XML 121 R118.htm IDEA: XBRL DOCUMENT
v3.20.1

22) Future Policy Benefits and Unpaid Claims: Schedule of Liability for Future Policy Benefits, by Product Segment (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2019
Tables/Schedules |
Schedule of Liability for Future Policy Benefits, by Product Segment |
| Years Ended September 30
| 2019 |  | 2018
Life | $ 654,585,723 |  | $466,232,621
Annuities | 113,579,831 |  | 98,137,615
Policyholder account balances | 45,154,180 |  | 46,479,853
Accident and health | 667,428 |  | 482,693
Other policyholder funds | 4,530,227 |  | 4,431,296
Reported but unpaid claims | 4,891,922 |  | 3,365,872
Incurred but not reported claims | 2,191,607 |  | 1,269,764
Gross future policy benefits and unpaid claims | $ 825,600,918 |  | $620,399,714
Receivable from reinsurers |  |  |
Life | 11,040,398 |  | 6,702,328
Annuities | 4,038,007 |  | 4,078,666
Accident and health | 90,113 |  | -
Reported but unpaid claims | 569,250 |  | 33,108
Incurred but not reported claims | 10,000 |  | 6,000
Total receivable from reinsurers | 15,747,768 |  | 10,820,102
Net future policy benefits and unpaid claims | $ 809,853,150 |  | $609,579,612

X
- Definition The entire disclosure for the present values of future benefits to be paid to or on behalf of policyholders and related expenses less the present value of future net premiums using assumptions such as estimates of expected investment yields, mortality, morbidity, terminations and expenses, applicable at the time the insurance contracts are made and unpaid claim costs relating to insurance contracts including estimates of costs relating to incurred but not reported claims based on the estimated ultimate cost of settling the claims (including effects of inflation and other societal and economic factors), using past experience adjusted for current trends and any other factors that would modify past experience by element such as business segment, country and interest rate range. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(13)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 + Details
Name: | us-gaap_ScheduleOfLiabilityForFuturePolicyBenefitsByProductSegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_TableTextBlockSupplementAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration