Note 9. Policy Benefits and Claims: Schedule of Liability for Unpaid Claims and Claims Adjustment Expense (Tables)

12 Months Ended

Dec. 31, 2015

Tables/Schedules

Schedule of Liability for Unpaid Claims and Claims Adjustment Expense

		2015		2014		2013
Balance at beginning of year	$	236,803	$	237,754	$	194,480
Less: reinsurance recoverable		78,531		72,772		78,629
Net balance at beginning of year		158,272		164,982		115,851
Amount assumed		10,343		-		15,384
Amount incurred, related to:
Current year		294,390		303,973		324,040
Prior years		(8,488)		(4,552)		(3,230)
Total incurred		285,902		299,421		320,810
Amount paid, related to:
Current year		169,488		192,001		207,315
Prior years		104,948		114,130		79,748
Total paid		274,436		306,131		287,063
Net balance at end of year		180,081		158,272		164,982
Plus:  reinsurance recoverable		65,362		78,531		72,772
Balance at end of year	$	245,443	$	236,803	$	237,754