XML 30 R19.htm IDEA: XBRL DOCUMENT

SALES INDUCEMENTS	6 Months Ended
SALES INDUCEMENTS	Jun. 30, 2021
Insurance [Abstract]
SALES INDUCEMENTS	SALES INDUCEMENTS Certain of our annuity products offer sales inducements to contract holders in the form of enhanced crediting rates or bonus payments in the initial period of the contract. Certain of our life insurance products offer persistency bonuses credited to the contract holder's balance after the policy has been outstanding for a specified period of time. These enhanced rates and persistency bonuses are considered sales inducements in accordance with GAAP. Such amounts are deferred and amortized in the same manner as deferred acquisition costs. Sales inducements deferred totaled $8.2 million and $6.5 million during the six months ended June 30, 2021 and 2020, respectively. Amounts amortized totaled $7.1 million and $8.7 million during the six months ended June 30, 2021 and 2020, respectively. The unamortized balance of deferred sales inducements was $60.5 million and $59.4 million at June 30, 2021 and December 31, 2020, respectively.