<TABLE> <S> <C>

<ARTICLE> 7

<S>                                         <C>                      <C>
<PERIOD-TYPE>                               YEAR                     YEAR
<FISCAL-YEAR-END>                                        DEC-31-1999             DEC-31-1998
<PERIOD-END>                                             DEC-31-1999             DEC-31-1998
<DEBT-HELD-FOR-SALE>                                      30,191,357               1,505,406
<DEBT-CARRYING-VALUE>                                    144,751,111             174,240,848
<DEBT-MARKET-VALUE>                                      142,675,019             179,885,379
<EQUITIES>                                                 2,165,556               2,087,416
<MORTGAGE>                                                15,483,772              10,941,614
<REAL-ESTATE>                                              7,805,569              10,529,183
<TOTAL-INVEST>                                           217,654,756             215,381,037
<CASH>                                                    19,767,463              25,752,842
<RECOVER-REINSURE>                                        39,923,392              40,529,901
<DEFERRED-ACQUISITION>                                     9,777,536              11,840,548
<TOTAL-ASSETS>                                           320,875,023             328,736,837
<POLICY-LOSSES>                                                    0                       0
<UNEARNED-PREMIUMS>                                                0                       0
<POLICY-OTHER>                                           252,490,695             254,386,798
<POLICY-HOLDER-FUNDS>                                     18,670,224              19,471,114
<NOTES-PAYABLE>                                           14,864,193              17,369,993
<PREFERRED-MANDATORY>                                              0                       0
<PREFERRED>                                                        0                       0
<COMMON>                                                      54,538                  54,539
<OTHER-SE>                                                29,105,798              30,767,845
<TOTAL-LIABILITY-AND-EQUITY>                             320,875,023             328,736,837
<PREMIUMS>                                                21,581,143              26,396,077
<INVESTMENT-INCOME>                                       14,498,500              15,069,404
<INVESTMENT-GAINS>                                          (530,894)               (851,822)
<OTHER-INCOME>                                               210,422                  17,937
<BENEFITS>                                                22,252,384              26,342,405
<UNDERWRITING-AMORTIZATION>                                3,759,898               7,079,529
<UNDERWRITING-OTHER>                                       9,916,849              13,542,639
<INCOME-PRETAX>                                             (169,960)             (6,332,977)
<INCOME-TAX>                                                (170,957)              4,466,691
<INCOME-CONTINUING>                                         (377,957)             (1,949,825)
<DISCONTINUED>                                                     0                       0
<EXTRAORDINARY>                                                    0                       0
<CHANGES>                                                          0                       0
<NET-INCOME>                                                (377,957)             (1,949,825)
<EPS-BASIC>                                                    (6.93)                 (35.74)
<EPS-DILUTED>                                                  (6.93)                 (35.74)
<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>