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information treated as confidential

Is The MIB The Life Insurance Bad Guy Or Good Guy?

By Ed Hinerman on August 1, 2012

Second only to life insurance agents for being blasphemed by the life insurance buying public is the Medical Information Bureau, or MIB. The MIB is a super warehouse of health and lifestyle information gathered from life insurance applications as they are processed by member companies, and yes, when you sign the application you give the ...read more

Posted in insurance, life insurance, Medical Information Bureau, smoking | Tagged adverse selection, company member of MIB, cuts bad decisions and losses, errors corrected, fight fraud, impaired risk life insurance, information regarding insurability, information treated as confidential, insurance, life insurance, life insurance bad guy, life insurance good guy, Medical Information Bureau, MIB, non smoker rate class, positive nicotine use test, smoker rate class, turning decline into approval | 9 Responses

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