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Note 2: Investments: Schedule of Unrealized Loss on Investments (Tables)
12 Months Ended
Dec. 31, 2012
Fixed Maturities
 
Tables/Schedules  
Schedule of Unrealized Loss on Investments

 

 

 

Unrealized Losses for Less than Twelve Months

No. of Investment Positions

Unrealized Losses for More than Twelve Months

No. of Investment Positions

Total Unrealized Loss

At December 31, 2012

Redeemable Preferred Stock

 $

               1,200

         1

 $

                     -  

        -  

 $

               1,200

Obligations of States and

    Political Subdivisions

                     -  

        -  

               3,982

         2

               3,982

Corporate Securities

           191,662

       16

           415,660

         9

           607,322

Mortgage and other

asset-backed securities

                     -  

        -  

             76,056

         3

             76,056

Total unrealized losses

 $

           192,862

       17

 $

           495,698

       14

 $

           688,560

Fair Value

 $

        4,609,268

 $

        3,972,091

 $

        8,581,359

At December 31, 2011

Redeemable Preferred Stock

 $

                  800

         1

           128,400

         1

 $

           129,200

Obligations of States and

    Political Subdivisions

                     -  

        -  

             13,156

         2

             13,156

Corporate Securities

        1,544,224

       47

           723,922

       12

        2,268,146

Mortgage and other

asset-backed securities

           161,300

         3

           195,599

         1

           356,899

Total unrealized losses

 $

        1,706,324

       51

 $

        1,061,077

       16

 $

        2,767,401

Fair Value

 $

      24,249,533

 $

        3,762,892

 $

      28,012,425

 

 

 

 

Equity Securities
 
Tables/Schedules  
Schedule of Unrealized Loss on Investments

 

 

 

Unrealized Losses for Less than Twelve Months

 

No. of Investment Positions

 

Unrealized Losses for More than Twelve Months

 

No. of Investment Positions

 

Total Unrealized Losses

At December 31, 2012

Non-redeemable preferred stock

 $

                686

         1

 $

                800

         1

 $

             1,486

Industrial, miscellaneous and all other

         236,293

       39

         734,616

       44

         970,909

Total unrealized losses

 $

         236,979

       40

 $

         735,416

       45

 $

         972,395

Fair Value

 $

      1,422,436

 $

      1,493,538

 $

      2,915,974

At December 31, 2011

Non-redeemable preferred stock

 $

                   -  

 -

 $

             1,843

         2

 $

             1,843

Industrial, miscellaneous and all other

         955,400

       79

         378,024

       14

      1,333,424

Total unrealized losses

 $

         955,400

       79

 $

         379,868

       16

 $

      1,335,266

Fair Value

 $

      2,857,082

 $

         560,529

 $

      3,417,611