Business Segments · Liability For Future Policy Benefits
Group Policies — Liability For Future Policy Benefits
Analysis
How to read this metric
An increase may indicate growth in long-term policy obligations or changes in actuarial assumptions, while a decrease may reflect maturing policies or updated risk assessments.
Detailed definition
This represents the actuarial estimate of the present value of future benefits payable to policyholders for long-duratio...
Peer comparison
Standard across life and group insurance carriers as 'Future Policy Benefits' or 'Policy Reserves'.
Metric ID:
hig_segment_group_policies_liability_for_future_policy_benefitsSimilar Metrics at Other Companies
Frequently Asked Questions
- What does group policies — liability for future policy benefits mean?
- The estimated total amount the company expects to pay out for future long-term group insurance claims.