MEMBERS Life Insurance S-1 25 Mar 15 2014 FY IPO registration Financial data

Document_and_Entity_Informatio

Document and Entity Information	12 Months Ended
	Dec. 31, 2014
Document and Entity Information:
Entity Registrant Name	MEMBERS Life Insurance Co
Document Type	S-1
Document Period End Date	31-Dec-14
Amendment Flag	FALSE
Entity Central Index Key	1562577
Current Fiscal Year End Date	-19
Entity Filer Category	Non-accelerated Filer
Entity Current Reporting Status	No
Entity Voluntary Filers	Yes
Entity Well-known Seasoned Issuer	Yes
Document Fiscal Year Focus	2014
Document Fiscal Period Focus	FY

Balance_Sheets

Balance Sheets (USD $)	Dec. 31, 2014		Dec. 31, 2013
In Thousands, unless otherwise specified
Investments
Debt securities, available for sale, at fair value	$13,194	[1]	$6,556	[2]
Policy loans	104		110
Receivable for securities sold	15		15
Total investments	13,313		6,681
Cash and cash equivalents	5,602		11,105
Accrued investment income	80		64
Reinsurance recoverable from affiliate	25,199		25,525
Assets on deposit	349,937		89,313
Premiums receivable, net	28		32
Net deferred tax asset	440		611
Receivable from affiliate	2,765		2,865
Other assets and receivables	220		502
Federal income taxes recoverable from affiliate	1,797		1,884
Total assets	399,381		138,582
Liabilities
Claim and policy benefit reserves - life and health	22,368		23,196
Policyholder account balances	353,549		93,047
Unearned premiums	3		3
Payables to affiliates	1,292		870
Accounts payable and other liabilities	2,954		2,365
Total liabilities	380,166		119,481
Commitments and contingencies		[3]		[3]
Stockholder's equity
Common stock	5,000	[4]	5,000	[4]
Additional paid in capital	10,500		10,500
Accumulated other comprehensive income, net of tax	222	[5]	269	[6]
Retained earnings (deficit)	3,493		3,332
Total stockholder's equity	19,215		19,101
Total liabilities and stockholder's equity	$399,381		$138,582
[1]	Amortized cost - $12,854
[2]	Amortized cost - $6,144
[3]	Note 11.
[4]	Common stock, $5 par value, authorized 1,000 shares; issued and outstanding 1,000 shares
[5]	Accumulated other comprehensive income, net of tax expense - $118
[6]	Accumulated other comprehensive income, net of tax expense - $143

Balance_Sheets_Parenthetical

Balance Sheets - Parenthetical (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, except Share data, unless otherwise specified
Balance Sheets
Common Stock, Par Value	$5	$5
Common Stock, Shares Authorized	1,000	1,000
Common Stock, Shares Issued	1,000	1,000
Common Stock, Shares Outstanding	1,000	1,000
Amortized cost of debt securities available for sale	$12,854	$6,144
Tax expense (benefit) in Accumulated Other Comprehensive Income	$118	$143

Statements_of_Operations_and_C

Statements of Operations and Comprehensive Income (Loss) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014		Dec. 31, 2013		Dec. 31, 2012
Revenues
Life and health premiums, net	$127	[1]	$139	[1]	($20,459)	[1]
Contract charges	24	[1]	46	[1]	460	[1]
Net investment income	278		176		1,928
Net realized investment gains					4,319
Other income			293
Total revenues	429		654		-13,752
Benefits and expenses
Life and health insurance claims and benefits, net	112	[1]	179	[1]	-20,028	[1]
Interest credited to policyholder account balances	8	[1]	9	[1]	158	[1]
Operating and other expenses	137	[2]	86	[2]	1,087	[2]
Total benefits and expenses	257		274		-18,783
Income (loss) before income taxes	172		380		5,031
Income tax expense (benefit)	11		249		1,679
Net income (loss)	161		131		3,352
Change in unrealized gains (losses), net of tax expense (benefit)	-47	[3]	-154	[3],[4]	390	[3],[5]
Reclassification adjustment for (gains) included in net income, net of tax expense (benefit)		[3]		[3]	-2,654	[3],[6]
Other Comprehensive Income (Loss)	-47		-154		-2,264
Total Comprehensive Income (Loss)	$114		($23)		$1,088
[1]	Note 7.
[2]	Note 6.
[3]	Net of tax expense (benefit) - ($25).
[4]	Net of tax expense (benefit) - ($105).
[5]	Net of tax expense (benefit) - $210.
[6]	Net of tax (benefit) - ($1,429).

Statements_of_Operations_and_C1

Statements of Operations and Comprehensive Income (Loss) - Parenthetical (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Statements of Operations and Comprehensive Income (Loss)
Tax expense (benefit) portion of change in unrealized gains (losses)	($25)	($105)	$210
Tax expense (benefit) portion of Reclassification Adjustment for losses (gains) included in net income			($1,429)

Statements_of_Stockholders_Equ

Statements of Stockholders' Equity (USD $)	Common Stock	Additional Paid-in Capital	Accumulated Other Comprehensive Income	Retained Earnings (Deficit)	Total
In Thousands
Balance at Dec. 31, 2011	$5,000	$28,500	$2,687	($151)	$36,036
Net Income (Loss)				3,352	3,352
Return of capital to parent		-18,000			-18,000
Other Comprehensive Income (Loss)			-2,264		-2,264
Balance at Dec. 31, 2012	5,000	10,500	423	3,201	19,124
Net Income (Loss)				131	131
Other Comprehensive Income (Loss)			-154		-154
Balance at Dec. 31, 2013	5,000	10,500	269	3,332	19,101
Net Income (Loss)				161	161
Other Comprehensive Income (Loss)			-47		-47
Balance at Dec. 31, 2014	$5,000	$10,500	$222	$3,493	$19,215

Statements_of_Cash_Flows

Statements of Cash Flows (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014		Dec. 31, 2013		Dec. 31, 2012
Cash flows from operating activities:
Net Income (Loss)	$161		$131		$3,352
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Policyholder charges on investment type contracts	-24	[1]	-46	[1]	-460	[1]
Net realized investment gains					-4,319
Interest credited to policyholder account balances	8	[1]	9	[1]	158	[1]
Amortization of bond premium and discount	75		86		249
Amortization and write off of deferred charges	26		21		274
Premium deficiency - loss recognition event					742
Increase (Decrease) in Accrued investment income	-16		9		74
Increase (Decrease) in Reinsurance recoverable	326	[2]	611	[2]	-27	[2]
Increase (Decrease) in Premiums receivable	4		2		11
Increase (Decrease) in Net deferred tax asset	197		675		3,501
Increase (Decrease) in Other assets and receivables	356		-1,079		80
Increase (Decrease) in Federal income taxes recoverable	87		1,892		-1,191
Increase (Decrease) in Insurance reserves	-828		-916		-604
Increase (Decrease) in Unearned premiums			-1		-14
Increase (Decrease) in Accounts payable and other liabilities	955		2,892		14
Net cash provided by operating activities	1,327		4,286		1,840
Cash flows from investing activities:
Purchases of available for sale investments - Debt Securities	-7,535				-4,976
Proceeds form sale or maturity of investments - Debt Securities	750		1,665		4,148
Net payments received on policy loans	6				145
Net cash provided by (used in) investing activities	-6,779		1,665		-683
Cash flows from financing activities:
Policyholder account deposits	252,273		89,726		361
Policyholder account withdrawals	-3,581		-930		-158
Assets on deposit - deposits	-252,273		-89,382
Assets on deposit - withdrawals	3,531		813
Return of Capital		[3]		[3]	-296	[3]
Change in bank overdrafts	-1		1		9
Net cash provided by (used in) financing activities	-51		228		-84
Change in cash and cash equivalents	-5,503		6,179		1,073
Cash and cash equivalents at beginning of period	11,105		4,926		3,853
Cash and cash equivalents at end of period	5,602		11,105		4,926
Supplemental disclosure of cash information:
Cash received during the period for income taxes	$273		$2,318		$629
[1]	Note 7.
[2]	Note 7, Non-cash Disclosure.
[3]	Note 6, Non-cash Disclosure.

Nature_of_Business

Nature of Business	12 Months Ended
	Dec. 31, 2014
Notes
Nature of Business	Note 1:  Nature of Business
	MEMBERS Life Insurance Company (“MLIC” or the “Company”) is a life and health insurance stock company organized under the laws of Iowa and a wholly-owned subsidiary of CUNA Mutual Investment Corporation (“CMIC”). CMIC is organized under the laws of Wisconsin and is a wholly-owned subsidiary of CMFG Life Insurance Company (“CMFG Life”), an Iowa life insurance company. CMFG Life and its affiliated companies primarily sell insurance and other products to credit unions and their members.  The Company’s ultimate parent is CUNA Mutual Holding Company (“CMHC”), a mutual insurance holding company organized under the laws of Iowa.  In 2013, MLIC began selling single premium deferred annuity contracts to credit union members through face-to-face and direct response distribution channels.  Prior to 2013, MLIC did not actively market new business; it primarily serviced existing blocks of individual and group life policies.  In January 2013, the Company entered into a reinsurance agreement with CMFG Life to cede 100% of any new business written.  In October 2012, the Company entered into a reinsurance agreement with CMFG Life and ceded 95% of its business in force.
	MLIC is authorized to sell life, health and annuity policies in all states in the U.S. and the District of Columbia, except New York.  The following table identifies states with premiums greater than 5% of total direct premium and states with deposits on annuity contracts greater than 5% of total deposits:
					Deposits on
		Direct Life and Health Premium			Annuity Contracts
		2014	2013	2012	2014	2013
	Michigan	63 %	64 %	65 %	12 %	11 %
	Texas	22	22	21	8	*
	California	5	5	*	*	*
	Iowa	*	*	*	8	17
	Rhode Island	*	*	*	8	6
	Wisconsin	*	*	*	7	7
	Indiana	*	*	*	6	6
	Pennsylvania	*	*	*	6	5
	Florida	*	*	*	5	*
	Utah	*	*	*	*	5
	*Less than 5%.
	No other state represents more than 5% of the Company’s premiums or deposits for any year in the three years ended December 31, 2014.
	CMFG Life provides significant services required in the conduct of the Company’s operations. Management believes allocations of expenses are reasonable, but the results of the Company’s operations may have materially differed from the results reflected in the accompanying financial statements if the Company did not have this relationship.

