U.S life insurance application activity fell slightly in November, marking the sixth straight month of declines.
The monthly MIB Life Index found that application activity for individually underwritten life insurance declined 1.6% in November compared to the same month in 2009.
So far this year, declining months have outnumbered gainers, 8-3, with the last gains coming last January and March.
http://ifawebnews.com/2010/12/07/life-insurance-applications-decline-for-sixth-straight-month/
------------------------------------------------------------------------------------------------------------------------------------------------------------
Not good news, not to be unexpected either as people put life insurance low down the list of priorities during a recession. Though is the trend of last year continues there should be some good months coming the insurance companies way.
No comments:
Post a Comment