SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549



                                    FORM 8-K




                                 CURRENT REPORT
                     PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934



       Date of Report (Date of Earliest Event Reported): September 1, 2004



                    SOUTHERN SECURITY LIFE INSURANCE COMPANY
             (Exact name of registrant as specified in this Charter)



      Utah                             2-35669                 59-1231733
- ----------------------------    ----------------------      -----------------
(State or other jurisdiction   (Commission File Number)     (IRS Employer
  of incorporation)                                         Identification No.)



  755 Rinehart Road, Lake Mary, Florida                        32746
  -------------------------------------                    -------------
 (Address of principal executive offices)                    (Zip Code)



Registrant's Telephone Number, Including Area Code:  (801) 264-1060
                                                     --------------





                                 Does Not Apply
          (Former name or former address, if changed since last report)






ITEM 8.01.  Other Events

     On  September  1, 2004,  Southern  Security  Life  Insurance  Company  (the
"Company")  received a letter from  NASDAQ  Stock  Market,  Inc.  notifying  the
Company  that it no longer  meets  the  minimum  500,000  publicly  held  shares
requirement for continued  listing on the NASDAQ SmallCap Market as set forth in
Marketplace  Rule  4310(c)(7).  The  notice  was  based on the  Company's  Proxy
Statement,  filed with the Securities and Exchange Commission (the "Commission")
on August 27, 2004, for the period ended December 31, 2003, which disclosed that
the Company's publicly held shares of common stock were 490,816 shares.

     The letter from the NASDAQ Stock Market, Inc. further stated that the staff
is in the process of reviewing the Company's  eligibility for continued  listing
on the NASDAQ SmallCap Market. To facilitate the staff's review,  the Company is
requested to provide the staff on or before  September  16, 2004 with a specific
plan to achieve and sustain  compliance with all of the NASDAQ SmallCap  listing
requirements,  including the time frame for  completion of the plan. The Company
is also  requested  to provide any  relevant  documentation,  including  but not
limited to financial  projections,  agreements,  offering circulars,  letters of
intent and contracts.

     The NASDAQ Stock Market,  Inc. letter finally stated that at the conclusion
of the review process,  if the staff determines that the Company's plan does not
adequately address the issues set forth in the letter, NASDAQ Stock Market, Inc.
will provide written notification that the Company's securities will be delisted
from the NASDAQ  SmallCap  Market.  At that  time,  the  Company  may appeal the
staff's decision to a NASDAQ Listing Qualifications Panel.

     On August 27, 2004, the Company filed with the Commission a Proxy Statement
for the Company's  Annual Meeting of Stockholders to be held on October 8, 2004.
The matters to be addressed at the annual meeting  include,  but are not limited
to, the adoption and approval of an Agreement  and Plan of  Reorganization  with
Security  National Life Insurance  Company and SSLIC Holding  Company,  which if
consummated,  would result in (i) the Company becoming a wholly owned subsidiary
of Security  National Life Insurance  Company and (ii) the  stockholders  of the
Company (except for Security  National Life Insurance  Company and SSLIC Holding
Company)  becoming  entitled  to  receive  cash for their  common  shares of the
Company in the  amount of $3.84 per  share.  Security  National  Life  Insurance
Company  and  SSLIC  Holding  Company  currently  own  76.7%  of  the  Company's
outstanding common shares.

     If the proposed merger is completed, the total amount of cash to be paid by
Security  National Life Insurance Company to the holders of the Company's common
stock  (except for Security  National Life  Insurance  Company and SSLIC Holding
Company),  holding an aggregate  of 490,816  shares,  or 23.3% of the  Company's
outstanding  common  shares,  would be  $1,884,733.44.  The  conditions  for the
completion  of the merger  transaction  include the adoption and approval of the
Agreement  and  Plan  of  Reorganization  at the  Company's  Annual  Meeting  of
Stockholders and the approval of the transactions  contemplated by the Agreement
and Plan of Reorganization by the insurance departments of the states of Florida
and Utah, and on the closing date, the dissenting  stockholders,  if any, of the
Company shall not exceed 10% of the Company's outstanding common shares.

                                   SIGNATURES

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.


                                  SOUTHERN SECURITY LIFE
                                  INSURANCE COMPANY
                                    (Registrant)



Date: September 3, 2004            By: /s/ Scott M. Quist
                                   ------------------------------
                                   Scott M. Quist, President and Chief
                                   Operating Officer