Summary_of_Significant_Account

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2014
Notes
Summary of Significant Accounting Policies	Note 2:  Summary of Significant Accounting Policies
	Basis of Presentation
	The financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”).
	Use of Estimates
	The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period.  Actual results could differ from those estimates and in some cases the difference could be material.  Investment valuations, embedded derivatives, deferred tax asset valuation reserves, and claim and policyholder benefit reserves are most affected by the use of estimates and assumptions.
	Segment Reporting
	The Company is currently managed as two reportable business segments, (1) life and health and (2) annuities. Prior to 2013 when the Company began selling single premium deferred annuity contracts, the Company was managed as one reportable business segment, life and health.
	Investments
	Debt securities: Investments in debt securities are classified as available for sale and are carried at fair value.  A debt security is considered other-than-temporarily impaired when the fair value is less than the amortized cost basis and its value is not expected to recover through the Company's anticipated holding period of the security.  If a credit loss exists, but the Company does not intend to sell the impaired debt security and is not more likely than not to be required to sell before recovery, it is required to bifurcate the impairment into the loss that is attributable to credit and non-credit related components.  The credit portion of the other-than-temporary impairment (“OTTI”) is the difference between the present value of the expected future cash flows and amortized cost.  Only the estimated credit loss amount is recognized in net realized investment gains, with the remainder of the loss amount recognized in other comprehensive loss.  If the Company intends to sell or it is more likely than not that the Company will be required to sell before anticipated recovery in value, the Company records a realized loss equal to the difference between the amortized cost and fair value. The fair value of the other-than-temporarily impaired security becomes its new cost basis.  In determining whether an unrealized loss is expected to be other than temporary, the Company considers, among other factors, any plans to sell the security, the severity of impairment, financial position of the issuer, recent events affecting the issuer’s business and industry sector, credit ratings, and the intent and ability of the Company to hold the investment until the fair value has recovered at least its cost basis.
	Unrealized gains and losses on investments in debt securities, net of deferred federal income taxes, are included in accumulated other comprehensive income as a separate component of stockholder’s equity.
	Policy loans:  Policy loans are reported at their unpaid principal balance.  Valuation allowances are not established for policy loans, as they are fully collateralized by the cash surrender value of the underlying insurance policies.  Any unpaid principal or interest on the loan is deducted from the cash surrender value or the death benefit prior to settlement of the insurance policy.  Policy loans that were allocated to CMFG Life as payment for the 2012 reinsurance agreement are $1,975 and $2,091 at December 31, 2014 and 2013, respectively.
	Net investment income:  Interest income related to mortgage-backed and other structured securities is recognized on an accrual basis using a constant effective yield method, based on anticipated prepayments and the estimated economic life of the securities.  When estimates of prepayments change, the effective yield is recalculated to reflect actual payments to date and anticipated future payments and such adjustments are reflected in net investment income.  Prepayment assumptions for loan backed bonds and structured securities are based on industry averages or internal estimates.  Interest income related to non-structured securities is recognized on an accrual basis using a constant effective yield method.  Discounts and premiums on debt securities are amortized over the estimated lives of the respective securities on an effective yield basis.
	Net realized gains and losses:  Realized gains and losses on the sale of investments are determined on a specific identification basis and are recorded on the trade date.
	Derivative Financial Instruments
	The Company issues single premium deferred annuity contracts that contain embedded derivatives.  Derivatives embedded within non-derivative host contracts are separated from the host instrument when the embedded derivative is not clearly and closely related to the host instrument.  Such embedded derivatives are recorded at fair value, and they are reported as part of assets on deposit and policyholder account balances in the balance sheets, with the change in the value being recorded in net realized investment gains.  See Note 3, Investments-Embedded Derivatives for additional information.
	Changes in the fair value of the embedded derivative in assets on deposit offset changes in the fair value of the embedded derivative in policyholder account balances; both of these changes are included in net realized investment gains. Accretion of the interest on assets on deposit offsets accretion of the interest on the host contract; both of these amounts are included in interest credited on policyholder account balances.
	Cash and Cash Equivalents
	Cash and cash equivalents include unrestricted deposits in financial institutions with maturities of 90 days or less.  The Company recognizes a liability in accounts payable and other liabilities for the amount of checks issued in excess of its current cash balance. The change in this overdraft amount is recognized as a financing activity in the Company’s statement of cash flows.
	Recognition of Insurance Revenue and Related Benefits
	Term-life and whole-life insurance premiums are recognized as premium income when due. Policy benefits for these products are recognized in relation to the premiums so as to result in the recognition of profits over the expected lives of the policies and contracts.
	Amounts collected on policies not subject to significant mortality or longevity risk, such as the Company’s single premium deferred annuity contracts, are considered investment contracts and are recorded as increases in policyholder account balances.  Revenues from investment contracts principally consist of net investment income and contract charges such as expense and surrender charges.  Expenses for investment contracts consist of interest credited to contracts, benefits incurred in excess of related policyholder account balances and policy maintenance costs.  Because the Company has entered into an agreement with CMFG Life to cede 100% of this business, these revenues and expenses are ceded and do not impact the statement of operations and comprehensive income (loss). See Note 7, Reinsurance for additional information on this agreement.
	Other Income
	Other income in 2013 is a settlement received on investments that had previously been sold.
	Deferred Policy Acquisition Costs
	The costs of acquiring insurance business that are directly related to the successful acquisition of new and renewal business are deferred to the extent that such costs are expected to be recoverable from future profits.  Such costs principally include commissions and sales costs, direct response advertising costs, premium taxes, and certain policy issuance and underwriting costs. Costs deferred on term-life and whole-life insurance products, deferred policy acquisition costs (“DAC”), are amortized in proportion to the ratio of the annual premium to the total anticipated premiums generated.  Due to the age of the existing block of policies all DAC has been fully amortized as of December 31, 2014 and 2013 and there was no amortization expense in 2014, 2013 or 2012.  Acquisition costs on the Company’s single premium deferred annuity contracts are reimbursed through a ceding commission by CMFG Life, which assumes all deferrable costs as part of its agreement to assume 100% of this business from the Company. See Note 7, Reinsurance for additional information on this agreement.
	Insurance Reserves
	Life and health claim and policy benefit reserves consist principally of future policy benefit reserves and reserves for estimates of future payments on incurred claims reported but not yet paid and unreported incurred claims.  Such estimates are developed using actuarial principles and assumptions based on past experience adjusted for current trends.  Any change in the probable ultimate liabilities is reflected in net income in the period in which the change is determined.
	When actual experience indicates that existing contract liabilities, together with the present value of future gross premiums will not be sufficient to recover the present value of future benefits or recover unamortized deferred acquisition costs, a premium deficiency will be recognized by either a reduction in unamortized acquisition costs or an increase in the liability for future benefits.  The Company recognized $742 of additional reserves due to a loss recognition event in 2012.  There was no premium deficiency in 2014 or 2013.
	Policyholder Account Balances
	The Company recognizes a liability at the stated account value for policyholder deposits that are not subject to significant policyholder mortality or longevity risk and for universal life-type policies.  The account value equals the sum of the original deposit and accumulated interest, less any withdrawals and expense charges.  The average credited rate was 4.5% in 2014, 2013 and 2012.  The future minimum guaranteed interest rate during the life of the contracts is 4.5%.
	The single premium deferred annuities, which are included in policyholder account balances, have two risk control accounts, referred to as the Secure and Growth Accounts; the Secure Account has a yearly credited interest rate floor of 0%, and the yearly Growth Account floor is -10%.  The Secure and Growth Accounts both have credited interest rate caps that vary with issuance. Interest is credited at the end of each contract year during the selected index term based on the allocation between risk control accounts and the performance of an external index during that contract year. The growth account is based on the S&P 500 Index.  At the end of the initial index term only the Secure Account will be available as an option to the policyholder.  The average annualized credited rate was 1.10% and .72% in 2014 and 2013, respectively.
	Accounts Payable and Other Liabilities
	The Company issues annuity contracts on the 10th and 25th of each month.   The Company recognizes a liability on contracts for which it has received cash, but has not issued a policy.
	Reinsurance
	Reinsurance premiums, claims and benefits, commission expense reimbursements, and reserves related to reinsured business ceded are accounted for on a basis consistent with the accounting for the underlying direct policies that have been ceded and the terms of the reinsurance contracts.  Premiums and insurance claims and benefits in the statements of operations and comprehensive income (loss) are reported net of the amounts ceded to other companies under such reinsurance contracts.  Ceded insurance reserves and ceded benefits paid are included in reinsurance recoverables along with certain ceded policyholder account balances, which include mortality risk.  A prepaid reinsurance asset is also recorded for the portion of unearned premiums related to ceded policies.
	Assets on Deposit
	Assets on deposit represent the amount of policyholder account balances related to the single premium deferred annuity contracts (investment-type contracts) that are ceded to CMFG Life.  These investment-type contracts are accounted for on a basis consistent with the accounting for the underlying contracts.  Since the related product is an investment-type contract, the Company accounts for the reinsurance of these contracts using the deposit method of accounting consistent with the terms of the ceding agreement.  The related contract charges and interest credited to policyholder account balances in the statements of operations and comprehensive income (loss) are reported net of the amounts ceded under the agreement. See Note 7 for a further discussion of the ceding agreement.
	Income Taxes
	The Company recognizes taxes payable or refundable and deferred taxes for the tax consequences of differences between the financial reporting and tax basis of assets and liabilities.  Deferred tax assets and liabilities are measured by applying the enacted tax rates to the difference between the financial statement and tax basis of assets and liabilities.  The Company records current tax benefits and deferred tax assets utilizing a benefits-for-loss approach.  Under this approach, current benefits are realized and deferred tax assets are considered realizable by the Company when realized or realizable by the consolidated group of which the Company is a member even if the benefits would not be realized on a stand-alone basis.  The Company records a valuation allowance for deferred tax assets if it determines it is more likely than not that the asset will not be realized by the consolidated group.  Deferred income tax assets can be realized through future earnings, including, but not limited to, the generation of future income, reversal of existing temporary differences and available tax planning strategies.
	The Company is subject to tax-related audits.  These audits may result in additional tax assets or liabilities.  In establishing tax liabilities, the Company determines whether a tax position is more likely than not to be sustained under examination by the appropriate taxing authority. Tax positions that do not meet the more likely than not standard are not recognized. Tax positions that meet this standard are recognized in the financial statements within net deferred tax assets or liabilities or federal income taxes recoverable or payable.
	Accounting Standards Updates Pending Adoption
	In May 2014, the Financial Accounting Standards Board (“FASB”) issued a comprehensive new revenue recognition standard, Accounting Standards Update (“ASU”) No. 2014-09, Revenue from Contracts with Customers (“ASU 2014-09”).  This ASU must be applied retrospectively beginning in 2017 and early adoption is not permitted.  The new guidance will supersede nearly all existing revenue recognition guidance by establishing a five step, principles-based process; however, it will not impact the accounting for insurance contracts, leases, financial instruments, and guarantees.  For those contracts that are impacted by the new guidance, ASU 2014-09 will require an entity to recognize revenue upon the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods and services.  The Company is currently evaluating the impact of ASU 2014-09 on its financial statements.
	In November 2014, the FASB issued ASU No. 2014-16, Determining Whether the Host Contract in a Hybrid Financial Instrument Issued in the Form of a Share Is More Akin to Debt or to Equity (“ASU 2014-16”), effective in 2016.  This ASU does not change the current criteria in GAAP for determining when separation of certain embedded derivative features in a hybrid financial instrument is required.  Entities will continue to evaluate whether the economic characteristics and risks of the embedded derivative feature are clearly and closely related to those of the host contract, among other relevant criteria.  The amendments clarify how current GAAP should be interpreted in evaluating the economic characteristics and risks of a host contract in a hybrid financial instrument that is issued in the form of a share.  Specifically, the amendments clarify that an entity should consider all relevant terms and features—including the embedded derivative feature being evaluated for bifurcation—in evaluating the nature of the host contract.  Furthermore, the amendments clarify that no single term or feature would necessarily determine the economic characteristics and risks of the host contract.  Rather, the nature of the host contract depends upon the economic characteristics and risks of the entire hybrid financial instrument.  The Company is currently evaluating the impact of ASU 2014-16 but does not expect it to have a material impact on its financial statements.  ASU 2014-16 must be applied to existing hybrid financial instruments as of the beginning of a reporting period on a modified retrospective basis; full retrospective application is permitted.

Investments

Investments	12 Months Ended
	Dec. 31, 2014
Notes
Investments	Note 3:  Investments
	Note 3—Investments, Debt Securities
	Debt Securities
	The amortized cost, gross unrealized gains and losses, and estimated fair values, as reported on the balance sheet, of debt securities at December 31, 2014 are as follows:
		Amortized	Gross Unrealized		Estimated
		Cost	Gains	Losses	Fair Value
	U.S. government and agencies	$ 9,888	$ 103	$ (4)	$ 9,987
	Mortgage-backed securities:
	Residential mortgage-backed	2,966	241	-	3,207
	Total debt securities	$ 12,854	$ 344	$ (4)	$ 13,194
	The amortized cost, gross unrealized gains and losses, and estimated fair values, as reported on the balance sheet, of debt securities at December 31, 2013 are as follows:
		Amortized	Gross Unrealized		Estimated
		Cost	Gains	Losses	Fair Value
	U.S. government and agencies	$ 2,403	$ 153	$ -	$ 2,556
	Mortgage-backed securities:
	Residential mortgage-backed	3,741	259	-	4,000
	Total debt securities	$ 6,144	$ 412	$ -	$ 6,556
	No investments were non-income producing in 2014 or 2013.
	The amortized cost and estimated fair values of investments in debt securities at December 31, 2014, by contractual maturity, are shown below.  Expected maturities may differ from contractual maturities because certain borrowers have the right to call or prepay obligations with or without call or prepayment penalties.   Because of the potential for prepayment on mortgage-backed securities, such securities have not been displayed in the table below by contractual maturity.
		Amortized	Estimated
		Cost	Fair Value
	Due after one year through five years	$ 9,888	$ 9,987
	Mortgage-backed securities:
	Residential mortgage-backed	2,966	3,207
	Total debt securities	$ 12,854	$ 13,194
	Net Investment Income
	Sources of investment income for the years ended December 31 are summarized as follows:
			2014	2013	2012
	Gross investment income:
	Debt securities		$ 304	$ 275	$ 1,829
	Policy loans		8	8	165
	Other investments		-	6	39
	Total gross investment income		312	289	2,033
	Investment expenses		(34)	(113)	(105)
	Net investment income		$ 278	$ 176	$ 1,928
	Net Realized Investment Gains
	Net realized investment gains for the years ended December 31 are summarized as follows:
		2014	2013	2012
	Debt securities
	Gross gains on sales	$ -	$ -	$ 4,319
	Net realized investment gains	$ -	$ -	$ 4,319
	Net realized investment gains in 2012 were due to the transfer of investments to CMFG Life in payment of ceded premium for the Company’s coinsurance agreement (see Note 7), the transfer of investments to CMIC for the return of capital (see Note 6) and on sales.  Proceeds from the sale of debt securities were $1,757 in 2012.  There were no sales or transfers of debt securities in 2014 or 2013 that resulted in a realized investment gain or loss.
	Other-Than-Temporary Investment Impairments
	Investment securities are reviewed for OTTI on an ongoing basis.  The Company creates a watchlist of securities based largely on the fair value of an investment security relative to its cost basis.  When the fair value drops below the Company’s cost, the Company monitors the security for OTTI.  The determination of OTTI requires significant judgment on the part of the Company and depends on several factors, including, but not limited to:
	·                               The existence of any plans to sell the investment security.
	·                               The extent to which fair value is less than book value.
	·                               The underlying reason for the decline in fair value (credit concerns, interest rates, etc.).
	·                               The financial condition and near term prospects of the issuer/borrower, including the ability to meet contractual obligations, relevant industry trends and conditions.
	·                               The Company’s intent and ability to retain the investment for a period of time sufficient to allow for an anticipated recovery in fair value.
	·                               The Company’s ability to recover all amounts due according to the contractual terms of the agreements.
	·                               The Company’s collateral position in the case of bankruptcy or restructuring.
	A debt security is considered other-than-temporarily impaired when the fair value is less than the amortized cost basis and its value is not expected to recover through the Company's anticipated holding period of the security.  If a credit loss exists, but the Company does not intend to sell the impaired debt security and is not more likely than not to be required to sell before recovery, it is required to bifurcate the impairment into the loss that is attributable to credit and non-credit related risk.  The credit portion of the OTTI is the difference between the present value of the expected future cash flows and amortized cost.  Only the estimated credit loss amount is recognized in earnings, with the remainder of the loss amount recognized in other comprehensive loss.  If the Company intends to sell, at the time this determination is made, the Company records a realized loss equal to the difference between the amortized cost and fair value. The fair value of the other-than-temporarily impaired security becomes its new cost basis.  In determining whether an unrealized loss is expected to be other than temporary, the Company considers, among other factors, any plans to sell the security, the severity of impairment, financial position of the issuer, recent events affecting the issuer’s business and industry sector, credit ratings, and the ability of the Company to hold the investment until the fair value has recovered at least its cost basis.
	For securitized debt securities, the Company considers factors including, commercial and residential property changes in value that vary by property type and location and average cumulative collateral loss rates that vary by vintage year. These assumptions require the use of significant management judgment and include the probability of issuer default and estimates regarding timing and amount of expected recoveries. In addition, projections of expected future debt security cash flows may change based upon new information regarding the performance of the issuer and/or underlying collateral.
	For certain securitized financial assets with contractual cash flows, the Company is required to periodically update its best estimate of cash flows over the life of the security.  If the fair value of a securitized financial asset is less than its cost or amortized cost and there has been a decrease in the present value of the estimated cash flows since the last revised estimate, considering both timing and amount, an OTTI charge is recognized.  The Company also considers its intent to retain a temporarily impaired security until recovery.  Estimating future cash flows involves judgment and includes both quantitative and qualitative factors.  Such determinations incorporate various information and assessments regarding the future performance of the underlying collateral.  In addition, projections of expected future cash flows may change based upon new information regarding the performance of the underlying collateral.
	Management has completed a review for other-than-temporarily impaired securities at December 31, 2014, 2013 and 2012 and recorded no OTTI.  As a result of the subjective nature of these estimates, however, provisions may subsequently be determined to be necessary as new facts emerge and a greater understanding of economic trends develops.  Consistent with the Company’s practices, OTTI will be recorded as appropriate and as determined by the Company’s regular monitoring procedures of additional facts.
	Net Unrealized Investment Gains
	Note 3—Investments, Net unrealized Investment Gains (Losses)
	The components of net unrealized investment gains included in accumulated other comprehensive income at December 31 were as follows:
		2014	2013	2012
	Debt securities	$ 340	$ 412	$ 671
	Deferred income taxes	(118)	(143)	(248)
	Net unrealized investment gains	$ 222	$ 269	$ 423
	At December 31, 2014, the Company owned one debt security with a fair value of $7,526 in an unrealized loss position of $4 for less than twelve months.  The Company did not have any gross unrealized losses at December 31, 2013 or 2012.
	Embedded Derivatives
The Company issues single premium deferred annuity contracts that contain embedded derivatives.  Such embedded derivatives are required to be separated from their host contracts and recorded at fair value.  The fair value of the embedded derivatives, which are reported as part of assets on deposit and policyholder account balances in the balance sheets, were an asset of $45,503 and a liability of $45,503, respectively, as of December 31, 2014 and an asset of $8,652 and a liability of $8,652, respectively, as of December 31, 2013.  The increase in fair value related to embedded derivatives from the date of deposit was $9,581 and $592 for the years ended December 31, 2014 and 2013, respectively.  Because the Company has entered into an agreement with CMFG Life to cede 100% of this business, this expense is ceded and does not impact the statement of operations and comprehensive income (loss).
Assets Designated/Securities on Deposit
Note 3—Investments, Assets Designated
Iowa law requires that assets equal to a life insurer’s “legal reserve” must be designated for the Iowa Department of Commerce, Insurance Division.  The legal reserve is equal to the net present value of all outstanding policies and contracts involving life contingencies. At December 31, 2014 and 2013, debt securities, policy loans and cash with a carrying value of $11,512 and $4,846, respectively, were accordingly designated for Iowa.  Other regulatory jurisdictions require cash and securities to be deposited for the benefit of policyholders.  Pursuant to these requirements, securities with a fair value of $1,854 and $1,941 were on deposit with other regulatory jurisdictions as of December 31, 2014 and 2013, respectively.

