Schedule I Summary of Investments - Other Than Investments in Related Parties

12 Months Ended

Dec. 31, 2019

Condensed Financial Information Disclosure [Abstract]

Summary of Investments - Other Than Investments in Related Parties

Midwest Holding Inc. and Subsidiaries

Summary of Investments — Other Than Investments in Related Parties

December 31, 2019

					Amount
					Recognized in
	Amortized				Consolidated
	Cost		Fair Value		Balance Sheets
Type of Investment
Fixed maturity securities, available for sale:
U.S. government obligations	$	2,091,710	$	2,081,224	$	2,081,224
Mortgage-back securities		819,678		798,608		798,608
Asset-backed securities		95,006,241		95,247,824		95,247,824
States and political subdivisions -- general obligations		240,494		249,282		249,282
States and political subdivisions -- special revenue		25,112		25,291		25,291
Corporate		18,493,077		18,839,632		18,839,632
Total fixed maturity securities	$	116,676,312	$	117,241,861	$	117,241,861
Mortgage loans on real estate, held for investment		13,810,041		—		13,810,041
Derivatives		490,831		575,294		575,294
Other invested assets		2,468,947		—		2,468,947
Investment escrow		3,899,986		—		3,899,986
Preferred stock		500,000		—		500,000
Policy loans		106,014		—		106,014
Total Investments	$	137,952,131		117,817,155	$	138,602,143