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Business Segments (Tables) | 9 Months Ended
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Sep. 30, 2025
Segment Reporting [Abstract] |
Schedule of Segment Premium Income by Distribution Channel | The following tables present segment premium revenue by each of Globe Life's distribution channels.
|  | Premium Income by Distribution Channel
|  | Three Months Ended September 30, 2025
|  | Life |  | Health |  |  |  | Total
Distribution Channel |  | Amount |  | % of Total |  | Amount |  | % of Total |  |  |  |  |  | Amount |  | % of Total
American Income |  | $ | 451,214 |  |  | 53 |  |  | $ | 31,693 |  |  | 8 |  |  |  |  |  |  | $ | 482,907 |  |  | 39 |
Direct to Consumer |  | 244,828 |  |  | 29 |  |  | 19,186 |  |  | 5 |  |  |  |  |  |  | 264,014 |  |  | 21 |
Liberty National |  | 98,190 |  |  | 12 |  |  | 47,270 |  |  | 12 |  |  |  |  |  |  | 145,460 |  |  | 12 |
United American |  | 1,542 |  |  | — |  |  | 169,735 |  |  | 44 |  |  |  |  |  |  | 171,277 |  |  | 14 |
Family Heritage |  | 1,896 |  |  | — |  |  | 118,640 |  |  | 31 |  |  |  |  |  |  | 120,536 |  |  | 10 |
Other |  | 46,813 |  |  | 6 |  |  | — |  |  | — |  |  |  |  |  |  | 46,813 |  |  | 4 |
Total |  | $ | 844,483 |  |  | 100 |  |  | $ | 386,524 |  |  | 100 |  |  |  |  |  |  | $ | 1,231,007 |  |  | 100 |
|  | Premium Income by Distribution Channel
|  | Three Months Ended September 30, 2024
|  | Life |  | Health |  |  |  | Total
Distribution Channel |  | Amount |  | % of Total |  | Amount |  | % of Total |  |  |  |  |  | Amount |  | % of Total
American Income |  | $ | 427,839 |  |  | 52 |  |  | $ | 31,277 |  |  | 9 |  |  |  |  |  |  | $ | 459,116 |  |  | 39 |
Direct to Consumer |  | 246,425 |  |  | 30 |  |  | 18,072 |  |  | 5 |  |  |  |  |  |  | 264,497 |  |  | 23 |
Liberty National |  | 93,625 |  |  | 12 |  |  | 47,277 |  |  | 13 |  |  |  |  |  |  | 140,902 |  |  | 12 |
United American |  | 1,608 |  |  | — |  |  | 149,510 |  |  | 42 |  |  |  |  |  |  | 151,118 |  |  | 13 |
Family Heritage |  | 1,684 |  |  | — |  |  | 107,819 |  |  | 31 |  |  |  |  |  |  | 109,503 |  |  | 9 |
Other |  | 47,457 |  |  | 6 |  |  | — |  |  | — |  |  |  |  |  |  | 47,457 |  |  | 4 |
Total |  | $ | 818,638 |  |  | 100 |  |  | $ | 353,955 |  |  | 100 |  |  |  |  |  |  | $ | 1,172,593 |  |  | 100 |
|  | Nine Months Ended September 30, 2025
|  | Life |  | Health |  |  |  | Total
Distribution Channel |  | Amount |  | % of Total |  | Amount |  | % of Total |  |  |  |  |  | Amount |  | % of Total
American Income |  | $ | 1,334,591 |  |  | 53 |  |  | $ | 93,806 |  |  | 8 |  |  |  |  |  |  | $ | 1,428,397 |  |  | 39 |
Direct to Consumer |  | 736,651 |  |  | 29 |  |  | 57,374 |  |  | 5 |  |  |  |  |  |  | 794,025 |  |  | 22 |
Liberty National |  | 291,635 |  |  | 12 |  |  | 142,823 |  |  | 13 |  |  |  |  |  |  | 434,458 |  |  | 12 |
United American |  | 4,704 |  |  | — |  |  | 493,561 |  |  | 43 |  |  |  |  |  |  | 498,265 |  |  | 14 |
Family Heritage |  | 5,418 |  |  | — |  |  | 346,850 |  |  | 31 |  |  |  |  |  |  | 352,268 |  |  | 9 |
Other |  | 140,891 |  |  | 6 |  |  | — |  |  | — |  |  |  |  |  |  | 140,891 |  |  | 4 |
