Deferred Policy Acquisition Costs Roll Forward (Tables)

12 Months Ended

Dec. 31, 2019

Deferred Policy Acquisition Costs Roll Forward

Deferred policy acquisition costs rollforward

The following table provides an analysis of the roll forward of the Company’s deferred policy acquisition costs:

	Year ended December 31
	2019			2018
Deferred policy acquisition costs at beginning of year	$	3,489,728		$	4,162,771
Policy acquisition costs deferred during year		5,090,712			5,235,788
Policy acquisition costs amortized during year		(4,960,846	)		(5,908,831	)
Deferred policy acquisition costs at end of year	$	3,619,594		$	3,489,728