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A line chart showng that older consumers were applying for more life insurance policies than the average person but started applying less starting in March, and a lot less in April. MIB is a nonprofit industry group that helps life insurers share some of the information used in the underwriting process. (Credit: MIB)

MIB Group Inc. has numbers suggesting that the COVID-19 shelter-in-place rules, and pandemic-related underwriting shifts, were tougher on older consumers than on younger consumers.

U.S. life insurance application activity fell a little for young consumers in April, more for middle-aged consumers, and a lot for older consumers, according to MIB’s new application activity report.

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