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2) Investments: Schedule of Major categories of net investment income (Tables) | 12 Months Ended
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Dec. 31, 2018
Tables/Schedules |
Schedule of Major categories of net investment income |
| 2018 |  | 2017
Fixed maturity securities held to maturity | $ 10,041,349 |  | $ 10,626,400
Equity securities | 233,555 |  | 245,490
Mortgage loans held for investment | 18,716,226 |  | 12,749,000
Real estate held for investment | 8,375,257 |  | 11,453,525
Policy loans | 409,589 |  | 488,561
Insurance assignments | 14,771,336 |  | 13,289,818
Other investments | 227,930 |  | 105,218
Cash and cash equivalents | 1,264,611 |  | 543,528
Gross investment income | 54,039,853 |  | 49,501,540
Investment expenses | (14,126,586) |  | (14,438,572)
Net investment income | $ 39,913,267 |  | $ 35,062,968

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