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Horace Mann Educators HMN Limited Pay Whole Life Insurance — Issuances

Other product segments

Term Life Insurance
$4.8M-18.6%
Life Contingent SPIA Retirement Insurance
$200K-66.7%
Experience Life Insurance
$0

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$25.8M+26.5%

Other financials

Income statement

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Revenue$429.3M+3.1%
Net income$41.2M+7.9%
EPS (diluted)$1.00+8.7%

Balance sheet

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Cash & equivalents$20.9M-31.0%
Total debt$593.8M+8.5%
Total equity$1.5B+9.5%
Total assets$15.0B+4.0%

Cash flow

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Operating cash flow$61.3M-56.5%

Valuation

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Market cap$2.04B+18.8%
Enterprise value$2.61B+17.0%
P/E12.4×-2.6×
P/S1.2×+0.1×

Profitability

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Net margin9.6%+2.6pp

Returns & leverage

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Return on equity11.7%+2.8pp
Debt / equity0.4×0.0×

Where this comes from

Reported directly by Horace Mann Educators in its filing.

Tagged under the XBRL concept us-gaap:LiabilityForFuturePolicyBenefitExpectedFuturePolicyBenefitIssuance.

The official record: Horace Mann Educators’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Horace Mann Educators's limited pay whole life insurance — issuances?
Horace Mann Educators (HMN) reported limited pay whole life insurance — issuances of $500K in Q1 2026.
How has Horace Mann Educators's limited pay whole life insurance — issuances changed year-over-year?
Horace Mann Educators's limited pay whole life insurance — issuances decreased by 0.0% year-over-year, from $500K to $500K.
What is the long-term trend for Horace Mann Educators's limited pay whole life insurance — issuances?
Over 3 years (2021 to 2025), Horace Mann Educators's limited pay whole life insurance — issuances has grown at a -37.4% compound annual growth rate (CAGR), from $10.2M to $2.5M.
What does limited pay whole life insurance — issuances mean?
This metric measures the volume of new limited pay whole life insurance policies issued or the total face amount of coverage underwritten during a specific period. It serves as a primary indicator of market demand and the company's ability to acquire new policyholders within its target demographic. Growth in issuances reflects successful sales execution and market penetration for this specific insurance product.