Reinsurance (Tables)

9 Months Ended

Sep. 30, 2015

Reinsurance [Abstract]

Summary of Significant Reinsurance Amounts

	September 30, 2015		December 31, 2014
Balance sheets:
Benefit and claim reserves assumed	$	2,763,249	$	2,678,376
Benefit and claim reserves ceded		27,664,804		29,012,678

	Three months ended September 30,				Nine months ended September 30,
	2015		2014		2015		2014
Statements of comprehensive income:
Premiums assumed	$	6,162	$	6,504	$	19,830	$	21,777
Premiums ceded		69,005		76,886		226,375		272,370
Benefits assumed		3,206		1,198		55,165		55,592
Benefits ceded		217,543		373,581		750,036		808,667
Commissions assumed		2		33		12		49
Commissions ceded		875		1,510		2,729		5,037

Schedule of Significant Reinsurance Balances

						Recoverable on				Total Amount
		Recoverable		Recoverable		Benefit		Ceded		Recoverable
	AM Best	on Paid		on Unpaid		Reserves/Deposit-		Due		from
Reinsurer	Rating	Losses		Losses		type Contracts		Premiums		Reinsurer
Security National Life	NR	$	-	$	71,960	$	15,609,686	$	53,006	$	15,628,640
Optimum Re Insurance Company	A-		-		16,624		132,288		-		148,912
Sagicor Life Insurance Company	A-		-		318,169		11,800,641		231,558		11,887,252
		$	-	$	406,753	$	27,542,615	$	284,564	$	27,664,804