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2) Investments: Schedule of Major categories of net investment income (Tables) | 12 Months Ended
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Dec. 31, 2019
Tables/Schedules |
Schedule of Major categories of net investment income |
| 2019 |  | 2018
Fixed maturity securities | $ 10,372,559 |  | $ 10,041,349
Equity securities | 309,918 |  | 233,555
Mortgage loans held for investment | 18,405,010 |  | 18,716,226
Real estate held for investment and sale | 8,782,959 |  | 8,375,257
Policy loans | 554,969 |  | 409,589
Insurance assignments | 16,086,059 |  | 14,771,336
Other investments | 184,439 |  | 227,930
Cash and cash equivalents | 1,824,443 |  | 1,264,611
Gross investment income | 56,520,356 |  | 54,039,853
Investment expenses | (13,500,883) |  | (14,126,586)
Net investment income | $ 43,019,473 |  | $ 39,913,267

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