MIB Life Application Activity level Cools



The life insurance underwriting business in the United States began to fall back to earth in September.

The MIB group indicates that its global life applications activity index was 4.4% higher in September than in September 2019.

It’s the same as the 4.4% average for the full year so far, but it’s down from a year-over-year increase of 14.1% in July and a year-over-year increase of 9.1% in August.


  • A copy of the latest MIB Life application activity report is available here.
  • A link to the Policygenius Life Insurance Price Index page is available here.
  • A previous article on the activity figures of the MIB life application is available here.

MIB is an organization based in Braintree, Massachusetts that helps life and health insurers share some of the information used in underwriting insurance. It bases its Lifetime Application Activity Index on the verification volume of member organizations’ applications.

MIB publishes separate data for applicants in three age categories: 44 and under: 45 to 59; and 60 years and over.

Here are the MIB activity numbers for each age group for September:

  • 0-44 years: Up 7.2%
  • 45-59 years old: Up 4.6%
  • 60 years and over: Down 2.5%

One of the reasons for the overall increase in activity may be the attention the COVID-19 pandemic has drawn to the need for life insurance.

Another may be that life insurers have expanded the use of fast, simple and fully digital life insurance underwriting procedures, especially for young consumers.

The level of claim activity from older consumers may be declining in part because older consumers are reluctant to meet with agents in person, and in part because life insurers have been slower to deliver the new processes. accelerated subscription to older applicants.

The Policygenius Price Index

Policygenius, an online insurance broker, recently started publishing monthly life insurance price reports.



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