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Note 4 - Fair Value Measurements - Estimated Fair Values of the Company's Financial Assets and Liabilities (Details) - USD ($)
Mar. 31, 2022
Dec. 31, 2021
Reported Value Measurement [Member]    
Cash and cash equivalents $ 9,426,154 $ 7,955,348
Mortgage loans on real estate 3,226,212 3,653,142
Investment income due and accrued 513,894 698,504
Funds withheld 49,010,741 48,474,206
Policy loans 213,970 173,341
Total Financial Assets (excluding available for sale investments) 62,390,971 60,954,541
Federal Home Loan Bank advance 2,000,000 2,000,000
Policyholder deposits in deposit-type contracts 76,552,926 75,567,873
Total Financial Liabilities 78,552,926 77,567,873
Estimate of Fair Value Measurement [Member]    
Cash and cash equivalents 9,426,154 7,955,348
Mortgage loans on real estate 3,226,212 3,653,142
Investment income due and accrued 513,894 698,504
Funds withheld 49,273,292 49,018,974
Policy loans 213,970 173,341
Total Financial Assets (excluding available for sale investments) 62,653,522 61,499,309
Federal Home Loan Bank advance 2,000,000 2,000,000
Policyholder deposits in deposit-type contracts 73,006,033 78,359,733
Total Financial Liabilities 75,006,033 80,359,733
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]    
Cash and cash equivalents 9,426,154 7,955,348
Mortgage loans on real estate 0 0
Investment income due and accrued 0 0
Funds withheld 0 0
Policy loans 0 0
Total Financial Assets (excluding available for sale investments) 9,426,154 7,955,348
Federal Home Loan Bank advance 0 0
Policyholder deposits in deposit-type contracts 0 0
Total Financial Liabilities 0 0
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member]    
Cash and cash equivalents 0 0
Mortgage loans on real estate 0 0
Investment income due and accrued 0 0
Funds withheld 0 0
Policy loans 0 0
Total Financial Assets (excluding available for sale investments) 0 0
Federal Home Loan Bank advance 0 0
Policyholder deposits in deposit-type contracts 0 0
Total Financial Liabilities 0 0
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member]    
Cash and cash equivalents 0 0
Mortgage loans on real estate 3,226,212 3,653,142
Investment income due and accrued 513,894 698,504
Funds withheld 49,273,292 49,018,974
Policy loans 213,970 173,341
Total Financial Assets (excluding available for sale investments) 53,227,368 53,543,961
Federal Home Loan Bank advance 2,000,000 2,000,000
Policyholder deposits in deposit-type contracts 73,006,033 78,359,733
Total Financial Liabilities $ 75,006,033 $ 80,359,733