Consolidated Balance Sheets - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Assets
Available for sale fixed maturity securities (amortized cost: $30,823,397 and $28,069,450 as of December 31, 2019 and December 31, 2018, respectively)	$ 43,294,395	$ 37,869,778
Policy loans	118,930	56,539
Total investments	43,413,325	37,926,317
Cash and cash equivalents	6,678,805	2,077,646
Investment income due and accrued	321,362	286,890
Reinsurance related assets	188,382	161,846
Deferred acquisition costs, net	2,652,674	2,757,404
Value of business acquired, net	559,994	580,297
Property, equipment and software, net	43,841	54,078
Goodwill	277,542	277,542
Deferred tax asset, net of valuation allowance	431,158
Other assets	372,166	406,969
Total assets	54,939,249	44,528,989
Liabilities:
Deposit-type contracts	19,396,614	16,626,218
Policyholder benefit reserves	17,326,524	14,697,519
Dividend accumulation	123,038	176,056
Advance premiums	78,709	56,736
Total policy liabilities	36,924,885	31,556,529
Accounts payable and accrued expenses	122,981	311,082
Federal Home Loan Bank advance	(1,000,000)
Other liabilities	15,186	28,712
Total liabilities	38,063,052	31,896,323
Shareholders' Equity:
Common stock, $0.10 par value. Authorized 20,000,000 shares; issued and outstanding 7,734,004 and 7,650,551 shares as of December 31, 2019 and December 31, 2018, respectively	773,401	765,056
Additional paid-in capital	23,210,257	22,989,443
Accumulated deficit	(9,436,956)	(8,937,404)
Accumulated other comprehensive income (loss)	2,329,495	(2,184,429)
Total shareholders' equity	16,876,197	12,632,666
Total liabilities and shareholders' equity	54,939,249	44,528,989
Fixed Maturities [Member]
Assets
Available for sale fixed maturity securities (amortized cost: $30,823,397 and $28,069,450 as of December 31, 2019 and December 31, 2018, respectively)	33,152,892	26,983,803
Equities, Including Equity Securities and Other Equity Investments [Member]
Assets
Available for sale fixed maturity securities (amortized cost: $30,823,397 and $28,069,450 as of December 31, 2019 and December 31, 2018, respectively)	$ 10,141,503	$ 10,885,975