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

9 Months Ended

Sep. 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 September 30, 2016
U.S. Treasury Securities and Obligations of U.S. Government Agencies	$            8,548	2	$                      -	0	$            8,548
Obligations of states and political subdivisions	44,269	19	-	0	44,269
Corporate securities including public utilities	278,815	41	2,293,977	36	2,572,792
Mortgage-backed securities	93,184	37	20,977	1	114,161
Total unrealized losses	$        424,816	99	$       2,314,954	37	$     2,739,770
Fair Value	$   25,434,664		$     11,731,253		$   37,165,917
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 September 30, 2016
Industrial, miscellaneous and all other	$      327,241	126	$      809,317	109	$   1,136,558
Total unrealized losses	$      327,241	126	$      809,317	109	$   1,136,558
Fair Value	$   2,090,748		$   2,040,729		$   4,131,477
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