Jun 19
If I apply for term life insurance, will information about me be reported to the MIB (medical information bureau)?
No. The only time an insurance company would report information about you to MIB would be if a medical condition, test result or other information that would affect your health or longevity were found during the underwriting of your application. Most people do not have an MIB record. Out of every 100 insurance applications, only about 15-20 result in an MIB record.
MIB does maintain an insurance activity index that records the name of any member companies that request information about you and the date(s) of their inquiries. This activity information may be requested by a member company whenever an inquiry is submitted.
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