<TABLE> <S> <C>

<ARTICLE> 7

<S>                             <C>                     <C>
<PERIOD-TYPE>                   12-MOS                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1997             DEC-31-1996
<PERIOD-END>                               DEC-31-1997             DEC-31-1996
<DEBT-HELD-FOR-SALE>                                 0                       0
<DEBT-CARRYING-VALUE>                                0                       0
<DEBT-MARKET-VALUE>                                  0                       0
<EQUITIES>                                           0                       0
<MORTGAGE>                                     121,520                 122,853
<REAL-ESTATE>                                        0                       0
<TOTAL-INVEST>                                 121,520                 122,853
<CASH>                                         710,897                 439,676
<RECOVER-REINSURE>                                   0                       0
<DEFERRED-ACQUISITION>                               0                       0
<TOTAL-ASSETS>                              12,839,787              12,881,049
<POLICY-LOSSES>                                      0                       0
<UNEARNED-PREMIUMS>                                  0                       0
<POLICY-OTHER>                                       0                       0
<POLICY-HOLDER-FUNDS>                                0                       0
<NOTES-PAYABLE>                                902,300                 902,300
<PREFERRED-MANDATORY>                                0                       0
<PREFERRED>                                          0                       0
<COMMON>                                        45,934                  45,940
<OTHER-SE>                                  11,890,019              11,931,536
<TOTAL-LIABILITY-AND-EQUITY>                12,839,787              12,881,049
<PREMIUMS>                                           0                       0
<INVESTMENT-INCOME>                             27,127                  13,099
<INVESTMENT-GAINS>                                   0                   2,599
<OTHER-INCOME>                               1,158,995               1,777,848
<BENEFITS>                                           0                       0
<UNDERWRITING-AMORTIZATION>                          0                       0
<UNDERWRITING-OTHER>                           908,905               1,414,291
<INCOME-PRETAX>                                277,217                 376,656
<INCOME-TAX>                                         0                       0
<INCOME-CONTINUING>                            277,217                 376,656
<DISCONTINUED>                                       0                       0
<EXTRAORDINARY>                                      0                       0
<CHANGES>                                            0                       0
<NET-INCOME>                                  (79,316)               (319,083)
<EPS-PRIMARY>                                   (0.06)                  (0.23)
<EPS-DILUTED>                                   (0.06)                  (0.23)
<RESERVE-OPEN>                                       0                       0
<PROVISION-CURRENT>                                  0                       0
<PROVISION-PRIOR>                                    0                       0
<PAYMENTS-CURRENT>                                   0                       0
<PAYMENTS-PRIOR>                                     0                       0
<RESERVE-CLOSE>                                      0                       0
<CUMULATIVE-DEFICIENCY>                              0                       0


</TABLE>