<TABLE> <S> <C>

<ARTICLE> 7
       
<S>                             <C>                     <C>
<PERIOD-TYPE>                   YEAR                    YEAR
<FISCAL-YEAR-END>                          DEC-31-1997             DEC-31-1996
<PERIOD-END>                               DEC-31-1997             DEC-31-1996
<DEBT-HELD-FOR-SALE>                        31,483,324              24,476,239
<DEBT-CARRYING-VALUE>                       10,501,712              14,974,962
<DEBT-MARKET-VALUE>                         10,631,003              15,140,919
<EQUITIES>                                     839,973                       0
<MORTGAGE>                                           0                       0
<REAL-ESTATE>                                        0                       0
<TOTAL-INVEST>                              50,870,390              51,319,216
<CASH>                                       2,448,994                 206,056
<RECOVER-REINSURE>                             359,688                 379,692
<DEFERRED-ACQUISITION>                      15,451,689              16,979,612
<TOTAL-ASSETS>                              82,142,465              81,809,360
<POLICY-LOSSES>                              1,409,031                 985,720
<UNEARNED-PREMIUMS>                          7,108,662               8,249,190
<POLICY-OTHER>                                 427,649                 293,221
<POLICY-HOLDER-FUNDS>                           59,686                  59,596
<NOTES-PAYABLE>                              1,000,000               1,000,000
<PREFERRED-MANDATORY>                                0                       0
<PREFERRED>                                          0                       0
<COMMON>                                     1,907,989               1,907,989
<OTHER-SE>                                   4,011,519               4,011,519
<TOTAL-LIABILITY-AND-EQUITY>                82,142,465              81,809,360
<PREMIUMS>                                   7,643,650               7,915,027
<INVESTMENT-INCOME>                          3,545,311               3,318,627
<INVESTMENT-GAINS>                             506,795                 869,502
<OTHER-INCOME>                                       0                       0
<BENEFITS>                                   4,431,474               3,813,361
<UNDERWRITING-AMORTIZATION>                  3,542,617               3,364,738
<UNDERWRITING-OTHER>                         3,382,255               3,246,552
<INCOME-PRETAX>                                249,410               1,588,505
<INCOME-TAX>                                    54,200                 196,000
<INCOME-CONTINUING>                            195,210               1,392,505
<DISCONTINUED>                                       0                       0
<EXTRAORDINARY>                                      0                       0
<CHANGES>                                            0                       0
<NET-INCOME>                                   195,210               1,392,505
<EPS-PRIMARY>                                      .10                     .73
<EPS-DILUTED>                                      .10                     .73
<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>