Consolidated Balance Sheets - USD ($)	Dec. 31, 2020	Dec. 31, 2019
Investments available for sale:
Fixed maturities, at fair value (amortized cost $145,606,280 and $159,959,855)	$ 165,779,997	$ 171,629,373
Equity securities, at fair value (cost $36,833,795 and $32,578,862 )	78,075,187	78,661,793
Equity securities, at cost	14,389,189	10,919,247
Mortgage loans on real estate at amortized cost	20,802,365	8,223,286
Investment real estate	38,086,391	44,344,236
Notes receivable	17,682,296	19,487,458
Policy loans	8,590,524	8,803,876
Short-term investments	0	10,442,173
Total investments	343,405,949	352,511,442
Cash and cash equivalents	39,025,754	28,787,629
Accrued investment income	1,341,643	1,679,783
Reinsurance receivables:
Future policy benefits	25,267,920	25,655,161
Policy claims and other benefits	3,988,088	4,142,142
Cost of insurance acquired	4,101,471	4,846,321
Property and equipment, net of accumulated depreciation	348,170	427,736
Other assets	1,577,098	695,517
Total assets	419,056,093	418,745,731
Policy liabilities and accruals:
Future policy benefits	243,990,881	249,264,308
Policy claims and benefits payable	4,169,569	3,631,666
Other policyholder funds	365,761	404,177
Dividend and endowment accumulations	14,836,158	14,626,475
Income taxes payable	268,497	313,662
Deferred income taxes	12,995,714	13,222,604
Trading securities, at fair value (proceeds $11,246 and $0)	12,219	0
Other liabilities	5,275,803	5,785,933
Total liabilities	281,914,602	287,248,825
Shareholders' equity:
Common stock - no par value, stated value $0.001 per share. Authorized 7,000,000 shares - 3,175,5564 and 3,277,830 shares issued and outstanding	3,176	3,279
Additional paid-in capital	33,025,018	36,012,401
Retained earnings	88,068,284	85,979,678
Accumulated other comprehensive income	15,584,241	8,977,914
Total UTG shareholders' equity	136,680,719	130,973,272
Noncontrolling interests	460,772	523,634
Total shareholders' equity	137,141,491	131,496,906
Total liabilities and shareholders' equity	$ 419,056,093	$ 418,745,731