Total |  | $ | 2,513,890 |  |  | 100 |  |  | $ | 1,134,414 |  |  | 100 |  |  |  |  |  |  | $ | 3,648,304 |  |  | 100 |
|  | Nine Months Ended September 30, 2024
|  | Life |  | Health |  |  |  | Total
Distribution Channel |  | Amount |  | % of Total |  | Amount |  | % of Total |  |  |  |  |  | Amount |  | % of Total
American Income |  | $ | 1,265,417 |  |  | 52 |  |  | $ | 92,495 |  |  | 9 |  |  |  |  |  |  | $ | 1,357,912 |  |  | 39 |
Direct to Consumer |  | 743,304 |  |  | 31 |  |  | 54,070 |  |  | 5 |  |  |  |  |  |  | 797,374 |  |  | 23 |
Liberty National |  | 276,599 |  |  | 11 |  |  | 142,612 |  |  | 14 |  |  |  |  |  |  | 419,211 |  |  | 12 |
United American |  | 5,009 |  |  | — |  |  | 440,375 |  |  | 42 |  |  |  |  |  |  | 445,384 |  |  | 13 |
Family Heritage |  | 4,945 |  |  | — |  |  | 317,065 |  |  | 30 |  |  |  |  |  |  | 322,010 |  |  | 9 |
Other |  | 143,111 |  |  | 6 |  |  | — |  |  | — |  |  |  |  |  |  | 143,111 |  |  | 4 |
Total |  | $ | 2,438,385 |  |  | 100 |  |  | $ | 1,046,617 |  |  | 100 |  |  |  |  |  |  | $ | 3,485,002 |  |  | 100 |
Schedule of Reconciliation of Segment Operating Information to Consolidated Statement of Operations | The following tables set forth a reconciliation of Globe Life's revenues and operations by segment to its major income statement line items. See Note 1—Significant Accounting Policies for additional information concerning reconciling items of segment profits to pretax income.
| Three Months Ended September 30, 2025
| Life |  | Health |  | Investment |  | Consolidated
Revenue: |  |  |  |  |  |  |
Premium | $ | 844,483 |  |  | $ | 386,524 |  |  | $ | — |  |  | $ | 1,231,007 |
Net investment income | — |  |  | — |  |  | 286,013 |  |  | 286,013 |
Segment revenue | 844,483 |  |  | 386,524 |  |  | 286,013 |  |  | 1,517,020 |
Realized gains (losses) |  | (4,987) |
Other income |  | 955 |
Total consolidated revenue |  | $ | 1,512,988 |
Expenses: |  |  |  |  |  |  |
Policy obligations(1) | 381,511 |  |  | 227,940 |  |  | 5,787 |  |  | 615,238 |
Required interest on reserves | (212,454) |  |  | (28,517) |  |  | 243,343 |  |  | 2,372 |
Amortization of acquisition costs | 98,583 |  |  | 15,137 |  |  | — |  |  | 113,720 |
Commissions | 42,924 |  |  | 42,699 |  |  | — |  |  | 85,623 |
Premium taxes | 16,928 |  |  | 7,281 |  |  | — |  |  | 24,209 |
Non-deferred acquisition costs | 35,383 |  |  | 13,610 |  |  | — |  |  | 48,993 |
Segment profit or (loss) | $ | 481,608 |  |  | $ | 108,374 |  |  | $ | 36,883 |  |  | 626,865 |
Insurance administrative expenses: |  |  |  |  |  |  |
Salaries |  | 34,265 |
Other employee costs |  | 10,056 |
Information technology costs |  | 21,795 |
Legal costs |  | 4,854 |
Other administrative costs |  | 18,797 |
Parent expense |  | 4,105 |
Stock-based compensation expense |  | 14,603 |
Interest expense |  | 36,134 |
Legal proceedings |  | 2,589 |
Other expenses |  | 498 |
Annuity |  | (1,965) |
Total expenses |  | 1,035,886 |
Income before income taxes per Condensed Consolidated Statements of Operations | $ | 477,102 |
(1)Policy obligations are based upon policyholder behavior and impacts related to lapses, mortality, and morbidity. For detailed information, including remeasurement gains and losses, see Note 6—Policy Liabilities.
