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Globe Life GL Future policy benefits
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Where this comes from
Reported directly by Globe Life in its filing.
Tagged under the XBRL concept us-gaap:LiabilityForFuturePolicyBenefits.
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 | March 31,2026 | December 31, 2025 |
|---|---|---|
| Other assets | 1,675,524 | 1,667,987 |
| Total assets | $30,965,851 | $30,813,692 |
| Liabilities: | ||
| Future policy benefits at current discount rates: (at original discount rates: 2026—$18,304,438; 2025—$18,129,506) | $18,934,135 | $19,169,687 |
| Unearned and advance premium | 285,763 | 270,663 |
| Policy claims and other benefits payable | 548,528 | 540,832 |
| Other policyholders' funds | 576,452 | 532,047 |
| Total policy liabilities | 20,344,878 | 20,513,229 |
Item 1. Condensed Consolidated Financial Statements
FAQ
- What is Globe Life's future policy benefits?
- Globe Life (GL) reported future policy benefits of $18.93B in Q1 2026.
- How has Globe Life's future policy benefits changed year-over-year?
- Globe Life's future policy benefits increased by 0.9% year-over-year, from $18.76B to $18.93B.
- What is the long-term trend for Globe Life's future policy benefits?
- Over 5 years (2020 to 2025), Globe Life's future policy benefits has grown at a -5.2% compound annual growth rate (CAGR), from $25.07B to $19.17B.
- What does future policy benefits mean?
- This liability represents the actuarial present value of future benefits expected to be paid to policyholders under life, annuity, and health insurance contracts. It is a critical measure of long-term solvency, reflecting the company's commitment to meet future obligations based on mortality and morbidity assumptions. Changes in this balance reflect shifts in the underlying policy mix and actuarial estimates.
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