Security National Finance Corp., 5300 S. 360 West, has purchased Civil Service Employees Life Insurance Co. of San Francisco.
"The acquisition of Civil Service Life will provide Security National with a license to do business in California. This license will complement our pre-need funeral planning efforts in conjunction with the 35-acre cemetery currently under construction in the San Diego area," said Scott Quist, Security National's first vice president.The acquisition also will provide economies of scale and lower per-unit operating costs, he said.
Security National owns life insurance, cemeteries, mortuaries and mortgage subsidiaries.