U. S. SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                                   FORM 12b-25
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                                                     SEC File Number: 2-35669
                                                     CUSIP Number:  843805102

                           NOTIFICATION OF LATE FILING

                                  (Check One):

(X) Form 10-K  ( ) Form 20-F  ( ) Form 11-K  ( ) Form 10-Q  ( ) Form N-SAR

     Form Period Ended:

     ( )  Transition Report on Form 10-K
     ( )  Transition Report on Form 20-F
     ( )  Transition Report on Form 11-K
     ( )  Transition Report on Form 10-Q
     ( )  Transition Report on Form N-SAR

     For the Transition Period Ended:

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     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.

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

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     PART I -- Registrant Information
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     Full Name of Registrant:
          Southern Security Life Insurance Company

     Former Name if Applicable:  n/a

     Address of Principal Executive Office (Street and Number):
          755 Rinehart Road

     City, State and zip Code:
          Lake Mary, Florida 32746


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     PART II -- Rules 12b-25 (b) and (c)
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     If the subject  report could not be filed  without  unreasonable  effort or
     expense and the Registrant  seeks relief  pursuant to Rule  12b-25(b),  the
     following should be completed. (Check box if appropriate):

     (X) (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-K, 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 or  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
     12B-25(c) has been attached if applicable.

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     PART III -- Narrative
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     State below in reasonable detail the reasons why Form 10-K, Form 20-K,
     11-K or Form N-SAR, or the transition report or portion thereof could
     not be filed within the prescribed period. (Attach Extra Sheets if
     Needed)

     The Registrant and its consulting actuaries, KPMG Peat Marwick, LLP,
     are still in the process of accumulating and analyzing information 
     required for the December 31, 1997 10-K of the Registrant. The extension
     should be adequate for the accumulation of the remaining information.

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     PART IV -- Other Information
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     (1)  Name and telephone number of person to contact in regard to this
     notification:

         David C. Thompson                (407)           321-7113
             (Name)                    (Area Code)   (Telephone Number)


     (2)  Have all  other  periodic  reports  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 the 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?

                                               (  )  Yes   (X)  No

     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.

                    Southern Security Life Insurance Company
                  (Name of Registrant as specified in charter)

     has caused this notification to be signed on its behalf by the
     undersigned thereunto duly authorized.

     Date: March 31, 1998               By:/s/ David C. Thompson
                                           David C. Thompson 
                                           Executive Vice President

     INSTRUCTION:  The  form  may  be  signed  by an  executive  officer  of the
     registrant  or by any other duly  authorized  representative.  The name and
     title of the person signing the form shall be typed or printed  beneath the
     signature.  If the  statement is signed on behalf of the  registrant  by an
     authorized representative (other than an executive office), evidence of the
     representative's  authority  to sign on behalf of the  registrant  shall be
     filed with the form.