3) Investments: Schedule of Unrealized Loss on Investments (Tables)

3 Months Ended

Sep. 30, 2012

Fixed Maturities

Tables/Schedules

Schedule of Unrealized Loss on Investments

	Unrealized Losses for Less than Twelve Months	No. of Investment Positions	Unrealized Losses for More than Twelve Months	No. of Investment Positions	Total Unrealized Loss
At September 30, 2012
Obligations of states and political subdivisions	$                  -	-	$          6,119	2	$          6,119
Corporate securities including public utilities	129,509	23	518,877	11	648,386
Mortgage-backed securities	-	-	111,241	4	111,241
Redeemable preferred stock	-	-	2,000	1	2,000
Total unrealized losses	$      129,509	23	$      638,237	18	$      767,746
Fair Value	$   4,701,177		$   7,091,113		$ 11,792,290
At December 31, 2011
Obligations of states and political subdivisions	$                  -	-	$        13,156	2	$        13,156
Corporate securities including public utilities	1,544,224	47	723,922	12	2,268,146
Mortgage-backed securities	161,300	3	195,600	1	356,900
Redeemable preferred stock	800	1	128,400	1	129,200
Total unrealized losses	$   1,706,324	51	$   1,061,078	16	$   2,767,402
Fair Value	$ 24,249,533		$   3,762,892		$ 28,012,425

Equity Securities

Tables/Schedules

Schedule of Unrealized Loss on Investments

	Unrealized Losses for Less than Twelve Months	No. of Investment Positions	Unrealized Losses for More than Twelve Months	No. of Investment Positions	Total Unrealized Losses
At September 30, 2012
Non-redeemable preferred stock	$                 -	-	$         1,100	1	$         1,100
Industrial, miscellaneous and all other	148,049	36	1,101,967	50	1,250,016
Total unrealized losses	$     148,049	36	$  1,103,067	51	$  1,251,116
Fair Value	$  1,390,452		$  1,638,714		$  3,029,166
At December 31, 2011
Non-redeemable preferred stock	$                 -	-	$         1,843	2	$         1,843
Industrial, miscellaneous and all other	955,400	79	378,024	14	1,333,424
Total unrealized losses	$     955,400	79	$     379,867	16	$  1,335,267
Fair Value	$  2,857,082		$     560,529		$  3,417,611