<TABLE> <S> <C>

<ARTICLE> 7
       
<S>                             <C>                     <C>
<PERIOD-TYPE>                   12-MOS                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1996             DEC-31-1995
<PERIOD-END>                               DEC-31-1996             DEC-31-1995
<DEBT-HELD-FOR-SALE>                                 0                       0
<DEBT-CARRYING-VALUE>                                0                       0
<DEBT-MARKET-VALUE>                                  0                       0
<EQUITIES>                                           0                       0
<MORTGAGE>                                     122,853                 182,206
<REAL-ESTATE>                                        0                       0
<TOTAL-INVEST>                                 122,853                 182,206
<CASH>                                         439,676                 364,370
<RECOVER-REINSURE>                                   0                       0
<DEFERRED-ACQUISITION>                               0                       0
<TOTAL-ASSETS>                              12,881,049              13,298,153
<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>                                       740,010                 739,977
<OTHER-SE>                                  11,237,466              11,615,154
<TOTAL-LIABILITY-AND-EQUITY>                12,881,049              13,298,153
<PREMIUMS>                                           0                       0
<INVESTMENT-INCOME>                             92,532                  88,162
<INVESTMENT-GAINS>                               2,599                     905
<OTHER-INCOME>                               1,695,816               2,145,082
<BENEFITS>                                           0                       0
<UNDERWRITING-AMORTIZATION>                          0                       0
<UNDERWRITING-OTHER>                         1,414,291               1,976,238
<INCOME-PRETAX>                                376,656                 257,911
<INCOME-TAX>                                         0                       0
<INCOME-CONTINUING>                            376,656                 257,911
<DISCONTINUED>                                       0                       0
<EXTRAORDINARY>                                      0                       0
<CHANGES>                                            0                       0
<NET-INCOME>                                 (319,083)             (2,147,902)
<EPS-PRIMARY>                                    (.02)                   (.11)
<EPS-DILUTED>                                    (.02)                   (.11)
<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>