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Consolidated Balance Sheets - USD ($)
Dec. 31, 2018
Dec. 31, 2017
Assets    
Available for sale securities $ 37,869,778 $ 33,609,215
Policy loans 56,539 33,975
Total investments 37,926,317 33,643,190
Cash and cash equivalents 2,077,646 651,809
Investment income due and accrued 286,890 214,998
Reinsurance related assets 161,846 249,879
Deferred acquisition costs, net 2,757,404 2,963,057
Value of business acquired, net 580,297 600,601
Property, equipment and software, net 54,078 221,077
Goodwill 277,542 277,542
Other assets 406,969 166,184
Total assets 44,528,989 38,988,337
Liabilities:    
Deposit-type contracts 16,626,218 13,448,891
Policyholder benefit reserves 14,697,519 11,488,979
Dividend accumulation 176,056
Advance premiums 56,736 7,507
Total policy liabilities 31,556,529 24,945,377
Accounts payable and accrued expenses 311,082 98,382
Other liabilities 28,712 8,876
Total liabilities 31,896,323 25,052,635
Shareholders' Equity:    
Common stock, $0.10 par value. Authorized 20,000,000 shares; issued and outstanding 7,650,551 and 7,310,939 shares as of December 31, 2018 and December 31, 2017, respectively 765,056 731,095
Additional paid-in capital 22,989,443 21,280,437
Accumulated deficit (8,937,404) (8,481,268)
Accumulated other comprehensive income (loss) (2,184,429) 405,438
Total shareholders' equity 12,632,666 13,935,702
Total liabilities and shareholders' equity 44,528,989 38,988,337
Fixed Maturities [Member]    
Assets    
Available for sale securities 26,882,239 22,945,700
Equities, Including Equity Securities and Other Equity Investments [Member]    
Assets    
Available for sale securities $ 10,987,539 $ 10,663,515