Braintree, Mass. — North American application activity for individually underwritten life insurance was flat in July, off -0.2% year-over-year, according to the MIB Life Index, which measures application activity across the United States and Canada. The Life Index is a service of MIB Group Inc., Braintree, Mass., a provider of Internet-based information and knowledge services to the risk management market.
Year-to-date (YTD), American and Canadian application activity was off -1.7% compared to the same period last year, while July's activity was off -4.8% when compared to June 2008, according to the latest Index.
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