3) Investments: Schedule of Unrealized Loss on Investments (Tables)

6 Months Ended

Jun. 30, 2016

Fixed Maturities

Schedule of Unrealized Loss on Investments

	Unrealized Losses for Less than Twelve Months	No. of Investment Positions	Unrealized Losses for More than Twelve Months	No. of Investment Positions	Total Unrealized Loss
At June 30, 2016
U.S. Treasury Securities and Obligations of U.S. Government Agencies	$                    -	0	$                  -	0	$                    -
Obligations of states and political subdivisions	-	0	-	0	-
Corporate securities including public utilities	962,234	27	2,770,974	34	3,733,208
Mortgage-backed securities	134,865	5	-	0	134,865
Total unrealized losses	$     1,097,099	32	$   2,770,974	34	$     3,868,073
Fair Value	$   11,502,761		$   9,977,552		$   21,480,313
At December 31, 2015
U.S. Treasury Securities and Obligations of U.S. Government Agencies	$            4,743	2	$                  -	0	$            4,743
Obligations of states and political subdivisions	-	0	1,040	1	1,040
Corporate securities including public utilities	3,701,572	98	1,800,171	18	5,501,743
Mortgage-backed securities	75,580	4	-	0	75,580
Total unrealized losses	$     3,781,895	104	$   1,801,211	19	$     5,583,106
Fair Value	$   34,076,401		$   3,809,957		$   37,886,358

Equity Securities

Schedule of Unrealized Loss on Investments

	Unrealized Losses for Less than Twelve Months	No. of Investment Positions	Unrealized Losses for More than Twelve Months	No. of Investment Positions	Total Unrealized Losses
At June 30, 2016
Industrial, miscellaneous and all other	$      577,290	145	$      772,237	103	$   1,349,527
Total unrealized losses	$      577,290	145	$      772,237	103	$   1,349,527
Fair Value	$   2,514,410		$   1,916,072		$   4,430,482
At December 31, 2015
Industrial, miscellaneous and all other	$      997,862	222	$      676,232	74	$   1,674,093
Total unrealized losses	$      997,862	222	$      676,232	74	$   1,674,093
Fair Value	$   4,177,709		$      760,860		$   4,938,569