Fair_Value

Fair Value	12 Months Ended
	Dec. 31, 2014
Notes
Fair Value	Note 4:  Fair Value
	The Company uses fair value measurements to record fair value of certain assets and liabilities and to estimate fair value of financial instruments not recorded at fair value but required to be disclosed at fair value.  Certain financial instruments, such as insurance policy liabilities other than investment-type contracts are excluded from the fair value disclosure requirements.
	Valuation Hierarchy
	Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.
	The fair value hierarchy prioritizes the inputs to valuation techniques used to measure fair value of assets and liabilities into three broad levels.  The Company has categorized its financial instruments, based on the degree of subjectivity inherent in the valuation technique, as follows:
	·         Level 1: Inputs are directly observable and represent quoted prices for identical assets or liabilities in active markets the Company has the ability to access at the measurement date.
	·         Level 2: All significant inputs are observable, either directly or indirectly, other than quoted prices included in Level 1, for the asset or liability.  This includes:  (i) quoted prices for similar instruments in active markets, (ii) quoted prices for identical or similar instruments in markets that are not active, (iii) inputs other than quoted prices that are observable for the instruments and (iv) inputs that are derived principally from or corroborated by observable market data by correlation or other means.
	·         Level 3: One or more significant inputs are unobservable and reflect the Company’s estimates of the assumptions that market participants would use in pricing the asset or liability, including assumptions about risk.
	For purposes of determining the fair value of the Company’s assets and liabilities, observable inputs are those inputs used by market participants in valuing financial instruments, which are developed based on market data obtained from independent sources.  In the absence of sufficient observable inputs, unobservable inputs, reflecting the Company’s estimates of the assumptions market participants would use in valuing financial assets and liabilities, are developed based on the best information available in the circumstances.  The Company uses prices and inputs that are current as of the measurement date.  In some instances, valuation inputs used to measure fair value fall into different levels of the fair value hierarchy.  The category level in the fair value hierarchy is determined based on the lowest level input that is significant to the fair value measurement in its entirety.
	The hierarchy requires the use of market observable information when available for assessing fair value.  The availability of observable inputs varies by investment.  In situations where the fair value is based on inputs that are unobservable in the market or on inputs from inactive markets, the determination of fair value requires more judgment and is subject to the risk of variability.  The degree of judgment exercised by the Company in determining fair value is typically greatest for investments categorized in Level 3. Transfers in and out of level categorizations are reported as having occurred at the end of the quarter in which the transfer occurred.  Therefore, for all transfers into Level 3, all realized gains and losses and all changes in unrealized gains and losses in the fourth quarter are not reflected in the Level 3 rollforward table.
	Valuation Process
	The Company is responsible for the determination of fair value and the supporting assumptions and methodologies.  The Company gains assurance on the overall reasonableness and consistent application of valuation methodologies and inputs and compliance with accounting standards through the execution of various processes and controls designed to provide assurance that the Company’s assets and liabilities are appropriately valued.
	The Company has policies and guidelines that require the establishment of valuation methodologies and consistent application of such methodologies.  These policies and guidelines govern the use of inputs and price source hierarchies and provide controls around the valuation processes.  These controls include appropriate review and analysis of prices against market activity or indicators of reasonableness, approval of price source changes, price overrides, methodology changes and classification of fair value hierarchy levels.  The valuation policies and guidelines are reviewed and updated as appropriate.
	For fair values received from third parties or internally estimated, the Company’s processes are designed to provide assurance that the valuation methodologies and inputs are appropriate and consistently applied, the assumptions are reasonable and consistent with the objective of determining fair value, and the fair values are appropriately recorded.  The Company performs procedures to understand and assess the methodologies, process and controls of valuation service providers.  In addition, the Company may validate the reasonableness of fair values by comparing information obtained from valuation service providers or brokers to other third party valuation sources for selected securities.  When using internal valuation models, these models are developed by the Company’s investment group using established methodologies.  The models including key assumptions are reviewed with various investment sector professionals, accounting, operations, compliance and risk management.  In addition, when fair value determinations are expected to be more variable, the Company validates them through reviews by members of management who have relevant expertise and who are independent of those charged with executing investment transactions.
	Transfers Between Levels
	There were two U.S. government and agency securities totaling $2,556 transferred from Level 1 to Level 2 during the year ended December 31, 2014.  The transfer occurred due to a change in the availability of the observable inputs.  There were no other transfers in 2014.  There were no transfers between levels during the year ended December 31, 2013.
	Fair Value Measurement – Recurring Basis
	The following table summarizes the Company’s assets and liabilities that are measured at fair value on a recurring basis as of December 31, 2014.
	Assets, at Fair Value	Level 1	Level 2	Level 3	Total
	Cash equivalents1	$ 3,681	$ -	$ -	$ 3,681
	Debt securities:
	U.S. government and agencies	-	9,987	-	9,987
	Mortgage-backed securities:
	Residential mortgage-backed	-	3,207	-	3,207
	Total debt securities	-	13,194	-	13,194
	Derivatives embedded in assets on deposit	-	-	45,503	45,503
	Total assets	$ 3,681	$ 13,194	$ 45,503	$ 62,378
	Liabilities, at Fair Value	Level 1	Level 2	Level 3	Total
	Derivatives embedded in annuity contracts	$ -	$ -	$ 45,503	$ 45,503
	Total liabilities	$ -	$ -	$ 45,503	$ 45,503
	1Excludes cash of $1,921 that is not subject to fair value accounting.
	The following table summarizes the Company’s assets that are measured at fair value on a recurring basis as of December 31, 2013.
	Assets, at Fair Value			Level 1	Level 2	Level 3	Total
	Cash equivalents1			$ 10,336	$ -	$ -	$ 10,336
	Debt securities:
	U.S. government and agencies			2,556	-	-	2,556
	Mortgage-backed securities:
	Residential mortgage-backed			-	4,000	-	4,000
	Total debt securities			2,556	4,000	-	6,556
	Derivatives embedded in assets on deposit			-	-	8,652	8,652
	Total assets			$ 12,892	$ 4,000	$ 8,652	$ 25,544
	Liabilities, at Fair Value			Level 1	Level 2	Level 3	Total
	Derivatives embedded in annuity contracts			$ -	$ -	$ 8,652	$ 8,652
	Total liabilities			$ -	$ -	$ 8,652	$ 8,652
	1Excludes cash of $769 that is not subject to fair value accounting.
	The Company had no assets or liabilities that required a fair value adjustment on a non-recurring basis as of December 31, 2014 or 2013.
	Changes in Fair Value Measurement
	The following table sets forth the values of assets and liabilities classified as Level 3 within the fair value hierarchy at December 31, 2014.
					Total Realized/Unrealized
				Balance	Gain (Loss) Included in:			Balance
				January 1,				December 31,
				2014	Purchases	Maturities	Earnings1	2014
	Derivatives embedded in assets on deposit			$ 8,652	$ 27,522	$ (252)	$ 9,581	$ 45,503
	Total assets			$ 8,652	$ 27,522	$ (252)	$ 9,581	$ 45,503
	Derivatives embedded in annuity contracts			$ 8,652	$ 27,522	$ (252)	$ 9,581	$ 45,503
	Total liabilities			$ 8,652	$ 27,522	$ (252)	$ 9,581	$ 45,503
	1 Included in net income is realized gains and losses associated with embedded derivatives.
	The following table sets forth the values of assets and liabilities classified as Level 3 within the fair value hierarchy at December 31, 2013.
		Balance	Total Realized/Unrealized			Balance
		January 1,	Gain (Loss) Included in:			December 31,
		2013	Purchases	Maturities	Earnings1	2013
	Derivatives embedded in assets on deposit	$ -	$ 8,080	$ (20)	$ 592	$ 8,652
	Total assets	$ -	$ 8,080	$ (20)	$ 592	$ 8,652
	Derivatives embedded in annuity contracts	$ -	$ 8,080	$ (20)	$ 592	$ 8,652
Total liabilities	$ -	$ 8,080	$ (20)	$ 592	$ 8,652
1 Included in net income is realized gains and losses associated with embedded derivatives.
Determination of Fair Values
The Company determines the estimated fair value of its investments using primarily the market approach and the income approach.  The use of quoted prices and matrix pricing or similar techniques are examples of market approaches, while the use of discounted cash flow methodologies is an example of the income approach.
A summary of valuation techniques for classes of financial assets and liabilities by fair value hierarchy level are as follows:
Level 1 Measurements
Cash equivalents:  Consists of money market funds; valuation is based on the closing price as of the balance sheet date.
U.S. government and agencies:  Consists of U.S. Treasury securities and debentures (non-mortgage-backed securities/asset-backed securities) issued by agencies of the U.S. government.  Valuation is based on unadjusted quoted prices for identical assets in active markets that the Company can access at the measurement date.
Level 2 Measurements
U.S. government and agencies: Certain U.S. Treasury securities and debentures issued by agencies of the U.S. government are valued based on observable inputs such as the U.S. Treasury yield curve, market indicated spreads and quoted prices for identical assets in markets that are not active and/or similar assets in markets that are active.
Residential mortgage-backed securities:  Valuation is principally based on observable inputs including quoted prices for similar assets in markets that are active and observable market data.
For the majority of assets classified as Level 2 investments, the Company values the assets using third-party pricing sources, which generally rely on quoted prices for similar assets in markets that are active and observable market data.
Level 3 Measurements
Derivatives embedded in assets on deposit and annuity contracts:  The Company offers single premium deferred annuity contracts with certain caps and floors which represent a minimum and maximum amount that could be credited to a contract during that contract year based on the performance of an external index.  These embedded derivatives are measured at fair value separately from the host deposit asset and annuity contract.
In estimating the fair value of the embedded derivative, the Company attributes a present value to the embedded derivative equal to the discounted sum of the excess cash flows of the index related fund value over the minimum fund value.  The current year portion of the embedded derivative is adjusted for known market conditions.  The discount factor at which the embedded derivative is valued contains an adjustment for the Company’s own credit and risk margins for unobservable non-capital market inputs.  The Company’s own credit adjustment is determined taking into account its A.M. Best rating as well as its claims paying ability.
These derivatives may be more costly than expected in volatile or declining equity markets. Changes in market conditions include, but are not limited to, changes in interest rates, equity indices, default rates and market volatility.  Changes in fair value may be impacted by changes in the Company’s own credit standing.  Lastly, changes in actuarial assumptions regarding policyholder behavior (such as full or partial withdrawals varying from expectations) and risk margins related to non-capital market inputs may result in significant fluctuations in the fair value of the derivatives.  See Embedded Derivatives within Note 3, Investments for the impact to net income.
The following table presents information about significant unobservable inputs used in Level 3 embedded derivative assets and liabilities measured at fair value developed by internal models as of December 31, 2014 and 2013:
	Predominant	Significant	Range of Values - Unobservable Input
	Valuation Method	Unobservable Input	2014	2013
Derivatives embedded in single premium deferred annuities and related assets on deposit
Discounted cash flow		Lapse rates	2% to 4% with an	2% to 15% with an
			excess lapse rate at	excess lapse rate at the
			the end of the index	end of the index period
			period of 95%.	period of 58%.
		Company's own	60 - 90 basis points	83 - 133 basis points
		credit and risk margin	added on to	added on to
			discount rate	discount rate
Fair Value Measurements for Financial Instruments Not Reported at Fair Value
Accounting standards require disclosure of fair value information about certain on- and off balance sheet financial instruments which are not recorded at fair value on a recurring basis for which it is practicable to estimate that value.
The following methods and assumptions were used by the Company in estimating the fair value disclosures for significant financial instruments:
Level 1 Measurements
Cash: The carrying amount for this instrument approximates its fair value due to its short term nature and is based on observable inputs.
Level 2 Measurements
Assets on deposit and Investment-type contracts:  Assets on deposit and investment-type contracts include single premium deferred annuity contracts, excluding the related embedded derivative.  In most cases, the fair values are determined by discounting expected liability cash flows and require profit margins using the year-end swap curve plus a spread equivalent to a cost of funds for insurance companies based on observable inputs.
Not Practicable to Estimate Fair Value
Policy loans: The Company believes it is not practicable to determine the fair value of its policy loans since there is no stated maturity and policy loans are often repaid by reductions to policy benefits.
The carrying amounts and estimated fair values of the Company’s financial instruments which are not measured at fair value on a recurring basis at December 31 are as follows:
						2014			2013
						Carrying	Estimated		Carrying	Estimated
						Amount	Fair Value	Level	Amount	Fair Value	Level
Financial instruments
recorded as assets:
Cash						$ 1,921	$ 1,921	1	$ 769	$ 769	1
Policy loans						104	n/a	n/a	110	n/a	n/a
Assets on deposit						304,434	294,710	2	80,661	79,227	2
Financial instruments
recorded as liabilities:
Investment-type contracts						304,434	294,710	2	80,661	79,227	2

