CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2011	Dec. 31, 2010
Cash flows from operating activities:
Net income	$ 3,290	$ 990
Adjustments to reconcile net income to net cash provided by operating activities:
Amortization of deferred acquisition costs	10,475	9,775
Acquisition costs deferred	(12,761)	(11,561)
Realized investment (gains) losses, net	(27)	741
Increase in insurance reserves and policyholder funds	8,456	8,689
Depreciation and amortization	388	379
Deferred income tax (benefit) expense	(374)	228
Increase in receivables, net	(2,605)	(3,840)
Increase (decrease) in other liabilities	1,688	(589)
Other, net	598	88
Net cash provided by operating activities	9,128	4,900
Cash flows from investing activities:
Proceeds from investments sold	39,452	3,290
Proceeds from investments matured, called or redeemed	11,976	83,026
Investments purchased	(65,494)	(82,402)
Additions to property and equipment	(56)	(50)
Net cash (used in) provided by investing activities	(14,122)	3,864
Cash flows from financing activities:
Payment of dividends on common stock	(445)	0
Payment of dividends on Series D Preferred Stock	0	(508)
Proceeds from exercise of stock options	222	0
Purchase of treasury shares	(1,823)	(60)
Net cash used in financing activities	(2,046)	(568)
Net (decrease) increase in cash	(7,040)	8,196
Cash and cash equivalents at beginning of year	28,325	20,129
Cash and cash equivalents at end of year	21,285	28,325
Supplemental cash flow information:
Cash paid for interest	2,592	2,615
Cash received for income taxes	$ 0	$ 650