Security Mutual Life News & Articles

It’s All About The Swing!


(Binghamton, NY • July 10, 2017) No matter how great your golf clubs are, it’s The Swing that keeps you in play and helps win the day. It’s the same in the world of financial planning: You can have all the tools, but you have to know how to use them—you need The Swing! And with both golf and financial planning, it can really help to learn from a pro.

To help you master The Swing, Security Mutual is pleased to present a complimentary two-hour program on Thursday, August 17, at 9:15 a.m. during the DICK’S Sporting Goods Open. The event will be held in Security Mutual’s corporate hospitality tent along the 18th Green at En-Joie Golf Course and features two presenters who have mastered The Swing: PGA TOUR Champions Professional Jeff Sluman, plus MoneyTrax, Inc., Founder and President Don Blanton.

Sluman, winner of the 2001 B.C. Open, plans to demonstrate his effective swing and give tips on how other players can improve theirs. Blanton will share his philosophy of taking control of your finances and creating your own resources in a positive way. He will show guests how to develop their financial swing while enjoying the game.

Guests will be provided breakfast, free event parking, admission, and a complimentary ticket to the final round of the DICK’S Sporting Goods Open.

Register for It’s All About The Swing at www.dsgopen.com or call the Tournament Office at 607-205-1500 for additional information. Seating is limited, so register soon!

Date: Thursday, August 17, 2017
Time: 9:15 a.m.
Location: Security Mutual Life Hospitality Tent
18th Green at the En-Joie Golf Course, Endicott, NY

The event is free but seating is limited, and registration is required. To register please call the Tournament Office at 607-205-1500 or register online here.

What Does New York Paid Family Leave Mean for Employers?


Effective January 1, 2018, all active full- and part-time private sector employees must be covered for Paid Family Leave (PFL) as part of a rider on the employer’s disability plan (DBL). This new rider will allow employees to take paid leave to provide care for a family member in serious need, to bond with a child after giving birth/adopting/foster care, or to take leave for a qualifying military event.


Security Mutual Life Receives Outstanding Service Award


Catholic Charities of Broome County Executive Director Lori Accardi presents an Outstanding Service Award to Security Mutual Life Chairman, President & CEO Bruce W. Boyea.

(Binghamton, NY • July 5, 2017) On June 21 at a special event celebrating its 80th year of service, Catholic Charities of Broome County presented Security Mutual Life Insurance Company of New York with an Outstanding Service Award.

In presenting the award, Catholic Charities of Broome County Executive Director Lori Accardi thanked Security Mutual for “the constant care and support rendered to Catholic Charities and our entire community.” Ms. Accardi mentioned some of the many ways Security Mutual helps serve Greater Binghamton, from sponsoring the 2011 Southern Tier Flood Relief Concert and helping Catholic Charities of Broome County launch its first capital campaign, to presenting the annual All-Star Golf Tournament.

“Catholic Charities as well as the Urban League, CHOW and the Boys and Girls Club are the beneficiaries of the tournament, which is not only an event but also a coming together of our local community, again to create good. 2017 will be the 16th tournament, one which I am confident will be better than ever,” Accardi said.

Catholic Charites also presented Outstanding Service Awards to iHeart Radio, Wegmans Food Markets, Cruisin’ Buddies Car Club, Triple Cities Street Rods Car Club, and The Ladies of Charity. Catholic Charities of Broome County has been serving those in need in Broome County since 1937 and provides a wide range of services, including mental health services, residential services for people with developmental disabilities, family and adult care management, and youth, family and community outreach services.

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Travel and the Not-So-Powerful Power of Attorney


Much like living wills and health care proxies, the power of attorney is a critical lifetime document. It authorizes another person (or persons) to act on your behalf in the event of incapacity. Unlike a health care proxy, however, the person named would not make medical decisions, but would engage in necessary activities on your behalf such as paying bills, dealing with government agencies, and otherwise managing your personal, legal, or financial affairs.

What happens if you are traveling and you become incapacitated or comatose while in a different state or foreign land? Will your directives and appointments validly made in your home state be honored in whatever jurisdiction you chose to travel to? Or will the foreign jurisdiction require you to undergo a costly and arduous guardianship proceeding? 

New York State Senate and Assembly Proclaim Sock Out Cancer Day™


Members of the New York State Senate and Assembly show off their Sock Out Cancer™ socks after passing a resolution declaring June 6 Sock Out Cancer™ Day in New York State.

(Binghamton, NY • June 12, 2017) On June 6, while sporting brightly colored socks representing the many different forms of cancer, members of the New York State Senate and Assembly declared June 6 Sock Out Cancer Day™ in New York State. The proclamation builds upon National Cancer Survivors Day®, which is observed each year on the first Sunday in June.

“We are honored and thankful to the New York State Assembly and Senate for declaring June 6 Sock Out Cancer Day in New York State,” said Security Mutual Life Chairman, President and CEO Bruce W. Boyea. “In conjunction with National Cancer Survivors Day™, this is another opportunity for us to increase awareness of the various forms of cancer. We thank Senator Fred Akshar and Assemblywoman Donna Lupardo for making this day happen by advancing the concept at the state level.”

