MIB, Inc. Fact Sheet
The consumer who applies for life, health or disability insurance receives a brief written notice which describes MIB, Inc. and its functions. This notice also tells how the consumer can access and correct, when needed, his or her MIB record.
Who is MIB?
MIB is a non-profit association to prevent fraud. MIB has a membership of about 680 life insurance companies. MIB was formed to conduct a confidential interchange of underwriting information among its members as an alert against fraud. This interchange enables MIB members to protect the interests of insurance consumers as well as the interests of life, health, and disability insurers. The consumer permits the MIB member to ask for an MIB report by signing a statement of authorization.
The basic purpose of MIB is to reduce the cost of insurance. Read more about MIB at www.mib.com.
Contact your home office underwriter or call 800-654-4278.