XML 81 R44.htm IDEA: XBRL DOCUMENT v2.4.0.6
Note 1. Significant Accounting Policies and Practices: Funds On Deposit (Policies)
12 Months Ended
Dec. 31, 2012
Policies  
Funds On Deposit

(J)        Funds on Deposit

 

Funds received (net of mortality and expense charges) for certain long-duration contracts (principally deferred annuities and universal life policies) are credited directly to a policyholder liability account, funds on deposit. Withdrawals are recorded directly as a reduction of respective policyholders' funds on deposit. Amounts on deposit were credited at annual rates ranging from 2.7% to 8.0% in 2012, and 2.7% to 5.8% in 2011 and 2.9% to 6.5% in 2010. The average credited rate was 4.1% in 2012, 4.1% in 2011, and 4.1% in 2010.