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

9 Months Ended

Sep. 30, 2019

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 September 30, 2019
U.S. Treasury securities and obligations of U.S. Government Agencies	$            2,966	$        658,550	$            32,106	$  19,885,300	$          35,072	$   20,543,850
Corporate securities	191,271	5,965,416	504,851	4,416,332	696,122	10,381,748
Mortgage and other asset-backed securities	10,067	379,177	32,671	706,509	42,738	1,085,686
Total unrealized losses	$        204,304	$     7,003,143	$          569,628	$  25,008,141	$        773,932	$   32,011,284

At December 31, 2018
U.S. Treasury securities and obligations of U.S. Government Agencies	$          10,519	$        695,863	$          717,279	$  39,930,052	$        727,798	$   40,625,915
Obligations of states and political subdivisions	6,643	1,791,257	104,628	2,889,517	111,271	4,680,774
Corporate securities	2,514,549	61,090,431	1,189,588	11,767,349	3,704,137	72,857,780
Mortgage and other asset-backed securities	79,896	1,705,296	228,968	2,690,065	308,864	4,395,361
Redeemable preferred stock	5,125	90,000	-	-	5,125	90,000
Total unrealized losses	$     2,616,732	$   65,372,847	$       2,240,463	$  57,276,983	$     4,857,195	$ 122,649,830