SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                   FORM 12b-25

                           NOTIFICATION OF LATE FILING

                                                 Commission File Number 0-9341

(Check one)


X Form 10-K and Form 10-KSB    Form 11-K

 Form 20-F   Form 10-Q and Form 10-QSB   Form N-SAR

For period ended: December 31, 2002

Transition Report on Form 10-K and Form 10-KSB

Transition Report on Form 20-F

Transition Report on Form 11-K

Transition Report on Form 10-Q and Form 10-QSB

Transition Report on Form N-SAR

For the transition period ended _____________________________________________

Read Attached Instruction Sheet Before Preparing Form. Please Print or Type.

Nothing  in this  form  shall be  construed  to imply  that the  Commission  has
verified any information contained herein.

If the notification  relates to a portion of the filing checked above,  identify
the item(s) to which the notification relates



                                     PART I
                             REGISTRANT INFORMATION

Full name of registrant: Security National Financial Corporation

Former name if applicable: ________________________________________________

Address of principal executive office (Street and number):

                         5300 South 360 West, Suite 250
                           Salt Lake City, Utah 84123

                                     PART II
                             RULE 12b-25(b) AND (c)


If the subject report could not be filed without  unreasonable effort or expense
and the  registrant  seeks relief  pursuant to Rule  132b-25(b),  the  following
should be completed. (Check box if appropriate).


     (a)  The reasons  described in  reasonable  detail in Part III of this form
          could not be eliminated without unreasonable effort or expense.





     X    (b) The subject annual report,  semi-annual report,  transition report
          on Form 10-K, Form 20-F, 11-K or Form N-SAR, or portion thereof,  will
          be filed  on or  before  the  fifteenth  calendar  day  following  the
          prescribed  due date;  or the subject  quarterly  report of transition
          report on Form 10-Q, or portion thereof will be filed on or before the
          fifth calendar day following the prescribed due date; and

     (c)  The   accountant's   statement  or  other  exhibit  required  by  Rule
          12(b)-25(c) has been attached if applicable.

                                    PART III
                                    NARRATIVE

State below in reasonable  detail the reasons why Forms 10-K,  11-K, 10-Q, N-SAR
or the  transition  report or  portion  thereof,  could not be filed  within the
prescribed time period. (Attach extra sheets if needed.)

The Form 10-K cannot be completed  within the  requested  time period due to the
complexities  involved  in  completing  the  required  financial  statements  of
registrant,  including  those  relating to the asset purchase  transaction  with
Acadian Life Insurance Company, which was completed on December 23, 2002.


                                     PART IV
                                OTHER INFORMATION


(1)  Name  and  telephone  number  of  person  to  contact  in  regard  to  this
     notification

      Randall A. Mackey        (801)              575-5000
     -----(name)------------(area code)--------(telephone number)--------

(2)  Have all other periodic  reports  required under Section 13 or 15(d) of the
     Securities Exchange Act of 1934 or Section 30 of the Investment Company Act
     of 1940 during the  preceding 12 months (or for such  shorter)  period that
     the registrant was required to file such report(s) been filed? If answer is
     no, identify report(s).

         X        Yes     No

(3)  Is it anticipated that any significant change in results of operations from
     the corresponding  period for the last fiscal year will be reflected by the
     earnings  statements  to be  included  in the  subject  report  or  portion
     thereof?

If so, attach an explanation of the  anticipated  change,  both  narratively and
quantitatively, and, if appropriate, state the reasons why a reasonable estimate
of the results cannot be made.

         Yes    X No

                     Security National Financial Corporation
                  (Name of Registrant as Specified in Charter)

Has  caused  this  notification  to be signed on its  behalf by the
undersigned hereunto duly authorized.



Date:   March 31, 2003                   By: /s/ Scott M. Quist
                                         _______________________
                                         Scott M. Quist
                                         President, General Counsel and
                                         Chief Operating Officer