SCHEDULE 1 - SUMMARY OF INVESTMENTS - OTHER THAN INVESTMENTS IN RELATED PARTIES (10-K)

12 Months Ended

Dec. 31, 2010

SCHEDULE 1 - SUMMARY OF INVESTMENTS - OTHER THAN INVESTMENTS IN RELATED PARTIES [Abstract]

SCHEDULE 1 - SUMMARY OF INVESTMENTS - OTHER THAN INVESTMENTS IN RELATED PARTIES

UTG, INC.

SUMMARY OF INVESTMENTS - OTHER THAN

INVESTMENTS IN RELATED PARTIES

As of December 31, 2010

Schedule I

Column A	Column B		Column C		Column D
					Amount at
					Which Shown
					in Balance
	Cost		Value		Sheet
Fixed maturities:
Bonds:
United States Government and government agencies and authorities	$	0	$	0	$	0
State, municipalities, and political subdivisions	0		0		0
Collateralized mortgage obligations	0		0		0
Public utilities	0		0		0
All other corporate bonds	0		0		0
Total fixed maturities	0		$	0	0
Investments held for sale:
Fixed maturities:
United States Government and government agencies and authorities	74,596,648		$	79,023,933	79,023,933
State, municipalities, and political subdivisions	330,000		335,198		335,198
Collateralized mortgage obligations	16,170,099		16,674,262		16,674,262
Public utilities	904,139		987,025		987,025
All other corporate bonds	50,947,807		50,885,530		50,885,530
	142,948,693		$	147,905,948	147,905,948
Equity securities:
Banks, trusts and insurance companies	5,206,500		$	5,246,200	5,246,200
All other corporate securities	8,734,311		8,638,057		8,638,057
	13,940,811		$	13,884,257	13,884,257
Trading securities:	34,183,252		37,029,550		37,029,550
Mortgage loans on real estate	59,935,447				59,935,447
Investment real estate	53,148,755				53,148,755
Real estate acquired in satisfaction of debt	0				0
Policy loans	13,976,019				13,976,019
Other long-term investments	0				0
Short-term investments	0				0
Total investments	$	318,132,977			$	325,879,976