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

3 Months Ended

Mar. 31, 2017

Fixed Maturities

Schedule of Unrealized Loss on Investments

	Unrealized Losses for Less than Twelve Months	Fair Value	Unrealized Losses for More than Twelve Months	Fair Value	Total Unrealized Loss	Fair Value
At March 31, 2017
U.S. Treasury Securities and Obligations of U.S. Government Agencies	$57,240	$1,345,231	$-	$-	$57,240	$1,345,231
Obligations of states and political subdivisions	132,140	3,270,595	-	-	132,140	3,270,595
Corporate securities	1,094,907	29,075,748	1,348,331	12,362,900	2,443,238	41,438,648
Mortgage-backed securities	126,828	1,745,284	106,758	1,470,559	233,586	3,215,843
Redeemable preferred stock	8,627	98,110	-	-	8,627	98,110
Total unrealized losses	$1,419,742	$35,534,968	$1,455,089	$13,833,459	$2,874,831	$49,368,427
At December 31, 2016
U.S. Treasury Securities and Obligations of U.S. Government Agencies	$66,111	$1,342,088	$-	$-	$66,111	$1,342,088
Obligations of states and political subdivisions	133,249	3,686,856	-	-	133,249	3,686,856
Corporate securities	1,728,312	41,796,016	1,998,701	12,969,135	3,727,013	54,765,151
Mortgage-backed securities	176,715	4,176,089	104,156	940,278	280,871	5,116,367
Total unrealized losses	$2,104,387	$51,001,049	$2,102,857	$13,909,413	$4,207,244	$64,910,462

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 March 31, 2017
Industrial, miscellaneous and all other	$178,006	149	$638,772	105	$816,778
Total unrealized losses	$178,006	149	$638,772	105	$816,778
Fair Value	$3,955,133		$1,154,812		$5,109,945
At December 31, 2016
Industrial, miscellaneous and all other	$215,563	124	$643,529	104	$859,092
Total unrealized losses	$215,563	124	$643,529	104	$859,092
Fair Value	$2,063,144		$1,685,874		$3,749,018