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

12 Months Ended

Dec. 31, 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 December 31, 2019
U.S. Treasury Securities and Obligations
of U.S. Government Agencies	$          20,211	$   30,629,288	$            5,004	$   10,000,400	$          25,215	$   40,629,688
Obligations of States and Political Subdivisions	9,026	3,062,889	-	-	9,026	3,062,889
Corporate Securities	118,746	7,184,311	344,667	3,950,509	463,413	11,134,820
Mortgage and other asset-backed securities	205,470	13,266,443	34,707	502,769	240,177	13,769,212
Total unrealized losses	$        353,453	$   54,142,931	$        384,378	$   14,453,678	$        737,831	$   68,596,609

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