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

3 Months Ended

Mar. 31, 2019

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, 2019
U.S. Treasury securities and obligations of U.S. Government Agencies	$               767	$        495,115	$          455,961	$  40,408,121	$        456,728	$   40,903,236
Obligations of states and political subdivisions	-	-	55,394	3,032,383	55,394	3,032,383
Corporate securities	392,239	11,641,590	1,052,788	23,415,999	1,445,027	35,057,589
Mortgage and other asset-backed securities	24,997	389,730	102,776	1,804,667	127,773	2,194,397
Total unrealized losses	$        418,003	$   12,526,435	$       1,666,919	$  68,661,170	$     2,084,922	$   81,187,605

At December 31, 2018
U.S. Treasury securities and obligations of U.S. Government Agencies	$          10,519	$        695,863	$          717,279	$  39,930,052	$        727,798	$   40,625,915
Obligations of states and political subdivisions	6,643	1,791,257	104,628	2,889,517	111,271	4,680,774
Corporate securities	2,514,549	61,090,431	1,189,588	11,767,349	3,704,137	72,857,780
Mortgage and other asset-backed securities	79,896	1,705,296	228,968	2,690,065	308,864	4,395,361
Redeemable preferred stock	5,125	90,000	-	-	5,125	90,000
Total unrealized losses	$     2,616,732	$   65,372,847	$       2,240,463	$  57,276,983	$     4,857,195	$ 122,649,830