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 Security National Financial (NASDAQ:SNFCA)

Company Description

Security National Financial Corporation, together with its subsidiaries, provides life insurance, cemetery and mortuary services, and mortgage loans. The company’s Life Insurance segment engages in selling and servicing selected lines of life insurance, annuity products, and accident and health insurance products. It also provides funeral plans and interest-sensitive life insurance, as well as other traditional life and accident, and health insurance products. This segment sells its products through direct agents, brokers, and independent licensed agents. Its Cemetery and Mortuary segment offers various products that include plots, interment vaults, mausoleum crypts and niches, markers, caskets, flowers, and other related products; and professional services of funeral directors, opening and closing of graves, use of chapels and viewing rooms, and use of automobiles and clothing. This segment operates five cemeteries in Utah and one cemetery in California; and seven mortuaries in Salt Lake City, Utah, as well as one mortuary in Phoenix, Arizona. It sells its products and services through sales representatives. The company’s Mortgage Loans segment originates and underwrites residential and commercial loans for new construction, existing homes, and real estate projects primarily in Utah, Florida, California, Illinois, Texas, and Kansas. Security National Financial Corporation was founded in 1965 and is headquartered in Salt Lake City, Utah.

Web site: http://www.securitynational.com

Last updated August 29, 2012