SNFCA Stock Discussion

Security National Financial Corporation - Class A 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 and annuity products. It also provides funeral plans and interest-sensitive life insurance; and other traditional life, accident, and health insurance products, as well as cedes and assumes certain risks with various authorized unaffiliated reinsurers pursuant to reinsurance treaties. This segment sells its products through direct agents, brokers, and independent licensed agents, as well as through its cemetery and mortuary sales force. Security National Financial Corporation's Cemetery and Mortuary segment offers various products and services on a pre-need basis and an at-need basis 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 Utah, as well as one mortuary in 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 California, Florida, Illinois, Kansas, Texas, and Utah. Security National Financial Corporation was founded in 1965 and is headquartered in Salt Lake City, Utah.

Sector: Financial Services
Industry: Credit Services
Keywords: Insurance Clothing Life Insurance Insurance Industry Reinsurance Health Insurance Annuity Products Health Insurance Products Funeral Real Estate Projects Cemetery Interest Sensitive Life Insurance