Income_Tax

Income Tax	12 Months Ended
	Dec. 31, 2014
Notes
Income Tax	Note 5:  Income Tax
	The Company is included in the consolidated federal income tax return filed by CMHC, the Company’s ultimate parent.  The Company has entered into a tax sharing agreement with CMHC and its subsidiaries.  The agreement provides for the allocation of tax expense based on each subsidiary’s contribution to the consolidated federal income tax liability.  Pursuant to the agreement, subsidiaries that have incurred losses are reimbursed regardless of the utilization of the loss in the current year. Federal income taxes recoverable reported on the balance sheet are due from affiliates.
	Income Tax Expense
	Income tax expense for the years ended December 31 is as follows:
			2014	2013	2012
	Current tax (benefit)		$ (186)	$ (426)	$ (1,822)
	Deferred tax expense		197	675	3,501
	Total income tax expense		$ 11	$ 249	$ 1,679
	Reconciliation to U.S. Tax Rate
	Income tax expense differs from the amount computed by applying the U.S. federal corporate income tax rate of 35% to income before income taxes due to the items listed in the following reconciliation:
			2014		2013		2012
			Amount	Rate	Amount	Rate	Amount	Rate
	Tax expense computed at		$ 60	35.0 %	$ 133	35.0 %	$ 1,761	35.0 %
	federal corporate tax rate
	Income tax expense (benefit)		(41)	(23.9)	116	30.5	(82)	(1.6)
	related to prior years
	Other		(8)	(4.7)	-		-
	Total income tax expense		$ 11	6.4 %	$ 249	65.5 %	$ 1,679	33.4 %
	Deferred Income Taxes
	Deferred income taxes reflect the net tax effect of temporary differences between the carrying amounts of assets and liabilities for financial statement purposes and the amounts for income tax purposes.  Significant components of the Company’s deferred tax assets and liabilities at December 31, 2014 and 2013 are as follows:
					2014	2013
	Deferred tax assets
	Policy liabilities and reserves				$ 81	$ 118
	Investments				276	536
		Accrued expenses			26	-
		Deferred policy acquisition costs			230	157
	Other				3	14
	Gross deferred tax assets				616	825
	Deferred tax liabilities
	Unrealized investment gains				118	143
		Deferred and uncollected premium			58	1
	Other				-	70
	Gross deferred tax liabilities				176	214
	Net deferred tax asset				$ 440	$ 611
	Valuation Allowance
	The Company considered the need for a valuation allowance with respect to its gross deferred tax assets as of December 31, 2014 and 2013, and based on that evaluation, the Company has determined it is more likely than not all deferred tax assets as of December 31, 2014 and 2013 will be realized.  Therefore, a valuation allowance was not established.
	Unrecognized Tax Benefits
	A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:
			2014	2013	2012
	Balance at January 1		$ 7	$ 46	$ 153
	Additions for prior years' tax positions		-	-	4
	Reductions for prior years' tax positions		(6)	(39)	(2)
	Reductions for settlements		-	-	(96)
	Reductions for expiration of statutes		-	-	(13)
	Balance at December 31		$ 1	$ 7	$ 46
	There were no unrecognized tax benefits as of December 31, 2014 and 2013 that, if recognized, would affect the effective tax rate in future periods. Management does not anticipate a material change to the Company’s uncertain tax positions during 2015.
	The Company recognizes interest and penalties accrued related to unrecognized tax benefits in income tax expense in the statements of comprehensive income (loss).  During the years ended December 31, 2013 and 2012, the Company recognized additions (reductions) of $1 and ($54) in interest and penalties, respectively.  The Company did not recognize any additions or (reductions) in interest and penalties for the year ended December 31, 2014.  The Company had accrued $7 and $7 for the payment of interest and penalties at December 31, 2014 and 2013, respectively.
	The Company is included in a consolidated U.S. federal income tax return filed by CMHC.  The Company is also included in income tax returns filed in various states.  For the major jurisdictions where it operates, the Company is generally no longer subject to income tax examinations by tax authorities for years ended before 2008.
	Other Tax Items
	As of December 31, 2014 and 2013, the Company did not have any capital loss, operating loss or credit carryforwards.

Related_Party_Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2014
Notes
Related Party Transactions	Note 6:  Related Party Transactions
	In the normal course of business, there are various transactions between the Company and other related entities.  In certain circumstances, expenses such as those related to sales and marketing, administrative, operations, other support and infrastructure costs are shared between the companies.  Expenses incurred that are specifically identifiable with a particular company are borne by that company; other expenses are allocated among the companies on the basis of time and usage studies.  The Company reimbursed CMFG Life $5,641, $2,492 and $1,044 for these expenses in 2014, 2013 and 2012, respectively; which are included in operating and other expenses.
	The Company hires MEMBERS Capital Advisors, Inc. (“MCA”) for investment advisory services.  MCA, which is 100% owned by CMIC, manages substantially all of the Company’s invested assets in accordance with policies, directives and guidelines established by the Company.  The Company recorded MCA investment management fees totaling $34, $113 and $105 for the years ended December 31, 2014, 2013 and 2012, respectively, which are included as a reduction to net investment income.
	The Company utilizes CUNA Brokerage Services, Inc. (“CBSI”), which is 100% owned by CMIC, to distribute its single premium deferred annuity and recorded a commission expense for this service of $10,853 and $4,256 in 2014 and 2013, respectively, which are included in operating and other expenses. This expense is entirely offset by commission income the Company receives from CMFG Life as part of the 2013 reinsurance agreement.
	Amounts receivable/payable from/to affiliates are shown in the following table:
		2014	2013
	Receivable from:
	CMFG Life	$ 2,765	$ 2,865
	Total	$ 2,765	$ 2,865
	Payable to:
	CUNA Brokerage Services, Inc.	$ 1,290	$ 854
	CMFG Life	-	6
	MEMBERS Capital Advisors, Inc.	2	10
	Total	$ 1,292	$ 870
	Amounts receivable from CMFG Life at December 31, 2014 and 2013 are primarily for purchases of annuities when a CMFG Life policyholder has surrendered their policy for the purchase of a single premium deferred annuity and in 2014 receivables for the cession of death claims related to the Company’s single premium deferred annuity.
	On November 30, 2012, the Company returned capital to CMIC of $18,000, which consisted of $296 in cash and $17,704 in fair value of debt securities, which resulted in a realized gain of $1,414.
	See Note 7 regarding reinsurance and other agreements entered into by the Company and CMFG Life.

Reinsurance

Reinsurance	12 Months Ended
	Dec. 31, 2014
Notes
Reinsurance	Note 7:  Reinsurance
	The Company entered into an agreement with its affiliate, CMFG Life, effective January 1, 2013 to cede 100% of its new business, which includes investment-type contracts for its single premium deferred annuity and are accounted for using the deposit method of accounting.  The Company had $349,937 and $89,313 of assets on deposit for these contracts as of December 31, 2014 and 2013, respectively. The Company had related liabilities of $349,937 and $89,313, respectively which are included in policyholder account balances in the balance sheets.  The Company receives a commission equal to 100% of its actual expenses incurred for this business, which was $14,861 and $6,425 for the year ended December 31, 2014 and 2013, respectively.
	On October 31, 2012, the Company ceded 95% of its insurance policies in force pursuant to a reinsurance agreement with CMFG Life; ongoing renewal premiums and related policy benefits are also ceded to CMFG Life at the same proportion under this contract.  As a result of this agreement, the Company ceded $23,121 of earned premiums, $22,637 of benefits, $3,762 of policyholder account balances and recorded a reinsurance recoverable of $26,399 as of October 31, 2012.  Substantially all the premiums were paid to CMFG Life by transferring net invested assets with a fair value of $26,883, recognizing a gain of $2,848.  The difference between the assets and liabilities transferred to CMFG Life of $484 was recorded as a prepaid reinsurance asset and is being amortized to expense over the estimated fifteen year remaining life of the reinsured policies.  Subsequently, the Company expensed $270 of the prepaid reinsurance asset as it determined that a portion of the cost was unrecoverable.  The Company is also reimbursed for 95% of expenses incurred in the provision of policyholder and benefit payment services, and insurance taxes and charges on a go forward basis under this contract.
	MLIC did not have any other reinsurance agreements at December 31, 2014 or 2013 and the entire reinsurance recoverable balance of $25,199 and $25,525, respectively, was due from CMFG Life.  The recoverable balances are not collateralized and the Company retains the risk of loss in the event CMFG Life is unable to meet its obligations assumed under the reinsurance agreements.  CMFG Life is rated A (excellent) by A.M. Best Company and MLIC believes the risk of non-collection is remote.
	The effects of reinsurance on contract charges, interest credited to policyholder accounts, premiums and on claims, benefits, and losses incurred for the years ended December 31 are as follows:
		2014	2013	2012
	Amount of policies in force	$ 123,223	$ 147,371	$ 163,937
	Premiums:
	Direct - written	$ 2,613	$ 2,811	$ 3,208
	Direct - change in unearned	-	-	-
	Direct - earned	2,613	2,811	3,208
	Ceded to affiliate - written	(2,482)	(2,671)	(23,714)
	Ceded to affiliate - change in unearned	(4)	(1)	47
	Ceded to affiliate - earned	(2,486)	(2,672)	(23,667)
	Premiums - written, net	131	140	(20,506)
	Premiums - change in unearned, net	(4)	(1)	47
	Premiums, net	$ 127	$ 139	$ (20,459)
	Contract charges:
	Direct	$ 472	$ 461	$ 460
	Ceded to affiliate	(448)	(415)	-
	Contract charges, net	$ 24	$ 46	$ 460
	Claims, benefits and losses incurred:
	Direct	$ 1,883	$ 2,953	$ 3,086
	Ceded to affiliate	(1,771)	(2,774)	(23,114)
	Claims, benefits and losses, net	$ 112	$ 179	$ (20,028)
	Interest credited to policyholder account balances:
	Direct	$ 2,457	$ 320	$ 158
	Ceded to affiliate	(2,449)	(311)	-
	Interest credited to policyholder account balances, net	$ 8	$ 9	$ 158

Statutory_Financial_Data_and_D

Statutory Financial Data and Dividend Restrictions	12 Months Ended
	Dec. 31, 2014
Notes
Statutory Financial Data and Dividend Restrictions	Note 8:  Statutory Financial Data and Dividend Restrictions
	The Company is a life and health insurer and is domiciled in Iowa.  The Company files statutory-basis financial statements with insurance regulatory authorities.  The Company did not use any permitted practices in 2014, 2013 or 2012.  Certain statutory basis financial information for MLIC is presented in the table below as of and for the years ended December 31.
		Statutory Basis		Statutory Basis
		Capital and Surplus		Net Income (Loss)
		2014	2013	2014	2013	2012
	MLIC	$ 18,366	$ 17,829	$ (1,792)	$ (1,562)	$ 3,259
	The Company is subject to statutory regulations as to maintenance of equity and the payment of dividends.  Generally, ordinary dividends from an insurance subsidiary to its parent company must meet notice requirements promulgated by the regulator of the subsidiary’s state of domicile (“Insurance Department”).  Extraordinary dividends, as defined by state statutes, must be approved by the Insurance Department.  Based on Iowa statutory regulations, the Company could pay dividends up to $1,836 during 2015, without prior approval of the Insurance Department.
	Risk-based capital (“RBC”) requirements promulgated by the National Association of Insurance Commissioners require U.S. insurers to maintain minimum capitalization levels that are determined based on formulas incorporating credit risk, insurance risk, interest rate risk, and general business risk.  The adequacy of the Company’s actual capital is evaluated by a comparison to the RBC results, as determined by the formula.  At December 31, 2014 and 2013, the Company’s adjusted capital exceeded the minimum requirements.

