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2) Investments: Schedule of Major categories of net investment income (Tables)
12 Months Ended
Dec. 31, 2017
Tables/Schedules  
Schedule of Major categories of net investment income

 

 

2017

2016

Fixed maturity securities held to maturity

 $ 10,626,400

 $  9,083,858

Equity securities available for sale

        245,490

        270,942

Mortgage loans held for investment

   12,498,578

   11,398,986

Real estate held for investment

   11,703,947

   10,969,828

Policy loans

        488,561

        498,444

Insurance assignments

   13,289,818

   11,876,836

Other investments

        105,218

         25,122

Short-term investments

        543,528

        268,988

Gross investment income

   49,501,540

   44,393,004

Investment expenses

  (14,438,572)

  (12,414,403)

Net investment income

 $ 35,062,968

 $ 31,978,601