2r8d4210fxti499gpq-wpengine.netdna-ssl.com\/wp-content\/uploads\/2020\/10\/2020_10_6_months_trailing_chart.png\" alt width=\"300\" height=\"398\"><img decoding=\"async\" loading=\"lazy\" class=\"lazyload alignnone size-full wp-image-6023678\" src=\"https:\/\/3yhtev2r8d4210fxti499gpq-wpengine.netdna-ssl.com\/wp-content\/uploads\/2020\/10\/2020_10_6_months_trailing_chart.png\" alt width=\"300\" height=\"398\" data-sizes=\"(max-width: 300px) 100vw, 300px\"><\/p>\n<p>Growth patterns were consistent in Q3 as the under-44 age group continues to drive growth, MIB reported. In contrast, the over-60 age group has continued to show minor declines since the beginning of the COVID-19 pandemic, with the exception of a leap in July that transcended all age groups.<\/p>\n<p>September&#8217;s year-over-year application activity was up 7.2% for ages 0-44 and up 4.6% for ages 45-59, while ages 60+ was off -2.5%.<\/p>\n<div class=\"insur-mobile-body-leaderboard\" id=\"insur-1780803126\">\n<div class=\"insur-adlabel\">Advertisement<\/div>\n<div id=\"insur-588861481\"><a data-bid=\"1\" href=\"https:\/\/insurancenewsnet.com\/linkout\/5947525\" target=\"_blank\" rel=\"noopener noreferrer\"><!--noptimize--><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/3yhtev2r8d4210fxti499gpq-wpengine.netdna-ssl.com\/wp-content\/uploads\/2020\/09\/NAFA_ADS2020_INN_leaderboard_092820_728x90.gif\" alt width=\"728\" height=\"90\"><img decoding=\"async\" loading=\"lazy\" class=\"lazyload\" src=\"https:\/\/3yhtev2r8d4210fxti499gpq-wpengine.netdna-ssl.com\/wp-content\/uploads\/2020\/09\/NAFA_ADS2020_INN_leaderboard_092820_728x90.gif\" alt width=\"728\" height=\"90\"><!--\/noptimize--><\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/insurancenewsnet.com\/innarticle\/young-people-driving-huge-life-insurance-application-gains-mib-says?utm_source=rss&amp;utm_medium=rss&amp;utm_campaign=young-people-driving-huge-life-insurance-application-gains-mib-says\">Read the original article at insurancenewsnet.com <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>With a 4% growth rate for the year to date through the third quarter, life insurance application activity has &#8220;returned to pre-pandemic normal levels,&#8221; according to the MIB Life Index. The third quarter experienced&#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\/19820"}],"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=19820"}],"version-history":[{"count":0,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/19820\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=19820"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=19820"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=19820"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}