Security National Life Insurance Co.

What Security National Life Insurance Co. does

Security National Life Insurance Co. is a privately held, for-profit financial services company headquartered in Salt Lake City, Utah. Founded in 1965, the firm operates three distinct business lines: life insurance, cemetery and mortuary services, and mortgage lending. This unusual vertical combination allows the company to serve customers across end-of-life financial planning needs, from premium financing and policy issuance through to funeral services and mortgage loan products. The organization employs between 251 and 500 people, and is led in part by a Vice President and Chief Actuary, reflecting a traditional insurance-carrier operating posture.

The company's life insurance line constitutes the core revenue engine, relying on actuarial underwriting, premium collection, and investment of reserves to generate returns. The cemetery and mortuary business provides a downstream service touchpoint for policyholders and their families, while the mortgage loan unit extends consumer or commercial real-estate credit. Together, these three lines suggest a closed-loop customer journey spanning insurance, funeral, and real-estate financing. The bundled model is uncommon in the U.S. market and positions the firm as a niche multi-line provider rather than a mass-market carrier.

The company's go-to-market motion and pricing details are not disclosed in the available source material, and most data fields returned were loading placeholders. Based on its size, business mix, and decades of operating history, the firm appears to function as a regional, relationship-driven provider rather than a high-volume, technology-led insurer. No product or technology differentiators, AI capabilities, certifications, awards, patents, or partnerships are documented in the available input.

Name

Security National Life Insurance Co.

Website

https://securitynationallife.com

Company type

Private

Founded year

1965

Headcount range

251–500 employees

Short description

Security National Life Insurance Co. is a privately held, Salt Lake City-based provider of life insurance, cemetery and mortuary services, and mortgage loans, serving individual consumers across the United States. Founded in 1965, it operates as a vertically integrated multi-line financial and funeral services carrier.

Ownership category

akta.pro rank

Product category

Life Insurance

NAICS

Direct Life Insurance Carriers (524113), Funeral Homes and Funeral Services (812210)

SIC

Life Insurance (6311)

akta.pro primary industry

Whole Life Insurance (FSAIABAA)

akta.pro secondary industries

Level Term Life Insurance (FSAIAAAA), Final Expense / Burial Life Insurance (FSAIABAF)

Keywords

• Life insurance
• Cemetery services
• Mortuary services
• Mortgage loans
• Funeral services

Headquarters

HQ city

Salt Lake City

HQ country

United States

HQ region

North America

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations

Core offering

Security National Life Insurance Co. provides life insurance products, cemetery and mortuary services, and mortgage loan products. The company operates as a multi-line financial and end-of-life services provider based in Salt Lake City, Utah.

Differentiator

Problem solved

Functional benefit

Products and services

• Life Insurance

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves2 records

Expansion highlights1 record

Direct peers

• American Equity Investment Life Insurance Company: Issuer of fixed-indexed annuities and life insurance with an independent agent focus and a strong final expense / retirement income franchise. Comparable to Security National Life Insurance Co. as a non-top-tier US life and retirement carrier competing for the same middle-market consumer.
• National Life Group: Montpelier, VT-based mutual life insurer offering whole life, universal life, term life, and annuities through a national agent network. Comparable product breadth, mutual heritage, and middle-market positioning to Security National Life Insurance Co.
• StoneMor Partners: US cemetery and funeral home operator with pre-need merchandise, services, and associated insurance-funded contracts. Directly comparable to the cemetery/mortuary business line that Security National Life Insurance Co. operates alongside its insurance arm.
• Foresters Financial: Fraternal life insurer offering whole life, term life, and annuities to middle-income households in the US and Canada. Closely comparable mission (mutual-style, member-focused life insurance) and product mix to Security National Life Insurance Co., with similar agent-driven distribution.
• National Western Life Insurance Group: Mid-sized US life insurer focused on whole life, universal life, and annuity products, primarily distributed through independent agents. Closely comparable to Security National Life Insurance Co. in size, product mix (traditional life and final expense), and private/mutual-style operating profile.
• Security Benefit Corporation: Mutual holding company offering annuities, life insurance, and retirement products through financial professionals. Directly comparable mid-sized life and retirement carrier competing in similar middle-market and final expense segments.
• Midland National Life Insurance Company (Sammons Financial): Carrier underwriting whole life, indexed universal life, and final expense policies through bank and broker-dealer channels. Directly comparable product portfolio and independent distribution model to Security National Life Insurance Co., with a similar mid-market positioning.
• F&G Annuities & Life: Specialty life insurer and annuity provider focused on indexed annuities, final expense, and life insurance distributed via independent agents and IMO channels. Highly comparable product specialization (especially final expense) and target customer to Security National Life Insurance Co.

Broad incumbents

• Lincoln Financial Group: Large diversified US life insurer and retirement services company offering whole life, universal life, term life, and group benefits. A broader incumbent in the same space as Security National Life Insurance Co., with overlapping product categories and distribution channels.
• Service Corporation International: Largest US funeral, cremation, and cemetery operator, with a pre-need funding and insurance-receivable business directly tied to final expense life insurance products. Comparable to Security National Life Insurance Co.'s mortuary/cemetery segment and its interaction with final expense underwriting.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/security-national-life-insurance-company

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Security National Life Insurance Co.