Deferred Sales Inducements (Tables)

12 Months Ended

Dec. 31, 2014

Schedule of Deferred Sales Inducement

DSI at December 31 and the changes in the balance for years then ended are as follows:

	2014			2013			2012
Balance, beginning of year	$	1,076,530			673,944			1,167,736
Capitalization		143,717			131,127			161,828
Amortization		(183,504	)		(242,605	)		(289,641	)
Interest		35,528			38,936			43,279
Change in shadow DSI		(225,271	)		475,128			(409,258	)
Balance, end of year	$	847,000			1,076,530			673,944