Dividends

9 Months Ended

Sep. 30, 2016

Dividends [Abstract]

Dividends

Dividends

The maximum amount of dividends, which can be paid to stockholders by insurance companies domiciled in the State of Colorado, is subject to restrictions relating to statutory surplus and statutory net gain from operations.  Prior to the payment of any dividends, the Company seeks approval from the Colorado Insurance Commissioner.  During the nine months ended September 30, 2016, and 2015, the Company paid dividends of $125,691 and $139,711, respectively, to its parent, GWL&A Financial.