Globe Life GL Health — Liability For Future Policy Benefits
Discontinued — last reported Q4 '18
Similar metrics at other companies
Other financials
Where this comes from
Reported directly by Globe Life in its filing.
Tagged under the XBRL concept us-gaap:LiabilityForFuturePolicyBenefits.
The official record: Globe Life’s 10-K, filed March 1, 2019, on SEC EDGAR. View the filing →
Questions, answered.
- What does health — liability for future policy benefits mean?
- The estimated long-term financial obligation the company holds to cover future health insurance benefits for current policyholders.
- How do you interpret health — liability for future policy benefits?
- An increase reflects growth in the long-term insurance book or changes in actuarial assumptions, while a decrease may indicate a shrinking book or favorable assumption adjustments.
- How does health — liability for future policy benefits compare across companies?
- Standard actuarial liability metric; peers report this as 'Future Policy Benefit Reserves' or 'Life and Health Reserves'.