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Globe Life GL Other — 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 other — liability for future policy benefit, interest expense?
- Globe Life (GL) reported other — liability for future policy benefit, interest expense of $48.97M in Q1 2026.
- How has Globe Life's other — liability for future policy benefit, interest expense changed year-over-year?
- Globe Life's other — liability for future policy benefit, interest expense increased by 3.6% year-over-year, from $47.29M to $48.97M.
- What is the long-term trend for Globe Life's other — liability for future policy benefit, interest expense?
- Over 4 years (2021 to 2025), Globe Life's other — liability for future policy benefit, interest expense has grown at a 3.5% compound annual growth rate (CAGR), from $167.38M to $192.34M.
- What does other — liability for future policy benefit, interest expense mean?
- The interest expense accrued on the liability for future policy benefits, representing the unwinding of the discount on the insurance liability over time. This reflects the cost of carrying long-term insurance obligations.
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