Accumulated_Other_Comprehensiv

Accumulated Other Comprehensive Income	12 Months Ended
	Dec. 31, 2014
Notes
Accumulated Other Comprehensive Income	Note 9:  Accumulated Other Comprehensive Income
	The components of accumulated comprehensive income, net of tax, are as follows:
		Unrealized	Accumulated
		Investment	Other
		Gains	Comprehensive
			Income
	Balance, January 1, 2012	$ 2,687	$ 2,687
	Change in unrealized holding gains,	(2,264)	(2,264)
	net of tax - ($1,219)
	Balance, December 31, 2012	423	423
	Change in unrealized holding gains,	(154)	(154)
	net of tax - ($105)
	Balance, December 31, 2013	269	269
	Change in unrealized holding gains,	(47)	(47)
	net of tax - ($25)
	Balance, December 31, 2014	$ 222	$ 222
	Reclassification Adjustments
	Accumulated other comprehensive income includes amounts related to unrealized investment gains (losses) which were reclassified to net income.  Reclassifications from Accumulated other comprehensive income for the years ended December 31 are included in the following table:
				2014	2013	2012
	Reclassifications from accumulated other comprehensive income
	Unrealized gains (losses) on available-for-sale			$ -	$ -	$ (4,083)
	securities included in net realized investment losses
	Total reclassifications from accumulated
	other comprehensive income			-	-	(4,083)
	Tax expense (benefit)			-	-	(1,429)
	Net reclassification from accumulated			$ -	$ -	$ (2,654)
	other comprehensive income

Business_Segment_Information

Business Segment Information	12 Months Ended
	Dec. 31, 2014
Notes
Business Segment Information	Note 10:  Business Segment Information
	The following table sets forth financial information regarding the Company’s two reportable business segments for the year ended December 31, 2014.
		Life and
	Year ended or as of December 31, 2014	Health	Annuities	Total
	Revenues
	Life and health premiums, net	$ 127	$ -	$ 127
	Contract charges	24	-	24
	Net investment income	278	-	278
	Net realized investment gains	-	-	-
	Other income	-	-	-
	Total revenues	429	-	429
	Benefits and expenses
	Life and health insurance claims and benefits, net	112	-	112
	Interest credited to policyholder account balances	8	-	8
	Operating and other expenses	137	-	137
	Total benefits and expenses	257	-	257
	Income before income taxes	172	-	172
	Income tax expense	11	-	11
	Net income	161	-	161
	Change in unrealized (losses), net of tax (benefit)	(47)	-	(47)
	Other comprehensive (loss)	(47)	-	(47)
	Total comprehensive income	$ 114	$ -	$ 114
	Reinsurance recoverable from affiliate	$ 25,199	$ -	$ 25,199
	Assets on deposit	-	349,937	349,937
	Claim and policy benefit reserves - life and health	22,035	333	22,368
	Policyholder account balances	3,612	349,937	353,549
	The following table sets forth financial information regarding the Company’s two reportable business segments for the year ended December 31, 2013.
		Life and
	Year ended or as of December 31, 2013	Health	Annuities	Total
	Revenues
	Life and health premiums, net	$ 139	$ -	$ 139
	Contract charges	46	-	46
	Net investment income	176	-	176
	Net realized investment gains	-	-	-
	Other income	293	-	293
	Total revenues	654	-	654
	Benefits and expenses
	Life and health insurance claims and benefits, net	179	-	179
	Interest credited to policyholder account balances	9	-	9
	Operating and other expenses	86	-	86
	Total benefits and expenses	274	-	274
	Income before income taxes	380	-	380
	Income tax expense	249	-	249
	Net income	131	-	131
	Change in unrealized (losses), net of tax (benefit)	(154)	-	(154)
	Other comprehensive (loss)	(154)	-	(154)
	Total comprehensive (loss)	$ (23)	$ -	$ (23)
	Reinsurance recoverable from affiliate	$ 25,525	$ -	$ 25,525
	Assets on deposit	-	89,313	89,313
	Claim and policy benefit reserves - life and health	23,196	-	23,196
	Policyholder account balances	3,734	89,313	93,047
	The Company had one reportable business segment, life and health, for the year ended December 31, 2012.

Commitments_and_Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2014
Notes
Commitments and Contingencies	Note 11:  Commitments and Contingencies
	Legal Matters
	Like other members of the insurance industry, the Company is occasionally a party to a number of lawsuits and other types of proceedings, some of which may involve claims for substantial or indeterminate amounts. These actions are based on a variety of issues and involve a range of the Company's practices.  The Company has established procedures and policies to facilitate compliance with laws and regulations and to support financial reporting.
	In connection with regulatory examinations and proceedings, government authorities may seek various forms of relief, including penalties, restitution and changes in business practices. The Company may not be advised of the nature and extent of relief sought until the final stages of the examination or proceeding.  In the opinion of management, the ultimate liability, if any, resulting from all such pending actions will not materially affect the financial statements of the Company.

Subsequent_Events

Subsequent Events	12 Months Ended
	Dec. 31, 2014
Notes
Subsequent Events	Note 12:  Subsequent Events
	The Company evaluated subsequent events through the date the financial statements were issued.  During this period, there were no significant subsequent events that required adjustment to or disclosure in the accompanying financial statements.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies: Basis of Presentation (Policies)	12 Months Ended
	Dec. 31, 2014
Policies
Basis of Presentation	Basis of Presentation
	The financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”).

Summary_of_Significant_Account2

Summary of Significant Accounting Policies: Use of Estimates (Policies)	12 Months Ended
	Dec. 31, 2014
Policies
Use of Estimates	Use of Estimates
	The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period.  Actual results could differ from those estimates and in some cases the difference could be material.  Investment valuations, embedded derivatives, deferred tax asset valuation reserves, and claim and policyholder benefit reserves are most affected by the use of estimates and assumptions.

Summary_of_Significant_Account3

Summary of Significant Accounting Policies: Segment Reporting (Policies)	12 Months Ended
	Dec. 31, 2014
Policies
Segment Reporting	Segment Reporting
	The Company is currently managed as two reportable business segments, (1) life and health and (2) annuities. Prior to 2013 when the Company began selling single premium deferred annuity contracts, the Company was managed as one reportable business segment, life and health.

Summary_of_Significant_Account4

Summary of Significant Accounting Policies: Investments (Policies)	12 Months Ended
	Dec. 31, 2014
Policies
Investments	Investments
	Debt securities: Investments in debt securities are classified as available for sale and are carried at fair value.  A debt security is considered other-than-temporarily impaired when the fair value is less than the amortized cost basis and its value is not expected to recover through the Company's anticipated holding period of the security.  If a credit loss exists, but the Company does not intend to sell the impaired debt security and is not more likely than not to be required to sell before recovery, it is required to bifurcate the impairment into the loss that is attributable to credit and non-credit related components.  The credit portion of the other-than-temporary impairment (“OTTI”) is the difference between the present value of the expected future cash flows and amortized cost.  Only the estimated credit loss amount is recognized in net realized investment gains, with the remainder of the loss amount recognized in other comprehensive loss.  If the Company intends to sell or it is more likely than not that the Company will be required to sell before anticipated recovery in value, the Company records a realized loss equal to the difference between the amortized cost and fair value. The fair value of the other-than-temporarily impaired security becomes its new cost basis.  In determining whether an unrealized loss is expected to be other than temporary, the Company considers, among other factors, any plans to sell the security, the severity of impairment, financial position of the issuer, recent events affecting the issuer’s business and industry sector, credit ratings, and the intent and ability of the Company to hold the investment until the fair value has recovered at least its cost basis.
	Unrealized gains and losses on investments in debt securities, net of deferred federal income taxes, are included in accumulated other comprehensive income as a separate component of stockholder’s equity.
	Policy loans:  Policy loans are reported at their unpaid principal balance.  Valuation allowances are not established for policy loans, as they are fully collateralized by the cash surrender value of the underlying insurance policies.  Any unpaid principal or interest on the loan is deducted from the cash surrender value or the death benefit prior to settlement of the insurance policy.  Policy loans that were allocated to CMFG Life as payment for the 2012 reinsurance agreement are $1,975 and $2,091 at December 31, 2014 and 2013, respectively.
	Net investment income:  Interest income related to mortgage-backed and other structured securities is recognized on an accrual basis using a constant effective yield method, based on anticipated prepayments and the estimated economic life of the securities.  When estimates of prepayments change, the effective yield is recalculated to reflect actual payments to date and anticipated future payments and such adjustments are reflected in net investment income.  Prepayment assumptions for loan backed bonds and structured securities are based on industry averages or internal estimates.  Interest income related to non-structured securities is recognized on an accrual basis using a constant effective yield method.  Discounts and premiums on debt securities are amortized over the estimated lives of the respective securities on an effective yield basis.
	Net realized gains and losses:  Realized gains and losses on the sale of investments are determined on a specific identification basis and are recorded on the trade date.

Summary_of_Significant_Account5

Summary of Significant Accounting Policies: Derivative Financial Instruments (Policies)	12 Months Ended
	Dec. 31, 2014
Policies
Derivative Financial Instruments	Derivative Financial Instruments
	The Company issues single premium deferred annuity contracts that contain embedded derivatives.  Derivatives embedded within non-derivative host contracts are separated from the host instrument when the embedded derivative is not clearly and closely related to the host instrument.  Such embedded derivatives are recorded at fair value, and they are reported as part of assets on deposit and policyholder account balances in the balance sheets, with the change in the value being recorded in net realized investment gains.  See Note 3, Investments-Embedded Derivatives for additional information.
	Changes in the fair value of the embedded derivative in assets on deposit offset changes in the fair value of the embedded derivative in policyholder account balances; both of these changes are included in net realized investment gains. Accretion of the interest on assets on deposit offsets accretion of the interest on the host contract; both of these amounts are included in interest credited on policyholder account balances.

Summary_of_Significant_Account6

Summary of Significant Accounting Policies: Cash and Cash Equivalents (Policies)	12 Months Ended
	Dec. 31, 2014
Policies
Cash and Cash Equivalents	Cash and Cash Equivalents
	Cash and cash equivalents include unrestricted deposits in financial institutions with maturities of 90 days or less.  The Company recognizes a liability in accounts payable and other liabilities for the amount of checks issued in excess of its current cash balance. The change in this overdraft amount is recognized as a financing activity in the Company’s statement of cash flows.

Summary_of_Significant_Account7

Summary of Significant Accounting Policies: Recognition of Insurance Revenue and Related Benefits (Policies)	12 Months Ended
	Dec. 31, 2014
Policies
Recognition of Insurance Revenue and Related Benefits	Recognition of Insurance Revenue and Related Benefits
	Term-life and whole-life insurance premiums are recognized as premium income when due. Policy benefits for these products are recognized in relation to the premiums so as to result in the recognition of profits over the expected lives of the policies and contracts.
	Amounts collected on policies not subject to significant mortality or longevity risk, such as the Company’s single premium deferred annuity contracts, are considered investment contracts and are recorded as increases in policyholder account balances.  Revenues from investment contracts principally consist of net investment income and contract charges such as expense and surrender charges.  Expenses for investment contracts consist of interest credited to contracts, benefits incurred in excess of related policyholder account balances and policy maintenance costs.  Because the Company has entered into an agreement with CMFG Life to cede 100% of this business, these revenues and expenses are ceded and do not impact the statement of operations and comprehensive income (loss). See Note 7, Reinsurance for additional information on this agreement.

Summary_of_Significant_Account8

Summary of Significant Accounting Policies: Other Income (Policies)	12 Months Ended
	Dec. 31, 2014
Policies
Other Income	Other Income
	Other income in 2013 is a settlement received on investments that had previously been sold.

Summary_of_Significant_Account9

Summary of Significant Accounting Policies: Deferred Policy Acquisition Costs (Policies)	12 Months Ended
	Dec. 31, 2014
Policies
Deferred Policy Acquisition Costs	Deferred Policy Acquisition Costs
	The costs of acquiring insurance business that are directly related to the successful acquisition of new and renewal business are deferred to the extent that such costs are expected to be recoverable from future profits.  Such costs principally include commissions and sales costs, direct response advertising costs, premium taxes, and certain policy issuance and underwriting costs. Costs deferred on term-life and whole-life insurance products, deferred policy acquisition costs (“DAC”), are amortized in proportion to the ratio of the annual premium to the total anticipated premiums generated.  Due to the age of the existing block of policies all DAC has been fully amortized as of December 31, 2014 and 2013 and there was no amortization expense in 2014, 2013 or 2012.  Acquisition costs on the Company’s single premium deferred annuity contracts are reimbursed through a ceding commission by CMFG Life, which assumes all deferrable costs as part of its agreement to assume 100% of this business from the Company. See Note 7, Reinsurance for additional information on this agreement.

