Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Mar. 31, 2021	Dec. 31, 2020
Assets
(amortized cost: $33,551,489 and $33,784,518 as of March 31, 2021 and December 31, 2020, respectively)	$ 35,178,702	$ 37,677,578
Equity securities, at fair value	35,178,702	37,677,578
Mortgage loans on real estate	3,433,437	3,166,136
Funds withheld under coinsurance agreement, at fair value	47,150,149	46,830,076
Policy loans	166,703	163,725
Real estate, net of depreciation	1,409,461	1,415,743
Total investments	96,737,543	98,474,832
Cash and cash equivalents	5,620,444	4,320,759
Investment income due and accrued	473,120	423,036
Reinsurance related assets	398,252	165,082
Deferred acquisition costs, net	6,940,094	7,105,890
Value of business acquired, net	2,680,128	2,703,233
Property, equipment and software, net	36,757	37,818
Goodwill	277,542	277,542
Deferred tax asset, net of valuation allowance	243,257	243,257
Other assets	515,618	1,635,647
Total assets	113,922,755	115,387,096
Liabilities:
Deposit-type contracts	73,347,975	72,082,207
Policyholder benefit reserves	22,335,281	21,158,568
Dividend accumulation	117,056	116,127
Advance premiums	191,919	102,178
Total policy liabilities	95,992,231	93,459,080
Accounts payable and accrued expenses	142,652	1,507,756
Federal Home Loan Bank advance	(2,000,000)	(2,000,000)
Other liabilities	25,101	15,469
Total liabilities	98,159,984	96,982,305
Shareholders' Equity:
Common stock, $0.10 par value. Authorized 20,000,000 shares; issued and outstanding 7,742,573 and 7,741,487 shares as of March 31, 2021 and December 31, 2020, respectively	774,258	774,150
Additional paid-in capital	23,023,211	23,063,273
Accumulated deficit	(9,333,724)	(8,997,507)
Accumulated other comprehensive income	1,299,026	3,564,875
Total shareholders' equity	15,762,771	18,404,791
Total liabilities and shareholders' equity	113,922,755	115,387,096
Fixed Maturities [Member]
Assets
(amortized cost: $33,551,489 and $33,784,518 as of March 31, 2021 and December 31, 2020, respectively)	35,178,702	37,677,578
Equity securities, at fair value	35,178,702	37,677,578
Equity Securities [Member]
Assets
(amortized cost: $33,551,489 and $33,784,518 as of March 31, 2021 and December 31, 2020, respectively)	9,399,091	9,221,574
Equity securities, at fair value	$ 9,399,091	$ 9,221,574