Policyholder Obligations (Tables)

9 Months Ended

Sep. 30, 2024

Insurance [Abstract]

Schedule of Liability for Future Policy Benefits, by Product Segment

Policyholder Obligations at September 30, 2024 and December 31, 2023 were as follows:

(Dollars in Millions)	Sep 30, 2024		Dec 31, 2023
FHLB Funding Agreements	$	521.3	$	557.4
Universal Life-type Policyholder Account Balances	97.0		98.3
Total	$	618.3	$	655.7

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, 2024 and December 31, 2023 is presented below.

(Dollars in Millions)	Sep 30, 2024		Dec 31, 2023
Liability under Funding Agreements	$	521.3	$	557.4
Fair Value of Collateral Pledged	666.1		629.3
FHLB of Chicago Common Stock Owned at Cost	16.4		16.6