| Three Months Ended September 30, 2024
| Life |  | Health |  | Investment |  | Consolidated
Revenue: |  |  |  |  |  |  |
Premium | $ | 818,638 |  |  | $ | 353,955 |  |  | $ | — |  |  | $ | 1,172,593 |
Net investment income | — |  |  | — |  |  | 284,964 |  |  | 284,964 |
Segment revenue | 818,638 |  |  | 353,955 |  |  | 284,964 |  |  | 1,457,557 |
Realized gains (losses) |  | (2,192) |
Other income |  | 42 |
Total consolidated revenue |  | 1,455,407 |
Expenses: |  |  |  |  |  |  |
Policy obligations(1) | 454,502 |  |  | 221,926 |  |  | 6,040 |  |  | 682,468 |
Required interest on reserves | (203,875) |  |  | (27,717) |  |  | 239,421 |  |  | 7,829 |
Amortization of acquisition costs | 90,070 |  |  | 13,852 |  |  | — |  |  | 103,922 |
Commissions | 40,092 |  |  | 36,963 |  |  | — |  |  | 77,055 |
Premium taxes | 16,968 |  |  | 9,131 |  |  | — |  |  | 26,099 |
Non-deferred acquisition costs | 33,698 |  |  | 12,837 |  |  | — |  |  | 46,535 |
Segment profit or (loss) | $ | 387,183 |  |  | $ | 86,963 |  |  | $ | 39,503 |  |  | 513,649 |
Insurance administrative expenses: |  |  |  |  |  |  |
Salaries |  | 33,377 |
Other employee costs |  | 10,455 |
Information technology costs |  | 20,155 |
Legal costs |  | 7,609 |
Other administrative costs |  | 16,869 |
Parent expense |  | 3,210 |
Stock-based compensation expense |  | 9,233 |
Interest expense |  | 31,388 |
Legal proceedings |  | 3,329 |
Other expenses |  | 637 |
Annuity |  | (1,721) |
Total expenses |  | 1,078,449 |
Income before income taxes per Condensed Consolidated Statements of Operations | $ | 376,958 |
(1)Policy obligations are based upon policyholder behavior and impacts related to lapses, mortality, and morbidity. For detailed information, including remeasurement gains and losses, see Note 6—Policy Liabilities.
| Nine Months Ended September 30, 2025
| Life |  | Health |  | Investment |  | Consolidated
Revenue: |  |  |  |  |  |  |
Premium | $ | 2,513,890 |  |  | $ | 1,134,414 |  |  | $ | — |  |  | $ | 3,648,304 |
Net investment income | — |  |  | — |  |  | 848,796 |  |  | 848,796 |
Segment revenue | 2,513,890 |  |  | 1,134,414 |  |  | 848,796 |  |  | 4,497,100 |
Realized gains (losses) |  | (23,476) |
Other income |  | 1,073 |
Total consolidated revenue |  | $ | 4,474,697 |
Expenses: |  |  |  |  |  |  |
Policy obligations(1) | 1,410,622 |  |  | 691,793 |  |  | 16,591 |  |  | 2,119,006 |
Required interest on reserves | (632,150) |  |  | (85,194) |  |  | 724,624 |  |  | 7,280 |
Amortization of acquisition costs | 285,417 |  |  | 44,497 |  |  | — |  |  | 329,914 |
Commissions | 130,848 |  |  | 127,551 |  |  | — |  |  | 258,399 |
Premium taxes | 51,621 |  |  | 22,423 |  |  | — |  |  | 74,044 |
Non-deferred acquisition costs | 108,586 |  |  | 42,192 |  |  | — |  |  | 150,778 |
Segment profit or (loss) | $ | 1,158,946 |  |  | $ | 291,152 |  |  | $ | 107,581 |  |  | 1,557,679 |
Insurance administrative expenses: |  |  |  |  |  |  |
Salaries |  | 102,630 |
Other employee costs |  | 29,764 |
Information technology costs |  | 62,286 |
Legal costs |  | 16,930 |
Other administrative costs |  | 51,753 |
Parent expense |  | 10,710 |
Stock-based compensation expense |  | 40,665 |
Interest expense |  | 106,011 |
Legal proceedings |  | 13,365 |
Other expenses |  | 498 |
Annuity |  | (5,818) |
Total expenses |  | 3,368,215 |
Income before income taxes per Condensed Consolidated Statement of Operations |  | $ | 1,106,482 |
(1)Policy obligations are based upon policyholder behavior and impacts related to lapses, mortality, and morbidity. For detailed information, including remeasurement gains and losses, see Note 6—Policy Liabilities.