Recovered_Sheet1

Summary of Significant Accounting Policies: Insurance Reserves (Policies)	12 Months Ended
	Dec. 31, 2014
Policies
Insurance Reserves	Insurance Reserves
	Life and health claim and policy benefit reserves consist principally of future policy benefit reserves and reserves for estimates of future payments on incurred claims reported but not yet paid and unreported incurred claims.  Such estimates are developed using actuarial principles and assumptions based on past experience adjusted for current trends.  Any change in the probable ultimate liabilities is reflected in net income in the period in which the change is determined.
	When actual experience indicates that existing contract liabilities, together with the present value of future gross premiums will not be sufficient to recover the present value of future benefits or recover unamortized deferred acquisition costs, a premium deficiency will be recognized by either a reduction in unamortized acquisition costs or an increase in the liability for future benefits.  The Company recognized $742 of additional reserves due to a loss recognition event in 2012.  There was no premium deficiency in 2014 or 2013.

Recovered_Sheet2

Summary of Significant Accounting Policies: Policyholder Account Balances (Policies)	12 Months Ended
	Dec. 31, 2014
Policies
Policyholder Account Balances	Policyholder Account Balances
	The Company recognizes a liability at the stated account value for policyholder deposits that are not subject to significant policyholder mortality or longevity risk and for universal life-type policies.  The account value equals the sum of the original deposit and accumulated interest, less any withdrawals and expense charges.  The average credited rate was 4.5% in 2014, 2013 and 2012.  The future minimum guaranteed interest rate during the life of the contracts is 4.5%.
	The single premium deferred annuities, which are included in policyholder account balances, have two risk control accounts, referred to as the Secure and Growth Accounts; the Secure Account has a yearly credited interest rate floor of 0%, and the yearly Growth Account floor is -10%.  The Secure and Growth Accounts both have credited interest rate caps that vary with issuance. Interest is credited at the end of each contract year during the selected index term based on the allocation between risk control accounts and the performance of an external index during that contract year. The growth account is based on the S&P 500 Index.  At the end of the initial index term only the Secure Account will be available as an option to the policyholder.  The average annualized credited rate was 1.10% and .72% in 2014 and 2013, respectively.

Recovered_Sheet3

Summary of Significant Accounting Policies: Accounts Payable and Other Liabilities (Policies)	12 Months Ended
	Dec. 31, 2014
Policies
Accounts Payable and Other Liabilities	Accounts Payable and Other Liabilities
	The Company issues annuity contracts on the 10th and 25th of each month.   The Company recognizes a liability on contracts for which it has received cash, but has not issued a policy.

Recovered_Sheet4

Summary of Significant Accounting Policies: Reinsurance (Policies)	12 Months Ended
	Dec. 31, 2014
Policies
Reinsurance	Reinsurance
	Reinsurance premiums, claims and benefits, commission expense reimbursements, and reserves related to reinsured business ceded are accounted for on a basis consistent with the accounting for the underlying direct policies that have been ceded and the terms of the reinsurance contracts.  Premiums and insurance claims and benefits in the statements of operations and comprehensive income (loss) are reported net of the amounts ceded to other companies under such reinsurance contracts.  Ceded insurance reserves and ceded benefits paid are included in reinsurance recoverables along with certain ceded policyholder account balances, which include mortality risk.  A prepaid reinsurance asset is also recorded for the portion of unearned premiums related to ceded policies.

Recovered_Sheet5

Summary of Significant Accounting Policies: Assets On Deposit (Policies)	12 Months Ended
	Dec. 31, 2014
Policies
Assets On Deposit	Assets on Deposit
	Assets on deposit represent the amount of policyholder account balances related to the single premium deferred annuity contracts (investment-type contracts) that are ceded to CMFG Life.  These investment-type contracts are accounted for on a basis consistent with the accounting for the underlying contracts.  Since the related product is an investment-type contract, the Company accounts for the reinsurance of these contracts using the deposit method of accounting consistent with the terms of the ceding agreement.  The related contract charges and interest credited to policyholder account balances in the statements of operations and comprehensive income (loss) are reported net of the amounts ceded under the agreement. See Note 7 for a further discussion of the ceding agreement.

Recovered_Sheet6

Summary of Significant Accounting Policies: Income Taxes (Policies)	12 Months Ended
	Dec. 31, 2014
Policies
Income Taxes	Income Taxes
	The Company recognizes taxes payable or refundable and deferred taxes for the tax consequences of differences between the financial reporting and tax basis of assets and liabilities.  Deferred tax assets and liabilities are measured by applying the enacted tax rates to the difference between the financial statement and tax basis of assets and liabilities.  The Company records current tax benefits and deferred tax assets utilizing a benefits-for-loss approach.  Under this approach, current benefits are realized and deferred tax assets are considered realizable by the Company when realized or realizable by the consolidated group of which the Company is a member even if the benefits would not be realized on a stand-alone basis.  The Company records a valuation allowance for deferred tax assets if it determines it is more likely than not that the asset will not be realized by the consolidated group.  Deferred income tax assets can be realized through future earnings, including, but not limited to, the generation of future income, reversal of existing temporary differences and available tax planning strategies.
	The Company is subject to tax-related audits.  These audits may result in additional tax assets or liabilities.  In establishing tax liabilities, the Company determines whether a tax position is more likely than not to be sustained under examination by the appropriate taxing authority. Tax positions that do not meet the more likely than not standard are not recognized. Tax positions that meet this standard are recognized in the financial statements within net deferred tax assets or liabilities or federal income taxes recoverable or payable.

Recovered_Sheet7

Summary of Significant Accounting Policies: Accounting Standards Updates Pending Adoption (Policies)	12 Months Ended
	Dec. 31, 2014
Policies
Accounting Standards Updates Pending Adoption	Accounting Standards Updates Pending Adoption
	In May 2014, the Financial Accounting Standards Board (“FASB”) issued a comprehensive new revenue recognition standard, Accounting Standards Update (“ASU”) No. 2014-09, Revenue from Contracts with Customers (“ASU 2014-09”).  This ASU must be applied retrospectively beginning in 2017 and early adoption is not permitted.  The new guidance will supersede nearly all existing revenue recognition guidance by establishing a five step, principles-based process; however, it will not impact the accounting for insurance contracts, leases, financial instruments, and guarantees.  For those contracts that are impacted by the new guidance, ASU 2014-09 will require an entity to recognize revenue upon the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods and services.  The Company is currently evaluating the impact of ASU 2014-09 on its financial statements.
	In November 2014, the FASB issued ASU No. 2014-16, Determining Whether the Host Contract in a Hybrid Financial Instrument Issued in the Form of a Share Is More Akin to Debt or to Equity (“ASU 2014-16”), effective in 2016.  This ASU does not change the current criteria in GAAP for determining when separation of certain embedded derivative features in a hybrid financial instrument is required.  Entities will continue to evaluate whether the economic characteristics and risks of the embedded derivative feature are clearly and closely related to those of the host contract, among other relevant criteria.  The amendments clarify how current GAAP should be interpreted in evaluating the economic characteristics and risks of a host contract in a hybrid financial instrument that is issued in the form of a share.  Specifically, the amendments clarify that an entity should consider all relevant terms and features—including the embedded derivative feature being evaluated for bifurcation—in evaluating the nature of the host contract.  Furthermore, the amendments clarify that no single term or feature would necessarily determine the economic characteristics and risks of the host contract.  Rather, the nature of the host contract depends upon the economic characteristics and risks of the entire hybrid financial instrument.  The Company is currently evaluating the impact of ASU 2014-16 but does not expect it to have a material impact on its financial statements.  ASU 2014-16 must be applied to existing hybrid financial instruments as of the beginning of a reporting period on a modified retrospective basis; full retrospective application is permitted.

Investments_Investments_in_Deb

Investments: Investments in Debt Securities (Tables)	12 Months Ended
	Dec. 31, 2014
Tables/Schedules
Investments in Debt Securities
		Amortized	Gross Unrealized		Estimated
		Cost	Gains	Losses	Fair Value
	U.S. government and agencies	$ 9,888	$ 103	$ (4)	$ 9,987
	Mortgage-backed securities:
	Residential mortgage-backed	2,966	241	-	3,207
	Total debt securities	$ 12,854	$ 344	$ (4)	$ 13,194
	The amortized cost, gross unrealized gains and losses, and estimated fair values, as reported on the balance sheet, of debt securities at December 31, 2013 are as follows:
		Amortized	Gross Unrealized		Estimated
		Cost	Gains	Losses	Fair Value
	U.S. government and agencies	$ 2,403	$ 153	$ -	$ 2,556
	Mortgage-backed securities:
	Residential mortgage-backed	3,741	259	-	4,000
	Total debt securities	$ 6,144	$ 412	$ -	$ 6,556

Investments_Investments_Classi

Investments: Investments Classified by Contractual Maturity Date (Tables)	12 Months Ended
	Dec. 31, 2014
Tables/Schedules
Investments Classified by Contractual Maturity Date
		Amortized	Estimated
		Cost	Fair Value
	Due after one year through five years	$ 9,888	$ 9,987
	Mortgage-backed securities:
	Residential mortgage-backed	2,966	3,207
	Total debt securities	$ 12,854	$ 13,194

Investments_Investment_Income_

Investments: Investment Income (Tables)	12 Months Ended
	Dec. 31, 2014
Tables/Schedules
Investment Income
		2014	2013	2012
	Gross investment income:
	Debt securities	$ 304	$ 275	$ 1,829
	Policy loans	8	8	165
	Other investments	-	6	39
	Total gross investment income	312	289	2,033
	Investment expenses	(34)	(113)	(105)
	Net investment income	$ 278	$ 176	$ 1,928

Investments_Realized_Gain_Loss

Investments: Realized Gain (Loss) on Investments (Tables)	12 Months Ended
	Dec. 31, 2014
Tables/Schedules
Realized Gain (Loss) on Investments
		2014	2013	2012
	Debt securities
	Gross gains on sales	$ -	$ -	$ 4,319
	Net realized investment gains	$ -	$ -	$ 4,319

Investments_Unrealized_Gain_Lo

Investments: Unrealized Gain (Loss) on Investments (Tables)	12 Months Ended
	Dec. 31, 2014
Tables/Schedules
Unrealized Gain (Loss) on Investments
		2014	2013	2012
	Debt securities	$ 340	$ 412	$ 671
	Deferred income taxes	(118)	(143)	(248)
	Net unrealized investment gains	$ 222	$ 269	$ 423

Fair_Value_Fair_Value_Assets_m

Fair Value: Fair Value Assets measured on a Recurring Basis (Tables)	12 Months Ended
	Dec. 31, 2014
Tables/Schedules
Fair Value Assets measured on a Recurring Basis
	Assets, at Fair Value	Level 1	Level 2	Level 3	Total
	Cash equivalents1	$ 3,681	$ -	$ -	$ 3,681
	Debt securities:
	U.S. government and agencies	-	9,987	-	9,987
	Mortgage-backed securities:
	Residential mortgage-backed	-	3,207	-	3,207
	Total debt securities	-	13,194	-	13,194
	Derivatives embedded in assets on deposit	-	-	45,503	45,503
	Total assets	$ 3,681	$ 13,194	$ 45,503	$ 62,378
	Liabilities, at Fair Value	Level 1	Level 2	Level 3	Total
	Derivatives embedded in annuity contracts	$ -	$ -	$ 45,503	$ 45,503
	Total liabilities	$ -	$ -	$ 45,503	$ 45,503
	1Excludes cash of $1,921 that is not subject to fair value accounting.
	The following table summarizes the Company’s assets that are measured at fair value on a recurring basis as of December 31, 2013.
	Assets, at Fair Value			Level 1	Level 2	Level 3	Total
	Cash equivalents1			$ 10,336	$ -	$ -	$ 10,336
	Debt securities:
	U.S. government and agencies			2,556	-	-	2,556
	Mortgage-backed securities:
	Residential mortgage-backed			-	4,000	-	4,000
	Total debt securities			2,556	4,000	-	6,556
	Derivatives embedded in assets on deposit			-	-	8,652	8,652
	Total assets			$ 12,892	$ 4,000	$ 8,652	$ 25,544
	Liabilities, at Fair Value			Level 1	Level 2	Level 3	Total
	Derivatives embedded in annuity contracts			$ -	$ -	$ 8,652	$ 8,652
	Total liabilities			$ -	$ -	$ 8,652	$ 8,652

Fair_Value_Schedule_of_changes

Fair Value: Schedule of changes in assets and liabilities classified as Level 3 (Tables)	12 Months Ended
	Dec. 31, 2014
Tables/Schedules
Schedule of changes in assets and liabilities classified as Level 3
			Total Realized/Unrealized
		Balance	Gain (Loss) Included in:			Balance
		January 1,				December 31,
		2014	Purchases	Maturities	Earnings1	2014
	Derivatives embedded in assets on deposit	$ 8,652	$ 27,522	$ (252)	$ 9,581	$ 45,503
	Total assets	$ 8,652	$ 27,522	$ (252)	$ 9,581	$ 45,503
	Derivatives embedded in annuity contracts	$ 8,652	$ 27,522	$ (252)	$ 9,581	$ 45,503
	Total liabilities	$ 8,652	$ 27,522	$ (252)	$ 9,581	$ 45,503

Fair_Value_Schedule_of_Signifi

Fair Value: Schedule of Significant unobservable inputs used in Level 3 embedded derivative assets and liabilities measured at fair value (Tables)	12 Months Ended
	Dec. 31, 2014
Tables/Schedules
Schedule of Significant unobservable inputs used in Level 3 embedded derivative assets and liabilities measured at fair value
		Predominant	Significant	Range of Values - Unobservable Input
		Valuation Method	Unobservable Input	2014	2013
	Derivatives embedded in single premium deferred annuities and related assets on deposit
	Discounted cash flow		Lapse rates	2% to 4% with an	2% to 15% with an
				excess lapse rate at	excess lapse rate at the
				the end of the index	end of the index period
				period of 95%.	period of 58%.
			Company's own	60 - 90 basis points	83 - 133 basis points
			credit and risk margin	added on to	added on to
				discount rate	discount rate

