<ARTICLE> 7
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FORM
10-QSB FOR THE PERIOD ENDING JUNE 30, 1995 AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
                                                  
<PERIOD-TYPE>                   6-MOS                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1995             DEC-31-1994
<PERIOD-END>                               JUN-30-1995             JUN-30-1994
<DEBT-HELD-FOR-SALE>                                 0                       0
<DEBT-CARRYING-VALUE>                       14,817,865              14,339,417
<DEBT-MARKET-VALUE>                         14,884,851              13,033,675
<EQUITIES>                                           0                       0
<MORTGAGE>                                           0                       0
<REAL-ESTATE>                                        0                       0
<TOTAL-INVEST>                              15,959,485              15,296,439
<CASH>                                         709,007                 681,950
<RECOVER-REINSURE>                               8,396                   9,093
<DEFERRED-ACQUISITION>                       6,830,907               6,950,147
<TOTAL-ASSETS>                              26,879,095              26,315,767
<POLICY-LOSSES>                             14,621,433              14,183,923
<UNEARNED-PREMIUMS>                                  0                       0
<POLICY-OTHER>                               1,026,485                 941,297
<POLICY-HOLDER-FUNDS>                          745,237                 812,215
<NOTES-PAYABLE>                                      0                       0
<COMMON>                                       262,558                 262,398
<PREFERRED-MANDATORY>                                0                       0
<PREFERRED>                                    249,869                 261,809
<OTHER-SE>                                           0                       0
<TOTAL-LIABILITY-AND-EQUITY>                26,879,095              26,315,767
<PREMIUMS>                                   3,782,371               3,860,621
<INVESTMENT-INCOME>                            580,206                 483,816
<INVESTMENT-GAINS>                               1,808                   2,677
<OTHER-INCOME>                                 126,539                  90,530
<BENEFITS>                                   1,990,350               2,393,919
<UNDERWRITING-AMORTIZATION>                    666,472                 621,629
<UNDERWRITING-OTHER>                         1,669,089               1,582,478
<INCOME-PRETAX>                                165,013               (160,382)
<INCOME-TAX>                                   (3,283)                (49,642)
<INCOME-CONTINUING>                            168,296               (110,740)
<DISCONTINUED>                                       0                       0
<EXTRAORDINARY>                                      0                       0
<CHANGES>                                            0                       0
<NET-INCOME>                                   168,296               (110,740)
<EPS-PRIMARY>                                      .08                   (.05)
<EPS-DILUTED>                                      .08                   (.05)
<RESERVE-OPEN>                                       0                       0
<PROVISION-CURRENT>                                  0                       0
<PROVISION-PRIOR>                                    0                       0
<PAYMENTS-CURRENT>                                   0                       0
<PAYMENTS-PRIOR>                                     0                       0
<RESERVE-CLOSE>                                      0                       0
<CUMULATIVE-DEFICIENCY>                              0                       0