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Investments (Details) - USD ($) | 6 Months Ended | 12 Months Ended
--- | --- | ---
Jun. 30, 2020 | Dec. 31, 2019
U.S. Treasury Securities and Obligations of U.S. Government [Member] |  |
Cost or amortized cost | $ 3,032,168 | $ 7,037,856
Gross unrealized gains | 54,542 | 23,244
Gross unrealized losses - less than 12 months | 0 | 0
Gross unrealized loss - more than 12 months | 0 | 0
Estimated fair value | 3,086,710 | 7,061,100
Net unrealized gains/(losses) | 54,542 | 23,244
Fixed-Maturity Securities Political Subdivisions Of States Territories And Possessions [Member] |  |
Cost or amortized cost | 8,577,207 | 9,151,293
Gross unrealized gains | 423,179 | 181,835
Gross unrealized losses - less than 12 months | 0 | (11,316)
Gross unrealized loss - more than 12 months | 0 | 0
Estimated fair value | 9,000,386 | 9,321,812
Net unrealized gains/(losses) | 423,179 | 170,519
Fixed-Maturity Securities Corporate And Other Bonds Industrial And Miscellaneous [Member] |  |
Cost or amortized cost | 121,977,355 | 119,874,573
Gross unrealized gains | 10,145,949 | 5,777,624
Gross unrealized losses - less than 12 months | (117,056) | (16,685)
Gross unrealized loss - more than 12 months | 0 | (13,473)
Estimated fair value | 132,006,248 | 125,622,039
Net unrealized gains/(losses) | 10,028,893 | 5,747,466
Fixed Maturity Securities Residential Mortgage and other asset backed securities [Member] |  |
Cost or amortized cost | 21,639,537 | 26,138,633
Gross unrealized gains | 256,784 | 437,841
Gross unrealized losses - less than 12 months | (180,701) | (68,793)
Gross unrealized loss - more than 12 months | (342,476) | (276,451)
Estimated fair value | 21,373,144 | 26,231,230
Net unrealized gains/(losses) | (266,393) | 92,597
Fixed Maturity Securities Total Fixed Maturity Securities [Member] |  |
Cost or amortized cost | 155,226,267 | 162,202,355
Gross unrealized gains | 10,880,454 | 6,420,544
Gross unrealized losses - less than 12 months | (297,757) | (96,794)
Gross unrealized loss - more than 12 months | (342,476) | (289,924)
Estimated fair value | (165,466,488) | 168,236,181
Net unrealized gains/(losses) | 10,240,221 | 6,033,826
Equity Securities Preferred Stocks [Member] |  |
Cost or amortized cost | 9,023,896 | 8,374,424
Gross unrealized gains | 88,910 | 339,257
Estimated fair value | 8,647,980 | 8,701,887
Gross unrealized losses | $ (464,826) | $ (11,794)

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