Fair_Value_Carrying_amounts_an

Fair Value: Carrying amounts and estimated fair values of the Company's financial instruments which are not measured at fair value on a recurring basis (Tables)	12 Months Ended
	Dec. 31, 2014
Tables/Schedules
Carrying amounts and estimated fair values of the Company's financial instruments which are not measured at fair value on a recurring basis
		2014			2013
		Carrying	Estimated		Carrying	Estimated
		Amount	Fair Value	Level	Amount	Fair Value	Level
	Financial instruments
	recorded as assets:
	Cash	$ 1,921	$ 1,921	1	$ 769	$ 769	1
	Policy loans	104	n/a	n/a	110	n/a	n/a
	Assets on deposit	304,434	294,710	2	80,661	79,227	2
	Financial instruments
	recorded as liabilities:
	Investment-type contracts	304,434	294,710	2	80,661	79,227	2

Income_Tax_Schedule_of_Compone

Income Tax: Schedule of Components of Income Tax Expense (Benefit) (Tables)	12 Months Ended
	Dec. 31, 2014
Tables/Schedules
Schedule of Components of Income Tax Expense (Benefit)
		2014	2013	2012
	Current tax (benefit)	$ (186)	$ (426)	$ (1,822)
	Deferred tax expense	197	675	3,501
	Total income tax expense	$ 11	$ 249	$ 1,679

Income_Tax_Schedule_of_Effecti

Income Tax: Schedule of Effective Income Tax Rate Reconciliation (Tables)	12 Months Ended
	Dec. 31, 2014
Tables/Schedules
Schedule of Effective Income Tax Rate Reconciliation
		2014		2013		2012
		Amount	Rate	Amount	Rate	Amount	Rate
	Tax expense computed at	$ 60	35.0 %	$ 133	35.0 %	$ 1,761	35.0 %
	federal corporate tax rate
	Income tax expense (benefit)	(41)	(23.9)	116	30.5	(82)	(1.6)
	related to prior years
	Other	(8)	(4.7)	-		-
	Total income tax expense	$ 11	6.4 %	$ 249	65.5 %	$ 1,679	33.4 %

Income_Tax_Schedule_of_Deferre

Income Tax: Schedule of Deferred Tax Assets and Liabilities (Tables)	12 Months Ended
	Dec. 31, 2014
Tables/Schedules
Schedule of Deferred Tax Assets and Liabilities
			2014	2013
	Deferred tax assets
	Policy liabilities and reserves		$ 81	$ 118
	Investments		276	536
		Accrued expenses	26	-
		Deferred policy acquisition costs	230	157
	Other		3	14
	Gross deferred tax assets		616	825
	Deferred tax liabilities
	Unrealized investment gains		118	143
		Deferred and uncollected premium	58	1
	Other		-	70
	Gross deferred tax liabilities		176	214
	Net deferred tax asset		$ 440	$ 611

Income_Tax_Schedule_of_Unrecog

Income Tax: Schedule of Unrecognized Tax Benefits Roll Forward (Tables)	12 Months Ended
	Dec. 31, 2014
Tables/Schedules
Schedule of Unrecognized Tax Benefits Roll Forward
		2014	2013	2012
	Balance at January 1	$ 7	$ 46	$ 153
	Additions for prior years' tax positions	-	-	4
	Reductions for prior years' tax positions	(6)	(39)	(2)
	Reductions for settlements	-	-	(96)
	Reductions for expiration of statutes	-	-	(13)
	Balance at December 31	$ 1	$ 7	$ 46

Related_Party_Transactions_Sch

Related Party Transactions: Schedule of Related Party Transactions (Tables)	12 Months Ended
	Dec. 31, 2014
Tables/Schedules
Schedule of Related Party Transactions
		2014	2013
	Receivable from:
	CMFG Life	$ 2,765	$ 2,865
	Total	$ 2,765	$ 2,865
	Payable to:
	CUNA Brokerage Services, Inc.	$ 1,290	$ 854
	CMFG Life	-	6
	MEMBERS Capital Advisors, Inc.	2	10
	Total	$ 1,292	$ 870

Reinsurance_Effects_of_Reinsur

Reinsurance: Effects of Reinsurance (Tables)	12 Months Ended
	Dec. 31, 2014
Tables/Schedules
Effects of Reinsurance
		2014	2013	2012
	Amount of policies in force	$ 123,223	$ 147,371	$ 163,937
	Premiums:
	Direct - written	$ 2,613	$ 2,811	$ 3,208
	Direct - change in unearned	-	-	-
	Direct - earned	2,613	2,811	3,208
	Ceded to affiliate - written	(2,482)	(2,671)	(23,714)
	Ceded to affiliate - change in unearned	(4)	(1)	47
	Ceded to affiliate - earned	(2,486)	(2,672)	(23,667)
	Premiums - written, net	131	140	(20,506)
	Premiums - change in unearned, net	(4)	(1)	47
	Premiums, net	$ 127	$ 139	$ (20,459)
	Contract charges:
	Direct	$ 472	$ 461	$ 460
	Ceded to affiliate	(448)	(415)	-
	Contract charges, net	$ 24	$ 46	$ 460
	Claims, benefits and losses incurred:
	Direct	$ 1,883	$ 2,953	$ 3,086
	Ceded to affiliate	(1,771)	(2,774)	(23,114)
	Claims, benefits and losses, net	$ 112	$ 179	$ (20,028)
	Interest credited to policyholder account balances:
	Direct	$ 2,457	$ 320	$ 158
	Ceded to affiliate	(2,449)	(311)	-
	Interest credited to policyholder account balances, net	$ 8	$ 9	$ 158

Statutory_Financial_Data_and_D1

Statutory Financial Data and Dividend Restrictions: Schedule of certain statutory basis financial information (Tables)	12 Months Ended
	Dec. 31, 2014
Tables/Schedules
Schedule of certain statutory basis financial information
		Statutory Basis		Statutory Basis
		Capital and Surplus		Net Income (Loss)
		2014	2013	2014	2013	2012
	MLIC	$ 18,366	$ 17,829	$ (1,792)	$ (1,562)	$ 3,259

Accumulated_Other_Comprehensiv1

Accumulated Other Comprehensive Income: Schedule of Accumulated Other Comprehensive Income (Loss) (Tables)	12 Months Ended
	Dec. 31, 2014
Tables/Schedules
Schedule of Accumulated Other Comprehensive Income (Loss)
		Unrealized	Accumulated
		Investment	Other
		Gains	Comprehensive
			Income
	Balance, January 1, 2012	$ 2,687	$ 2,687
	Change in unrealized holding gains,	(2,264)	(2,264)
	net of tax - ($1,219)
	Balance, December 31, 2012	423	423
	Change in unrealized holding gains,	(154)	(154)
	net of tax - ($105)
	Balance, December 31, 2013	269	269
	Change in unrealized holding gains,	(47)	(47)
	net of tax - ($25)
	Balance, December 31, 2014	$ 222	$ 222

Accumulated_Other_Comprehensiv2

Accumulated Other Comprehensive Income: Reclassification out of Accumulated Other Comprehensive Income (Tables)	12 Months Ended
	Dec. 31, 2014
Tables/Schedules
Reclassification out of Accumulated Other Comprehensive Income
		2014	2013	2012
	Reclassifications from accumulated other comprehensive income
	Unrealized gains (losses) on available-for-sale	$ -	$ -	$ (4,083)
	securities included in net realized investment losses
	Total reclassifications from accumulated
	other comprehensive income	-	-	(4,083)
	Tax expense (benefit)	-	-	(1,429)
	Net reclassification from accumulated	$ -	$ -	$ (2,654)
	other comprehensive income

Business_Segment_Information_S

Business Segment Information: Schedule of Segment Reporting Information, by Segment (Tables)	12 Months Ended
	Dec. 31, 2014
Tables/Schedules
Schedule of Segment Reporting Information, by Segment
		Life and
	Year ended or as of December 31, 2014	Health	Annuities	Total
	Revenues
	Life and health premiums, net	$ 127	$ -	$ 127
	Contract charges	24	-	24
	Net investment income	278	-	278
	Net realized investment gains	-	-	-
	Other income	-	-	-
	Total revenues	429	-	429
	Benefits and expenses
	Life and health insurance claims and benefits, net	112	-	112
	Interest credited to policyholder account balances	8	-	8
	Operating and other expenses	137	-	137
	Total benefits and expenses	257	-	257
	Income before income taxes	172	-	172
	Income tax expense	11	-	11
	Net income	161	-	161
	Change in unrealized (losses), net of tax (benefit)	(47)	-	(47)
	Other comprehensive (loss)	(47)	-	(47)
	Total comprehensive income	$ 114	$ -	$ 114
	Reinsurance recoverable from affiliate	$ 25,199	$ -	$ 25,199
	Assets on deposit	-	349,937	349,937
	Claim and policy benefit reserves - life and health	22,035	333	22,368
	Policyholder account balances	3,612	349,937	353,549
	The following table sets forth financial information regarding the Company’s two reportable business segments for the year ended December 31, 2013.
		Life and
	Year ended or as of December 31, 2013	Health	Annuities	Total
	Revenues
	Life and health premiums, net	$ 139	$ -	$ 139
	Contract charges	46	-	46
	Net investment income	176	-	176
	Net realized investment gains	-	-	-
	Other income	293	-	293
	Total revenues	654	-	654
	Benefits and expenses
	Life and health insurance claims and benefits, net	179	-	179
	Interest credited to policyholder account balances	9	-	9
	Operating and other expenses	86	-	86
	Total benefits and expenses	274	-	274
	Income before income taxes	380	-	380
	Income tax expense	249	-	249
	Net income	131	-	131
	Change in unrealized (losses), net of tax (benefit)	(154)	-	(154)
	Other comprehensive (loss)	(154)	-	(154)
	Total comprehensive (loss)	$ (23)	$ -	$ (23)
	Reinsurance recoverable from affiliate	$ 25,525	$ -	$ 25,525
	Assets on deposit	-	89,313	89,313
	Claim and policy benefit reserves - life and health	23,196	-	23,196
	Policyholder account balances	3,734	89,313	93,047

Recovered_Sheet8

Summary of Significant Accounting Policies: Policyholder Account Balances (Details)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Details
Average credited interest rate	4.50%	4.50%	4.50%
Future minimum guaranteed interest rate	4.50%	4.50%	4.50%

Investments_Investments_in_Deb1

Investments: Investments in Debt Securities (Details) (USD $)	0 Months Ended		12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013		Dec. 31, 2014		Dec. 31, 2013
Amortized cost of debt securities available for sale	$6,144		$12,854		$6,144
Debt securities, available for sale, at fair value	6,556	[1]	13,194	[2]	6,556	[1]
US Government Agencies Debt Securities
Amortized cost of debt securities available for sale	2,403		9,888		2,403
Available-for-sale Debt Securities Gross Unrealized Gain	153		103
Available-for-sale Debt Securities, Gross Unrealized Loss			-4
Debt securities, available for sale, at fair value	2,556		9,987		2,556
Residential Mortgage Backed Securities
Amortized cost of debt securities available for sale	3,741		2,966		3,741
Available-for-sale Debt Securities Gross Unrealized Gain	259		241
Debt securities, available for sale, at fair value	4,000		3,207		4,000
Debt Securities
Amortized cost of debt securities available for sale	6,144		12,854		6,144
Available-for-sale Debt Securities Gross Unrealized Gain	412		344
Available-for-sale Debt Securities, Gross Unrealized Loss			-4
Debt securities, available for sale, at fair value	$6,556		$13,194		$6,556
[1]	Amortized cost - $6,144
[2]	Amortized cost - $12,854

Investments_Investments_Classi1

Investments: Investments Classified by Contractual Maturity Date (Details) (USD $)	Dec. 31, 2014		Dec. 31, 2013
In Thousands, unless otherwise specified
Amortized cost of debt securities available for sale	$12,854		$6,144
Debt securities, available for sale, at fair value	13,194	[1]	6,556	[2]
Residential Mortgage Backed Securities
Amortized cost of debt securities available for sale	2,966		3,741
Debt securities, available for sale, at fair value	3,207		4,000
Debt Securities
Amortized cost of debt securities available for sale	12,854		6,144
Debt securities, available for sale, at fair value	13,194		6,556
Due after one year through five years
Amortized cost of debt securities available for sale	9,888
Debt securities, available for sale, at fair value	$9,987
[1]	Amortized cost - $12,854
[2]	Amortized cost - $6,144

Investments_Investment_Income_1

Investments: Investment Income (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Gross Investment Income, Operating	$312	$289	$2,033
Investment Income, Investment Expense	-34	-113	-105
Net Investment Income	278	176	1,928
Debt Securities
Gross Investment Income, Operating	304	275	1,829
Policy loans
Gross Investment Income, Operating	8	8	165
Other investments
Gross Investment Income, Operating		$6	$39

Investments_Realized_Gain_Loss1

Investments: Realized Gain (Loss) on Investments (Details) (USD $)	12 Months Ended
	Dec. 31, 2012
Details
Debt Securities, Gross gains on sales	$4,319
Debt Securities, Net realized investment gains	$4,319

Investments_Details

Investments (Details) (USD $)	0 Months Ended			12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Details
Proceeds from sale of debt securities				$0	$0	$1,757
Fair value of debt security in unrealized loss position				7,526
Gross unrealized losses	4	0	0
Embedded Derivatives, Assets				45,503	8,652
Embedded Derivatives, Liabilities				45,503	8,652
Embedded Derivatives, Increase (Decrease) in fair value				9,581	592
Securities on deposit with regulatory jurisdictions				$1,854	$1,941

Investments_Unrealized_Gain_Lo1

Investments: Unrealized Gain (Loss) on Investments (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Net unrealized investment gains included in AOCI	$222	$269	$423
Debt Securities
Net unrealized investment gains included in AOCI	340	412	671
DeferredIncomeTaxesMember
Net unrealized investment gains included in AOCI	($118)	($143)	($248)

Fair_Value_Fair_Value_Assets_m1

Fair Value: Fair Value Assets measured on a Recurring Basis (Details) (USD $)	Dec. 31, 2014
Assets, Fair Value Disclosure	$62,378
Fair Value, Inputs, Level 1
Assets, Fair Value Disclosure	3,681
Fair Value, Inputs, Level 1 | Cash and Cash Equivalents
Assets, Fair Value Disclosure	3,681	[1]
Fair Value, Inputs, Level 2
Assets, Fair Value Disclosure	13,194
Fair Value, Inputs, Level 2 | US Government Agencies Debt Securities
Assets, Fair Value Disclosure	9,987
Fair Value, Inputs, Level 2 | Residential Mortgage Backed Securities
Assets, Fair Value Disclosure	3,207
Fair Value, Inputs, Level 2 | Debt Securities
Assets, Fair Value Disclosure	13,194
Fair Value, Inputs, Level 3
Assets, Fair Value Disclosure	45,503
Fair Value, Inputs, Level 3 | Derivative
Assets, Fair Value Disclosure	45,503
Cash and Cash Equivalents
Assets, Fair Value Disclosure	3,681	[1]
US Government Agencies Debt Securities
Assets, Fair Value Disclosure	9,987
Residential Mortgage Backed Securities
Assets, Fair Value Disclosure	3,207
Debt Securities
Assets, Fair Value Disclosure	13,194
Derivative
Assets, Fair Value Disclosure	$45,503
[1]	Excludes cash of $1,921 that is not subject to fair value accounting.

