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Globe Life GL Life — 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 | Life / Three Months Ended March 31, 2026 / Gross Premiums | Life / Three Months Ended March 31, 2026 / Interest Expense | Life / Three Months Ended March 31, 2025 / Gross Premiums | Life / Three Months Ended March 31, 2025 / Interest Expense |
|---|---|---|---|---|
| American Income | $458,881 | $75,200 | $437,449 | $70,993 |
| Direct to Consumer | 241,611 | 49,008 | 242,870 | 46,967 |
| Liberty National | 99,144 | 31,188 | 95,300 | 31,049 |
| Other | 49,363 | 48,967 | 49,914 | 47,285 |
| Total | $848,999 | $204,363 | $825,533 | $196,294 |
Item 1. Condensed Consolidated Financial Statements
FAQ
- What is Globe Life's life — liability for future policy benefit, interest expense?
- Globe Life (GL) reported life — liability for future policy benefit, interest expense of $204.36M in Q1 2026.
- How has Globe Life's life — liability for future policy benefit, interest expense changed year-over-year?
- Globe Life's life — liability for future policy benefit, interest expense increased by 4.1% year-over-year, from $196.29M to $204.36M.
- What is the long-term trend for Globe Life's life — liability for future policy benefit, interest expense?
- Over 4 years (2021 to 2025), Globe Life's life — liability for future policy benefit, interest expense has grown at a 4.9% compound annual growth rate (CAGR), from $658.58M to $796.99M.
- What does life — liability for future policy benefit, interest expense mean?
- This is the interest cost accrued on the liability for future policy benefits, reflecting the time value of money. It represents the increase in the reserve balance due to the passage of time as the company approaches the expected payout date.
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