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Sales Inducements
12 Months Ended
Dec. 31, 2013
Insurance [Abstract]  
Sales Inducements
Sales Inducements

The Company currently offers bonus payments to contract owners on certain of its individual life and annuity products. Expenses incurred related to bonus payments are deferred and amortized over the life of the related contracts in a pattern consistent with the amortization of deferred policy acquisition costs. The Company unlocks the assumption used in the amortization of the deferred sales inducement asset consistent with the unlock of assumptions used in determining EGPs. Deferred sales inducements are included in other assets on the balance sheets and amortization of deferred sales inducements is included in other operating expense on the statements of income and comprehensive income.

Changes in Deferred Sales Inducement Activity:
Years Ended December 31,
($ in millions)
2013
 
2012
 
2011
 
 
 
 
 
 
Deferred asset, beginning of period
$
60.9

 
$
49.7

 
$
20.4

Sales inducements deferred
10.7

 
15.4

 
48.3

Amortization charged to income
(7.3
)
 
(6.8
)
 
(4.9
)
Offsets to net unrealized investment gains or losses included in AOCI
11.4

 
2.6

 
(14.1
)
Deferred asset, end of period
$
75.7

 
$
60.9

 
$
49.7