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

3 Months Ended

Mar. 31, 2018

Fixed Maturities

Schedule of Unrealized Loss on Investments

	Unrealized Losses for Less than Twelve Months	Fair Value	Unrealized Losses for More than Twelve Months	Fair Value	Total Unrealized Loss	Fair Value
At March 31, 2018
U.S. Treasury Securities and Obligations of U.S. Government Agencies	$       897,420	$  51,456,932	$           63,356	$      623,360	$       960,776	$   52,080,292
Obligations of states and political subdivisions	17,903	1,419,010	127,648	2,690,329	145,551	4,109,339
Corporate securities	620,598	33,678,083	684,528	11,365,056	1,305,126	45,043,139
Mortgage and other asset-backed securities	107,265	2,102,664	141,754	1,658,340	249,019	3,761,004
Redeemable preferred stock	344	11,268	-	-	344	11,268
Total unrealized losses	$    1,643,530	$  88,667,957	$      1,017,286	$ 16,337,085	$    2,660,816	$ 105,005,042
At December 31, 2017
U.S. Treasury Securities and Obligations of U.S. Government Agencies	$       532,010	$  51,606,699	$           47,413	$      643,380	$       579,423	$   52,250,079
Obligations of states and political subdivisions	296	214,882	70,717	2,225,021	71,013	2,439,903
Corporate securities	167,786	11,551,865	839,718	13,193,258	1,007,504	24,745,123
Mortgage and other asset-backed securities	56,756	2,516,660	105,375	1,676,494	162,131	4,193,154
Redeemable preferred stock	191	11,421	-	-	191	11,421
Total unrealized losses	$       757,039	$  65,901,527	$      1,063,223	$ 17,738,153	$    1,820,262	$   83,639,680

Equity Securities

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 December 31, 2017
Industrial, miscellaneous and all other	$    213,097	98	$    419,572	81	$    632,669
Total unrealized losses	$    213,097	98	$    419,572	81	$    632,669
Fair Value	$    847,718		$ 1,329,213		$ 2,176,931