<ARTICLE> 7 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> SEP-30-1995 <DEBT-HELD-FOR-SALE> 123,624,316 <DEBT-CARRYING-VALUE> 6,443,301 <DEBT-MARKET-VALUE> 6,544,316 <EQUITIES> 2,532,015 <MORTGAGE> 12,719,629 <REAL-ESTATE> 0 <TOTAL-INVEST> 158,023,275 <CASH> 2,109,907 <RECOVER-REINSURE> 591,615 <DEFERRED-ACQUISITION> 29,613,501 <TOTAL-ASSETS> 206,270,186 <POLICY-LOSSES> 152,265,096 <UNEARNED-PREMIUMS> 8,085,775 <POLICY-OTHER> 1,559,017 <POLICY-HOLDER-FUNDS> 2,235,707 <NOTES-PAYABLE> 0 <COMMON> 1,441,954 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 34,533,472 <TOTAL-LIABILITY-AND-EQUITY> 206,270,186 <PREMIUMS> 21,905,292 <INVESTMENT-INCOME> 7,948,056 <INVESTMENT-GAINS> 54,697 <OTHER-INCOME> 106,968 <BENEFITS> 12,946,350 <UNDERWRITING-AMORTIZATION> 268,863 <UNDERWRITING-OTHER> 16,449,930 <INCOME-PRETAX> 349,870 <INCOME-TAX> 48,982 <INCOME-CONTINUING> 300,888 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 300,888 <EPS-PRIMARY> .33 <EPS-DILUTED> 0 <RESERVE-OPEN> 0 <PROVISION-CURRENT> 0 <PROVISION-PRIOR> 0 <PAYMENTS-CURRENT> 0 <PAYMENTS-PRIOR> 0 <RESERVE-CLOSE> 0 <CUMULATIVE-DEFICIENCY> 0