Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Mar. 31, 2017	Dec. 31, 2016
Assets
Available for sale securities	$ 17,155,562	$ 15,463,578
Cash and cash equivalents	2,177,660	3,145,745
Investment income due and accrued	94,458	100,713
Reinsurance related assets	31,597	31,390
Deferred acquisition costs, net	186,846	153,792
Property, equipment and software, net	236,265	244,849
Other assets	889,468	51,922
Total assets	20,771,856	19,191,989
Liabilities:
Deposit-type contracts	3,856,221	3,398,170
Policyholder benefit reserves	4,609,783	4,220,215
Advance premiums	133,191	121,944
Total policy liabilities	8,599,195	7,740,329
Accounts payable and accrued expenses	69,268	66,472
Other liabilities	813,909	4,205
Total liabilities	9,482,372	7,811,006
Shareholders' Equity:
Common stock, $0.10 par value. Authorized 9,000,000 shares; issued and outstanding 5,583,702 and 5,565,943 shares as of March 31, 2017 and December 31, 2016, respectively	558,371	556,595
Additional paid-in capital	18,069,599	18,017,163
Accumulated deficit	(7,600,984)	(7,432,236)
Accumulated other comprehensive income	262,498	239,461
Total shareholders' equity	11,289,484	11,380,983
Total liabilities and shareholders' equity	20,771,856	19,191,989
Fixed Maturities [Member]
Assets
Available for sale securities	11,688,456	10,320,074
Equities, Including Equity Securities and Other Equity Investments [Member]
Assets
Available for sale securities	$ 5,467,106	$ 5,143,504