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Reinsurance (Schedule of Significant Reinsurance Balances) (Details) - USD ($)
9 Months Ended
Sep. 30, 2019
Dec. 31, 2018
Recoverable on Unpaid Losses $ 139,727  
Recoverable on Benefit Reserves/Deposit-type Contracts 24,298,516  
Ceded Due Premiums 334,805  
Total Amount Recoverable from Reinsurer $ 24,103,438 $ 23,100,644
Optimum Reinsurance Company [Member]    
AM Best Rating A-  
Recoverable on Benefit Reserves/Deposit-type Contracts $ 489,737  
Total Amount Recoverable from Reinsurer $ 489,737  
Sagicor Life Insurance Company [Member]    
AM Best Rating A-  
Recoverable on Unpaid Losses $ 116,727  
Recoverable on Benefit Reserves/Deposit-type Contracts 11,389,369  
Ceded Due Premiums 270,196  
Total Amount Recoverable from Reinsurer $ 11,235,900 $ 11,494,161
Ironbound Reinsurance Company Limited    
AM Best Rating NR  
Recoverable on Benefit Reserves/Deposit-type Contracts $ 474,577  
Total Amount Recoverable from Reinsurer $ 474,577  
US Alliance Life and Security Company [Member]    
AM Best Rating NR  
Recoverable on Unpaid Losses $ 23,000  
Recoverable on Benefit Reserves/Deposit-type Contracts 11,944,833  
Ceded Due Premiums 64,609  
Total Amount Recoverable from Reinsurer $ 11,903,224