Globe Life GL Life — Deferred Policy Acquisition Costs
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:DeferredPolicyAcquisitionCosts.
The official record: Globe Life’s 10-K, filed March 1, 2019, on SEC EDGAR. View the filing →
Questions, answered.
- What does life — deferred policy acquisition costs mean?
- The unamortized portion of upfront costs spent to acquire new insurance policies, held as an asset.
- How do you interpret life — deferred policy acquisition costs?
- An increasing balance suggests high levels of new business acquisition, while a decreasing balance may suggest lower sales or faster amortization.
- How does life — deferred policy acquisition costs compare across companies?
- A standard GAAP asset for life insurers, often referred to as 'DAC'.