Reserves (Tables)

12 Months Ended

Dec. 31, 2015

Schedule of Reserve Information of Major Product Lines

The following table provides reserve information of the Company's major product lines at the dates shown:



	December 31, 2015								December 31, 2014
					Claims and Benefits Payable								Claims and Benefits Payable
	Future Policy Benefits and Expenses		Unearned Premiums		Case Reserves		Incurred But Not Reported Reserves		Future Policy Benefits and Expenses		Unearned Premiums		Case Reserves		Incurred But Not Reported Reserves
Long Duration Contracts:
Preneed funeral life insurance policies and investment-type annuity contracts	$	843,955	$	21	$	5,087	$	3,317	$	906,864	$	42	$	5,737	$	3,021
Life insurance no longer offered	245,062		393		1,452		961		251,495		525		1,485		1,163
FFG, LTC and other disposed businesses	1,752,171		24,449		304,339		36,465		1,714,854		25,227		265,886		34,869
All other	34,231		398		12,641		10,749		33,493		370		13,616		9,707
Short Duration Contracts:
Group term life	—		2,386		159,165		29,885		—		2,780		160,789		27,730
Group disability	—		1,914		1,034,503		97,688		—		1,430		1,063,982		104,953
Medical	—		6		1,331		91		—		22		1,412		726
Dental	—		4,141		1,557		16,123		—		3,773		2,106		16,448
Credit disability	—		14		—		1,842		—		14		—		1,962
All other	—		354		429		2,291		—		172		360		1,986
Total	$	2,875,419	$	34,076	$	1,520,504	$	199,412	$	2,906,706	$	34,355	$	1,515,373	$	202,565

Schedule of Most Significant Claims and Benefits Payable

The following table provides a roll forward of the Company's product lines with the most significant claims and benefits payable balances: group term life and group disability lines of business. Claims and benefits payable is comprised of case and IBNR reserves.



	Group Term Life			Group Disability
Balance as of December 31, 2012, gross of reinsurance	$	192,607		$	1,229,425
Less: Reinsurance ceded and other (1)	(2,612		)	(33,494		)
Balance as of January 1, 2013, net of reinsurance	189,995			1,195,931
Incurred losses related to:
Current year	116,735			275,567
Prior year's interest	7,388			53,255
Prior year (s)	(12,207		)	(29,995		)
Total incurred losses	111,916			298,827
Paid losses related to:
Current year	72,794			68,769
Prior year (s)	41,891			262,215
Total paid losses	114,685			330,984
Balance as of December 31, 2013, net of reinsurance	187,226			1,163,774
Plus: Reinsurance ceded and other (1)	2,296			34,642
Balance as of December 31, 2013, gross of reinsurance	$	189,522		$	1,198,416
Less: Reinsurance ceded and other (1)	(2,296		)	(34,642		)
Balance as of January 1, 2014, net of reinsurance	187,226			1,163,774
Incurred losses related to:
Current year	119,725			278,082
Prior year's interest	7,187			50,610
Prior year (s)	(14,875		)	(34,238		)
Total incurred losses	112,037			294,454
Paid losses related to:
Current year	74,687			78,411
Prior year (s)	39,322			248,166
Total paid losses	114,009			326,577
Balance as of December 31, 2014, net of reinsurance	185,254			1,131,651
Plus: Reinsurance ceded and other (1)	3,265			37,284
Balance as of December 31, 2014 gross of reinsurance	$	188,519		$	1,168,935
Less: Reinsurance ceded and other (1)	(3,265		)	(37,284		)
Balance as of January 1, 2015, net of reinsurance	185,254			1,131,651
Incurred losses related to:
Current year	129,161			258,077
Prior year's interest	6,993			48,989
Prior year (s)	(15,558		)	(19,610		)
Total incurred losses	120,596			287,456
Paid losses related to:
Current year	81,726			73,862
Prior year (s)	37,723			250,628
Total paid losses	119,449			324,490
Balance as of December 31, 2015, net of reinsurance	186,401			1,094,617
Plus: Reinsurance ceded and other (1)	2,649			37,574
Balance as of December 31, 2015 gross of reinsurance	$	189,050		$	1,132,191

(1) Reinsurance ceded and other includes claims and benefits payable balances that have either been (a) reinsured to third parties, (b) established for claims related expenses whose subsequent payment is not recorded as a paid claim, or (c) reserves established for obligations that would persist even if contracts were cancelled (such as extension of benefits), which cannot be analyzed appropriately under a roll-forward approach.