Fair_Value_Schedule_of_changes1

Fair Value: Schedule of changes in assets and liabilities classified as Level 3 (Details) (USD $)	12 Months Ended
	Dec. 31, 2014
Assets classified as level 3	$8,652
Assets classified as level 3, Purchases	27,522
Assets classified as level 3, Earnings	9,581	[1]
Assets classified as level 3	45,503
Liabilities classified as level 3	8,652
Liabilities classified as level 3, Purchases	27,522
Liabilities classified as level 3, Earnings	9,581	[1]
Liabilities classified as level 3	45,503
Derivative
Assets classified as level 3	8,652
Assets classified as level 3, Purchases	27,522
Assets classified as level 3, Earnings	9,581	[1]
Assets classified as level 3	45,503
Liabilities classified as level 3	8,652
Liabilities classified as level 3, Purchases	27,522
Liabilities classified as level 3, Earnings	9,581	[1]
Liabilities classified as level 3	$45,503
[1]	Included in earnings is realized gains and losses on embedded derivatives.

Fair_Value_Carrying_amounts_an1

Fair Value: Carrying amounts and estimated fair values of the Company's financial instruments which are not measured at fair value on a recurring basis (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
Financial instruments recorded as assets, Carrying Amount	$304,434	$80,661
Financial instruments recorded as assets, Estimated Fair Value	294,710	79,227
Financial instruments recorded as assets, Level	2	2
Investment Contracts
Financial instruments recorded as assets, Carrying Amount	304,434	80,661
Financial instruments recorded as assets, Estimated Fair Value	294,710	79,227
Financial instruments recorded as assets, Level	2	2
Cash
Financial instruments recorded as assets, Carrying Amount	1,921	769
Financial instruments recorded as assets, Estimated Fair Value	1,921	769
Financial instruments recorded as assets, Level	1	1
Policy loans
Financial instruments recorded as assets, Carrying Amount	104	110
Financial instruments recorded as assets, Estimated Fair Value
Financial instruments recorded as assets, Level

Income_Tax_Schedule_of_Compone1

Income Tax: Schedule of Components of Income Tax Expense (Benefit) (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Details
Current Income Tax Expense (Benefit)	($186)	($426)	($1,822)
Deferred Income Tax Expense (Benefit)	197	675	3,501
Income Tax Expense (Benefit), Continuing Operations	$11	$249	$1,679

Income_Tax_Schedule_of_Effecti1

Income Tax: Schedule of Effective Income Tax Rate Reconciliation (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Details
Effective Income Tax Rate Reconciliation at Federal Statutory Income Tax Rate, Amount	$60	$133	$1,761
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	35.00%	35.00%	35.00%
Effective Income Tax Rate Reconciliation, Prior Year Income Taxes, Amount	-41	116	-82
Effective Income Tax Rate Reconciliation, Prior Year Income Taxes, Percent	-23.90%	30.50%	-1.60%
Total Income Tax Expense (Benefit)	$11	$249	$1,679
Effective Income Tax Rate Reconciliation, Percent	6.40%	65.50%	33.40%

Income_Tax_Schedule_of_Deferre1

Income Tax: Schedule of Deferred Tax Assets and Liabilities (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Deferred Tax Assets, Gross
Deferred Tax Assets, Policy Liabilities and Reserves	$81	$118
Deferred Tax Assets, Investments	276	536
Deferred Tax Assets, Other	3	14
Deferred Tax Assets, Gross	616	825
Deferred Tax Liabilities, Gross
Deferred Tax Liabilities, Unrealized Gains on Trading Securities	118	143
Deferred Tax Liabilities, Other		70
Deferred Tax Liabilities, Gross	176	214
Net deferred tax asset	$440	$611

Income_Tax_Schedule_of_Unrecog1

Income Tax: Schedule of Unrecognized Tax Benefits Roll Forward (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Details
Unrecognized Tax Benefits, Beginning Balance	$7	$46	$153
Unrecognized Tax Benefits, Increase Resulting from Prior Period Tax Positions			4
Unrecognized Tax Benefits, Decrease Resulting from Prior Period Tax Positions	-6	-39	-2
Unrecognized Tax Benefits, Decrease Resulting from Settlements with Taxing Authorities			-96
Unrecognized Tax Benefits, Decrease Resulting from Foreign Currency Translation			-13
Unrecognized Tax Benefits, Ending Balance	$1	$7	$46

Income_Tax_Details

Income Tax (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
Details
Accruals for payment of interest and penalties	$7	$7
Deferred Tax Assets, Capital Loss Carryforwards	0	0
Operating Loss Carryforwards	0	0
Tax Credit Carryforward, Amount	$0	$0

Related_Party_Transactions_Det

Related Party Transactions (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Details
Shared Expenses remibursed	$5,641	$2,492	$1,044

Related_Party_Transactions_Sch1

Related Party Transactions: Schedule of Related Party Transactions (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
Due from Related Parties, Current	$2,765	$2,865
Due to Related Parties, Current	1,292	870
CMFG Life Insurance Company
Due from Related Parties, Current	2,765	2,865
Due to Related Parties, Current		6
CUNA Brokerage Services, Inc
Due to Related Parties, Current	1,290	854
MEMBERS Capital Advisors, Inc.
Due to Related Parties, Current	$2	$10

Reinsurance_Details

Reinsurance (Details) (USD $)	0 Months Ended	12 Months Ended
	Oct. 31, 2012	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Oct. 31, 2012
Details
Ceded Premiums Earned	$23,121	($2,486)	($2,672)	($23,667)
Policyholder Benefits and Claims Incurred, Ceded	22,637	-1,771	-2,774	-23,114
Policyholder Account Balances Ceded to affiliate	3,762
Reinsurance Recoverables					$26,399

Reinsurance_Effects_of_Reinsur1

Reinsurance: Effects of Reinsurance (Details) (USD $)	0 Months Ended	12 Months Ended
	Oct. 31, 2012	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Details
Policies in force		$123,223	$147,371	$163,937
Premiums Written and Earned
Direct Premiums Written		2,613	2,811	3,208
Direct Premiums Earned		2,613	2,811	3,208
Ceded Premiums Written		-2,482	-2,671	-23,714
Ceded Premiums Unearned		-4	-1	47
Ceded Premiums Earned	23,121	-2,486	-2,672	-23,667
Premiums written, net		131	140	-20,506
Change in unearned premiums, net		-4	-1	47
Premiums, Net		127	139	-20,459
Policyholder Benefits and Claims Incurred, Net
Policyholder Benefits and Claims Incurred, Direct		1,883	2,953	3,086
Policyholder Benefits and Claims Incurred, Ceded	22,637	-1,771	-2,774	-23,114
Policyholder Benefits and Claims Incurred, Net		$112	$179	($20,028)

Statutory_Financial_Data_and_D2

Statutory Financial Data and Dividend Restrictions: Schedule of certain statutory basis financial information (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Details
Statutory Accounting Practices, Statutory Capital and Surplus, Balance	$18,366	$17,829
Statutory Accounting Practices, Statutory Net Income Amount	($1,792)	($1,562)	$3,259

Accumulated_Other_Comprehensiv3

Accumulated Other Comprehensive Income: Schedule of Accumulated Other Comprehensive Income (Loss) (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014		Dec. 31, 2013		Dec. 31, 2012
Details
Unrealized Investment Gain (Loss), Balance	$269		$423		$2,687
Accumulated Other Comprehensive Income (Loss), Net of Tax, Beginning Balance	269	[1]	423		2,687
Unrealized Gain (Loss) on Investments	-47	[2]	-154	[3]	-2,264	[4]
Change in unrealized holding gains	-47	[2]	-154	[3]	-2,264	[4]
Unrealized Investment Gain (Loss), Balance	222		269		423
Accumulated Other Comprehensive Income (Loss), Net of Tax, Ending Balance	$222	[5]	$269	[1]	$423
[1]	Accumulated other comprehensive income, net of tax expense - $143
[2]	Change in unrealized holding gains, net of tax - ($25)
[3]	Change in unrealized holding gains, net of tax - ($105)
[4]	Change in unrealized holding gains, net of tax - ($1,219)
[5]	Accumulated other comprehensive income, net of tax expense - $118

Accumulated_Other_Comprehensiv4

Accumulated Other Comprehensive Income: Reclassification out of Accumulated Other Comprehensive Income (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2012
Details
Accumulated Other Comprehensive Income Reclassification for unrealized net gains on available-for-sale securities	($4,083)
Reclassification from Accumulated Other Comprehensive Income, Current Period, before Tax	-4,083
Reclassifications from accumulated other comprehensive income, tax expense (benefit)	-1,429
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax	($2,654)

Business_Segment_Information_S1

Business Segment Information: Schedule of Segment Reporting Information, by Segment (Details) (USD $)	12 Months Ended
	Dec. 31, 2014		Dec. 31, 2013		Dec. 31, 2012
Revenues
Life and health premiums, net	$127,000	[1]	$139,000	[1]	($20,459,000)	[1]
Contract charges	24,000	[1]	46,000	[1]	460,000	[1]
Net investment income	278,000		176,000		1,928,000
Debt Securities, Net realized investment gains					4,319
Other Income			293,000
Total revenues	429,000		654,000		-13,752,000
Benefits and expenses
Life and health insurance claims and benefits, net	112,000	[1]	179,000	[1]	-20,028,000	[1]
Interest credited to policyholder account balances	8,000	[1]	9,000	[1]	158,000	[1]
Operating and other expenses	137,000	[2]	86,000	[2]	1,087,000	[2]
Total benefits and expenses	257,000		274,000		-18,783,000
Income (loss) before income taxes	172,000		380,000		5,031,000
Income tax expense (benefit)	11,000		249,000		1,679,000
Net income (loss)	161,000		131,000		3,352,000
Change in unrealized gains (losses), net of tax expense (benefit)	-47,000	[3]	-154,000	[3],[4]	390,000	[3],[5]
Other Comprehensive Income (Loss)	-47,000		-154,000		-2,264,000
Comprehensive Income (Loss), Net of Tax, Attributable to Parent, Total	114,000		-23,000		1,088,000
Reinsurance recoverable from affiliate	25,199,000		25,525,000
Assets on deposit	349,937,000		89,313,000
Claim and policy benefit reserves - life and health	22,368,000		23,196,000
Policyholder account balances	353,549,000		93,047,000
Life and Health
Revenues
Life and health premiums, net	127,000		139,000
Contract charges	24,000		46,000
Net investment income	278,000		176,000
Other Income			293,000
Total revenues	429,000		654,000
Benefits and expenses
Life and health insurance claims and benefits, net	112,000		179,000
Interest credited to policyholder account balances	8,000		9,000
Operating and other expenses	137,000		86,000
Total benefits and expenses	257,000		274,000
Income (loss) before income taxes	172,000		380,000
Income tax expense (benefit)	11,000		249,000
Net income (loss)	161,000		131,000
Change in unrealized gains (losses), net of tax expense (benefit)	-47,000		-154,000
Other Comprehensive Income (Loss)	-47,000		-154,000
Comprehensive Income (Loss), Net of Tax, Attributable to Parent, Total	114,000		-23,000
Reinsurance recoverable from affiliate	25,199,000		25,525,000
Claim and policy benefit reserves - life and health	22,035,000		23,196,000
Policyholder account balances	3,612,000		3,734,000
Annuities
Benefits and expenses
Assets on deposit	349,937,000		89,313,000
Claim and policy benefit reserves - life and health	333,000
Policyholder account balances	$349,937,000		$89,313,000
[1]	Note 7.
[2]	Note 6.
[3]	Net of tax expense (benefit) - ($25).
[4]	Net of tax expense (benefit) - ($105).
[5]	Net of tax expense (benefit) - $210.