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Reinsurance (Schedule of Significant Reinsurance Balances) (Details) - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Recoverable on Unpaid Losses $ 153,538  
Recoverable on Benefit Reserves/Deposit-type Contracts 30,765,421  
Ceded Due Premiums 339,435  
Total Amount Recoverable from Reinsurer $ 30,579,524 $ 23,100,644
Ironbound Reinsurance Company Limited [Member]    
AM Best Rating NR  
Recoverable on Benefit Reserves/Deposit-type Contracts $ 4,213,699  
Total Amount Recoverable from Reinsurer $ 4,213,699  
Optimum Reinsurance Company [Member]    
AM Best Rating A  
Recoverable on Benefit Reserves/Deposit-type Contracts $ 489,770  
Total Amount Recoverable from Reinsurer $ 489,770  
Sagicor Life Insurance Company [Member]    
AM Best Rating A-  
Recoverable on Unpaid Losses $ 130,538  
Recoverable on Benefit Reserves/Deposit-type Contracts 11,347,962  
Ceded Due Premiums 270,273  
Total Amount Recoverable from Reinsurer $ 11,208,227 $ 11,494,161
SDA Annuity and Life Re [Member]    
AM Best Rating NR  
Recoverable on Benefit Reserves/Deposit-type Contracts $ 2,506,911  
Total Amount Recoverable from Reinsurer $ 2,506,911  
US Alliance Life And Security Company Member    
AM Best Rating NR  
Recoverable on Unpaid Losses $ 23,000  
Recoverable on Benefit Reserves/Deposit-type Contracts 12,207,079  
Ceded Due Premiums 69,162  
Total Amount Recoverable from Reinsurer $ 12,160,917