U.S. life insurance application activity may have started to rebound in April, in part because consumers ages 45 to 59 were more likely to apply for coverage, according to new activity data from MIB Group Inc.
In April, MIB says, overall activity rose 0.1%.
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In March, MIB says, activity fell 4.9%.
Application activity has been much stronger since the beginning of the year for consumers ages 45 and older than for consumers under 45, and that trend continued last month.