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Policyholder Contract Liabilities (Tables)
9 Months Ended
Sep. 30, 2022
Insurance [Abstract]  
Schedule of Liability for Future Policy Benefits, by Product Segment
Policyholder Obligations at September 30, 2022 and December 31, 2021 were as follows:
(Dollars in Millions)Sep 30,
2022
Dec 31,
2021
FHLB Funding Agreements$602.6 $401.9 
Universal Life-type Policyholder Account Balances101.4 102.1 
Total$704.0 $504.0 
Schedule of Federal Home Loan Bank, Advances, by Branch of FHLB Bank
United Insurance’s liability under the funding agreements with the FHLB of Chicago, the amount of collateral pledged under such agreements and FHLB of Chicago common stock owned by United Insurance at September 30, 2022 and December 31, 2021 is presented below.
(Dollars in Millions)Sep 30,
2022
Dec 31,
2021
Liability under Funding Agreements$602.6 $401.9 
Fair Value of Collateral Pledged686.8 556.6 
FHLB of Chicago Common Stock Owned at Cost16.0 11.8