| Nine Months Ended September 30, 2024
| Life |  | Health |  | Investment |  | Consolidated
Revenue: |  |  |  |  |  |  |
Premium | $ | 2,438,385 |  |  | $ | 1,046,617 |  |  | $ | — |  |  | $ | 3,485,002 |
Net investment income | — |  |  | — |  |  | 853,178 |  |  | 853,178 |
Segment revenue | 2,438,385 |  |  | 1,046,617 |  |  | 853,178 |  |  | 4,338,180 |
Realized gains (losses) |  | (26,580) |
Other income |  | 192 |
Total consolidated revenue |  | $ | 4,311,792 |
Expenses: |  |  |  |  |  |  |
Policy obligations(1) | 1,493,165 |  |  | 629,676 |  |  | 15,044 |  |  | $ | 2,137,885 |
Required interest on reserves | (605,397) |  |  | (82,300) |  |  | 712,055 |  |  | 24,358 |
Amortization of acquisition costs | 263,753 |  |  | 40,774 |  |  | — |  |  | 304,527 |
Commissions | 118,480 |  |  | 117,773 |  |  | — |  |  | 236,253 |
Premium taxes | 51,254 |  |  | 21,221 |  |  | — |  |  | 72,475 |
Non-deferred acquisition costs | 100,613 |  |  | 38,252 |  |  | — |  |  | 138,865 |
Segment profit or (loss) | $ | 1,016,517 |  |  | $ | 281,221 |  |  | $ | 126,079 |  |  | 1,423,817 |
Insurance administrative expenses: |  |  |  |  |  |  |
Salaries |  | 95,406 |
Other employee costs |  | 28,531 |
Information technology costs |  | 59,023 |
Legal costs |  | 19,771 |
Other administrative costs |  | 48,341 |
Parent expense |  | 9,166 |
Stock-based compensation expense |  | 28,590 |
Interest expense |  | 91,413 |
Legal proceedings |  | 5,764 |
Other expenses |  | 2,604 |
Annuity |  | (5,384) |
Total expenses |  | 3,297,588 |
Income before income taxes per Condensed Consolidated Statement of Operations |  | $ | 1,014,204 |
(1)Policy obligations are based upon policyholder behavior and impacts related to lapses, mortality, and morbidity. For detailed information, including remeasurement gains and losses, see Note 6—Policy Liabilities.
Schedule of Assets by Segment | The tables below reconcile segment assets to total assets as reported on the Condensed Consolidated Balance Sheets. Assets by Segment
| September 30, 2025
| Life |  | Health |  | Investment |  | Consolidated
Cash and invested assets | $ | — |  |  | $ | — |  |  | $ | 20,629,430 |  |  | $ | 20,629,430 |
Accrued investment income | — |  |  | — |  |  | 284,888 |  |  | 284,888 |
Deferred acquisition costs | 6,035,556 |  |  | 836,449 |  |  | — |  |  | 6,872,005 |
Goodwill | 309,609 |  |  | 180,837 |  |  | — |  |  | 490,446 |
Total segment assets | $ | 6,345,165 |  |  | $ | 1,017,286 |  |  | $ | 20,914,318 |  |  | 28,276,769 |
Annuity and other corporate |  | 2,250,847 |
Total assets |  | $ | 30,527,616 |
| December 31, 2024
| Life |  | Health |  | Investment |  | Consolidated
Cash and invested assets | $ | — |  |  | $ | — |  |  | $ | 19,736,888 |  |  | $ | 19,736,888 |
Accrued investment income | — |  |  | — |  |  | 269,791 |  |  | 269,791 |
Deferred acquisition costs | 5,700,755 |  |  | 793,421 |  |  | — |  |  | 6,494,176 |
Goodwill | 309,609 |  |  | 180,837 |  |  | — |  |  | 490,446 |
Total segment assets | $ | 6,010,364 |  |  | $ | 974,258 |  |  | $ | 20,006,679 |  |  | 26,991,301 |
Annuity and other corporate |  | 2,084,880 |
Total assets |  | $ | 29,076,181 |

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