Horace Mann Educators HMN Term Life — Lapses, expected experience

Similar metrics at other companies

FGTraditional Life — Lapse rate

0.5%-0.1pp

FNFTraditional Life — Lapses

0.5%-0.1pp

FNFImmediate annuities — Lapses

0%—

PRUTerm Life — Liability for Future Policy Benefit, Expected Net Premium, before Reinsurance, after Discount Rate Change

1,041,500,000,000%-36,000,000,000pp

PRUTerm Life — Liability for Future Policy Benefit, Expected Net Premium, Original Discount Rate, before Cash Flow and Reinsurance

1,082,400,000,000%-41,100,000,000pp

PFGTerm Life Insurance — Liability For Future Policy Benefit Expected Net Premium Cumulative Increase Decrease Of Actual Variance From Expected Experience

-$14.8M-717%

Questions, answered.

What is Horace Mann Educators's term life — lapses, expected experience?

Horace Mann Educators (HMN) reported term life — lapses, expected experience of 4.8% in Q1 2026.

How has Horace Mann Educators's term life — lapses, expected experience changed year-over-year?

Horace Mann Educators's term life — lapses, expected experience decreased by 5.9% year-over-year, from 5.1% to 4.8%.

What is the long-term trend for Horace Mann Educators's term life — lapses, expected experience?

Over 3 years (2022 to 2025), Horace Mann Educators's term life — lapses, expected experience has grown at a 14.7% compound annual growth rate (CAGR), from 29.7% to 44.8%.

What does term life — lapses, expected experience mean?

The projected rate of policy terminations or lapses used in the actuarial modeling of the term life insurance segment. These assumptions are critical for estimating the expected life of policies and the timing of future cash flows. Discrepancies between expected and actual lapse rates can significantly affect the valuation of deferred policy acquisition costs.