Akshar and Lupardo also issued a challenge to other state legislatures across the country to sponsor Sock Out Cancer™ initiatives in their home states.

Security Mutual Life Chairman, President and CEO Bruce W. Boyea seconded that challenge. “There are so many people needing assistance,” he said. “We would love to see the Sock Out Cancer™ programs initiated here in New York State become a model for communities across the United States as we all work to lend a hand to cancer victims and their families,” Boyea said.

Sock Out Cancer™ is a nonprofit program that helps support individuals with cancer who also need assistance paying for basic living expenses, such as rent or mortgage payments, food, and transportation to the hospital. Communities can launch a Sock Out Cancer program in their respective areas, and the program then works with each community’s existing charitable organizations to help support cancer patients and their families in their time of financial need.

Sock Out Cancer™ was founded earlier this year in Binghamton, New York, by Security Mutual Life Insurance Company of New York with support from many local individuals and businesses, including Chemung Canal Trust Company, Visions Federal Credit Union, WBNG, Hinman, Howard & Kattell, LLP, and Upstate Shredding, LLC.

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Binghamton Rumble Ponies and Former MLB Pitcher Al Downing Team Up to Sock Out Cancer™


Sporting brightly colored Sock Out Cancer™ socks, the Binghamton Rumble Ponies announcer introduces former MLB Pitcher Al Downing. Downing threw out the ceremonial first pitch at the June 7 game to help benefit Sock Out Cancer™.

(Binghamton, NY • June 12, 2017) On Wednesday, June 7, the Binghamton Rumble Ponies and former MLB Pitcher Al Downing teamed up to Sock Out Cancer™ at Binghamton’s NYSEG Stadium. The Rumble Ponies offered fans a special package of a ticket and a pair of colorful Sock Out Cancer™ socks for $17, and Rumble Ponies staff helped spread the Sock Out message by sporting Sock Out Cancer™ socks throughout the game. The rainbow-hued socks symbolize the fight against cancer in all its forms.

Al Downing, a retired 17-year MLB pitcher, also sported Sock Out Cancer™ socks as he threw out the ceremonial first pitch at Wednesday’s game and then autographed baseballs for fans. “It’s very important,” said Downing.  “Cancer doesn’t discriminate—it gets people of all backgrounds and all ages. And at some point in everyone’s life, we all know someone who has contracted cancer.”

Downing began his career with the Binghamton Triplets in 1961, going on just three months later to make his Major League debut and becoming the first African-American to pitch for the New York Yankees. Downing’s career highlights include his August 1967 feat of pitching the first-known “Immaculate Inning” (9 pitches, 9 strikes, 3 Outs) by a New York Yankee, followed in 1971 by a 20-win season and membership in The Black Aces, the elite group of just 14 African-American pitchers to date who have won 20 or more games in a single season.

If you missed the opportunity to purchase socks at Wednesday’s Binghamton Rumble Ponies game, you can purchase socks at the Wegmans Johnson City location, as well as online at www.sockoutcancer.org.

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Mayor David Declares “Security Mutual Week” and “Sock Out Cancer Day” in Binghamton


On behalf of the Company and its employees and field associates, Security Mutual Life Chairman, President & CEO Bruce W. Boyea thanks Binghamton Mayor Richard David for the honor of declaring the week Security Mutual Week in the City of Binghamton.

(Binghamton, NY • June 5, 2017) Today Binghamton Mayor Richard David raised Security Mutual’s flag over City Hall and declared the week of June 5 to be Security Mutual Week in the City of Binghamton. The declaration took place as the City and Security Mutual prepared to welcome more than 100 of the Company’s top life insurance agents to Binghamton for a three-day educational conference. The declaration also recognized the 130-year-old Binghamton-based life insurer for its many contributions to Greater Binghamton, including joining forces with the City to provide hanging flower baskets throughout downtown.

“We are tremendously excited to be welcoming our top agents to Binghamton for this educational opportunity,” said Security Mutual Life Chairman, President and CEO Bruce W. Boyea. “Because so many people are worried about not having enough resources for their retirement years, we feel it is vitally important to focus on the products, information and planning techniques that can help clients stabilize financial risk and optimize retirement income.”

In addition to its reputation as a strong and stable life insurance company, Security Mutual is well known for its commitment to Greater Binghamton. Earlier this year, the Company unveiled Sock Out Cancer, a new program to help provide financial assistance to families navigating the road to recovery from cancer. And on August 31, the Company will again host the annual Jim “Mudcat” Grant All-Star Golf Tournament. Now in its 16th year, the tournament benefits four local charitable organizations, as well as local veteran housing programs.

As part of Security Mutual Week and in support of Sock Out Cancer, the Mayor also declared Tuesday, June 6, to be Sock Out Cancer Day in Binghamton, and the Binghamton Rumble Ponies will be sporting Sock Out Cancer socks at their game against Richmond that evening. At that game, All-Star celebrity “Gentleman Al” Downing, who played for the Binghamton Triplets in 1961 prior to joining the New York Yankees, will be throwing out the first pitch! Sock Out Cancer socks will also be available for sale to the public during the game.

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