2) Investments: Schedule of Major categories of net investment income (Tables)

12 Months Ended

Dec. 31, 2019

Tables/Schedules

Schedule of Major categories of net investment income

	2019	2018
Fixed maturity securities	$ 10,372,559	$ 10,041,349
Equity securities	309,918	233,555
Mortgage loans held for investment	18,405,010	18,716,226
Real estate held for investment and sale	8,782,959	8,375,257
Policy loans	554,969	409,589
Insurance assignments	16,086,059	14,771,336
Other investments	184,439	227,930
Cash and cash equivalents	1,824,443	1,264,611
Gross investment income	56,520,356	54,039,853
Investment expenses	(13,500,883)	(14,126,586)
Net investment income	$ 43,019,473	$ 39,913,267