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Schedule I Summary of Investments - Other Than Investments in Related Parties (Details) - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Amortized Cost $ 116,676,312 $ 19,226,841
Fair Value 117,241,861 17,384,183
Total fixed maturities 117,241,861 17,384,183
Total investments, Amortized Cost 137,952,131  
Total Investments, Fair Value 117,817,155  
Total investments, Amount Recognized in Consolidated Balance Sheets 138,602,143 17,428,026
Fixed Maturities [Member]    
Amortized Cost 116,676,312 19,226,841
Fair Value 117,241,861 17,384,183
Total fixed maturities 117,241,861 17,384,183
Fixed Maturities [Member] | U.S. government obligations [Member]    
Amortized Cost 2,091,710 2,112,816
Fair Value 2,081,224 1,995,951
Total fixed maturities 2,081,224 1,995,951
Fixed Maturities [Member] | Mortgage Back Securities [Member]    
Amortized Cost 819,678 1,068,976
Fair Value 798,608 1,004,051
Total fixed maturities 798,608 1,004,051
Fixed Maturities [Member] | Asset-backed Securities [Member]    
Amortized Cost 95,006,241  
Fair Value 95,247,824  
Total fixed maturities 95,247,824  
Fixed Maturities [Member] | States and Political Subdivisions General Obligations [Member]    
Amortized Cost 240,494 265,473
Fair Value 249,282 263,184
Total fixed maturities 249,282 263,184
Fixed Maturities [Member] | States and Political Subdivisions Special Revenue [Member]    
Amortized Cost 25,112 25,231
Fair Value 25,291 25,173
Total fixed maturities 25,291 25,173
Fixed Maturities [Member] | Corporate    
Amortized Cost 18,493,077 15,754,345
Fair Value 18,839,632 14,095,824
Total fixed maturities 18,839,632 $ 14,095,824
Mortgage loans on real estate, held for investment    
Amortized Cost 13,810,041  
Total investments, Amount Recognized in Consolidated Balance Sheets 13,810,041  
Derivatives    
Total investments, Amortized Cost 490,831  
Total Investments, Fair Value 575,294  
Total investments, Amount Recognized in Consolidated Balance Sheets 575,294  
Other invested assets    
Total investments, Amortized Cost 2,468,947  
Total investments, Amount Recognized in Consolidated Balance Sheets 2,468,947  
Investment escrow    
Total investments, Amortized Cost 3,899,986  
Total investments, Amount Recognized in Consolidated Balance Sheets 3,899,986  
Preferred Stock [Member]    
Total investments, Amortized Cost 500,000  
Total investments, Amount Recognized in Consolidated Balance Sheets 500,000  
Policy loans    
Total investments, Amortized Cost 106,014  
Total investments, Amount Recognized in Consolidated Balance Sheets $ 106,014