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Globe Life GL Health — Liability for Future Policy Benefit, Interest Expense
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Where this comes from
Reported directly by Globe Life in its filing.
Tagged under the XBRL concept us-gaap:LiabilityForFuturePolicyBenefitInterestExpense.
The source filing: Globe Life’s 10-Q, filed May 7, 2026.
- Filed
- May 7, 2026, 4:32 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0000320335-26-000169
| Line item | Health / Three Months Ended March 31, 2026 / Gross Premiums | Health / Three Months Ended March 31, 2026 / Interest Expense | Health / Three Months Ended March 31, 2025 / Gross Premiums | Health / Three Months Ended March 31, 2025 / Interest Expense |
|---|---|---|---|---|
| United American | $139,041 | $420 | $116,396 | $1,049 |
| Family Heritage | 123,139 | 20,558 | 112,354 | 19,116 |
| Liberty National | 47,431 | 6,083 | 47,753 | 6,355 |
| American Income | 29,801 | 1,951 | 29,754 | 1,812 |
| Direct to Consumer | 5,041 | — | 4,136 | — |
| Total | $344,453 | $29,012 | $310,393 | $28,332 |
Item 1. Condensed Consolidated Financial Statements
FAQ
- What is Globe Life's health — liability for future policy benefit, interest expense?
- Globe Life (GL) reported health — liability for future policy benefit, interest expense of $29.01M in Q1 2026.
- How has Globe Life's health — liability for future policy benefit, interest expense changed year-over-year?
- Globe Life's health — liability for future policy benefit, interest expense increased by 2.4% year-over-year, from $28.33M to $29.01M.
- What is the long-term trend for Globe Life's health — liability for future policy benefit, interest expense?
- Over 4 years (2021 to 2025), Globe Life's health — liability for future policy benefit, interest expense has grown at a 3.8% compound annual growth rate (CAGR), from $98.46M to $114.15M.
- What does health — liability for future policy benefit, interest expense mean?
- This represents the interest expense accrued on the reserves held for future policy benefits within the health segment. It reflects the unwinding of the discount on the liability, representing the cost of carrying these long-term obligations over time. Investors monitor this to understand the impact of interest rate assumptions on the segment's overall profitability.
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