SEC Schedule, Article 12-15, Summary of Investments - Other than Investments in Related Parties

12 Months Ended

Dec. 31, 2011

SEC Schedule, Article 12-15, Summary of Investments - Other than Investments in Related Parties

Summary of Investments, Other than Investments in Related Parties [Text Block]

	SCHEDULE I
INDEPENDENCE HOLDING COMPANY AND SUBSIDIARIES
SUMMARY OF INVESTMENTS – OTHER THAN INVESTMENTS IN RELATED PARTIES
DECEMBER 31, 2011

										AMOUNT
										SHOWN IN
										BALANCE
TYPE OF INVESTMENT						COST		VALUE		SHEET
						(In thousands)
FIXED MATURITIES:
	United States Government and
			Government agencies and
			authorities		$	165,346	$	167,167	$	167,167
	GSEs(1)					59,633		59,851		59,851
	States, municipalities and
			political subdivisions			250,361		255,402		255,402
	Public utilities					34,056		34,475		34,475
	All other debt securities					319,854		325,978		325,978
			TOTAL FIXED MATURITIES			829,250		842,873		842,873
EQUITY SECURITIES:
	Common stock					6,537		6,699		6,699
	Non-redeemable preferred
		stocks				29,818		30,842		30,842
		TOTAL EQUITY SECURITIES				36,355		37,541		37,541
Short-term investments						50		50		50
Securities purchased under
	agreements to resell					17,258		17,258		17,258
Investment partnership interests						4,139		4,139		4,139
Operating partnership interests						6,829		6,829		6,829
Policy loans						23,109		23,109		23,109
Investment in trust subsidiaries						1,146		1,146		1,146
				TOTAL INVESTMENTS	$	918,136	$	932,945	$	932,945