Short-Duration Contracts, Description

NameShortDurationContractsDescription
Namespacehttp://fasb.org/us-gaap/2020-01-31
Prefixus-gaap
Data typexbrli:stringItemType
Period typeduration
Substitution Groupxbrli:item
BalanceNone
NillableTrue
AbstractFalse

Labels

TextLangRoleContainer role
Short-Duration Contracts, Descriptionen-UShttp://www.xbrl.org/2003/role/labelhttp://www.xbrl.org/2003/role/link
Description of insurance products considered to be short-duration contracts because the contract provides insurance protection for a fixed period of short duration and enables the insurer to cancel the contract or to adjust the provisions of the contract at the end of any contract period, such as adjusting the amount of premiums charged or coverage provided.en-UShttp://www.xbrl.org/2003/role/documentationhttp://www.xbrl.org/2003/role/link

References

NameValueRole
PublisherFASBhttp://fasb.org/us-gaap/role/ref/legacyRef
NameAccounting Standards Codificationhttp://fasb.org/us-gaap/role/ref/legacyRef
Topic944http://fasb.org/us-gaap/role/ref/legacyRef
SubTopic40http://fasb.org/us-gaap/role/ref/legacyRef
Section50http://fasb.org/us-gaap/role/ref/legacyRef
Paragraph5http://fasb.org/us-gaap/role/ref/legacyRef
URIhttp://asc.fasb.org/extlink&oid=116884468&loc=d3e14881-158438http://fasb.org/us-gaap/role/ref/legacyRef

Related Parent Concepts

NameRelation TypeRole
us-gaap:ShortDurationInsuranceAndDepositContractsTextBlock
parent-childhttp://fasb.org/us-gaap/role/disclosure/FinancialServicesInsurance