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

9 Months Ended

Sep. 30, 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 September 30, 2017
U.S. Treasury Securities and Obligations of U.S. Government Agencies	$    182,493	$ 51,456,444	$       44,050	$    851,779	$     226,543	$ 52,308,223
Obligations of states and political subdivisions	18,357	2,486,400	58,915	1,651,253	77,272	4,137,653
Corporate securities	286,166	16,526,010	999,195	10,820,005	1,285,361	27,346,015
Mortgage-backed securities	68,972	2,026,033	102,451	1,156,803	171,423	3,182,836
Total unrealized losses	$     555,988	$ 72,494,887	$   1,204,611	$ 14,479,840	$  1,760,599	$   86,974,727
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 September 30, 2017
Industrial, miscellaneous and all other	$      150,581	108	$      669,370	92	$      819,951
Total unrealized losses	$      150,581	108	$      669,370	92	$      819,951
Fair Value	$      988,159		$   1,444,994		$   2,433,153
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