In the first half of the year, the MIB Life Index is up 2.8% year-to-date (YTD) compared to the same six months last year.
The index has posted positive numbers in eight of the past nine months. However, quarterly numbers show easing growth – up 1.3% Q2 2012/2011 and up 4.2% Q1 2012/2011. June’s numbers were up 2.2% from those of May and 2.1% from those of June 2011.
All age groups’ application activity grew for the second consecutive month, with 60+ experiencing the highest increase up 4.5%. The age group 0-44 increased 2% and ages 45-49 increased 0.7%.
Mid-year, ages 0-44 are up 1.9% YTD; ages 45-59 are up 2% YTD; and ages 60+ are up 7.3% YTD versus same period last year.
Carrie Burns is with Insurance Networking News.
Register or login for access to this item and much more
All Employee Benefit News content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access