v3.26.1
Schedule of Balances of and Changes in Deferred Profit Liability for Traditional and Limited- Payment Life (Details) - Traditional And Limited Payment Life [Member] - USD ($)
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Effects of Reinsurance [Line Items]    
Effect of actual variances from expected experience [1] $ (2,090,326) $ (1,872,267)
Interest accrual 10,380,153 10,298,015
Net liability for future policy benefits, post-flooring 570,378,453 560,123,835
Less: Receivable from reinsurers 9,053,706 9,262,372
Net liability for future policy benefits, after reinsurance 561,324,747 550,861,463
Deferred Profit Liability [Member]    
Effects of Reinsurance [Line Items]    
Balance, beginning of year 205,802,774 192,278,993
Effect of actual variances from expected experience [2] (1,026,648) (1,320,624)
Adjusted balance, beginning of period 204,776,126 190,958,369
Profits deferred 16,091,911 16,632,303
Interest accrual 2,553,079 2,394,251
Amortization (14,934,255) (14,635,574)
Other adjustments
Net liability for future policy benefits, post-flooring 208,486,861 195,349,349
Less: Receivable from reinsurers 972,336 1,011,354
Net liability for future policy benefits, after reinsurance $ 207,514,525 $ 194,337,995
[1] For the three months ended March 31, 2026, and 2025, the net effect of actual variances from expected experience was primarily due to lapses. Actual mortality and surrenders were close to expected.
[2] For the three months ended March 31, 2026, and 2025, the net effect of actual variances from expected experience was primarily due to lapses. Actual mortality and surrenders were close to expected.