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Why Security Mutual

Security Mutual Life Insurance Company of New York⁠—The Company That Cares®⁠—was founded in 1886 by a group of business leaders who set out to provide customers with sound and affordable life insurance coverage. Security Mutual Life sold its first policy on January 3, 1887.

Over the years, Security Mutual Life has weathered depressions, wars and recessions to emerge as one of the leading life insurance companies in the United States. Currently, the Company markets its products in all 50 states, the District of Columbia and the U.S. Virgin Islands.

Security Mutual is a strong and stable financial institution and is now in its 136th year of honoring the commitments made to its policyholders. A New York-domiciled company, Security Mutual Life operates under the regulation of the New York State Department of Financial Services, among the strongest and most respected insurance regulators in the country.

Today, Security Mutual Life’s mission is based on the same values upon which the Company was founded—to provide sound, equitable and competitively priced life insurance products to help protect people from the financial challenges resulting from death, disability and retirement.

Message From The President and CEO

Kirk R. Gravely, ASA, MAAA®
President and Chief Executive Officer

Thank you for visiting the website of Security Mutual Life Insurance Company of New York The Company That Cares®. For those who might be learning about our Company for the first time, we have a rich history that dates back to the day our company was founded—November 6, 1886. We continue our unwavering commitment to our policyholders and our insurance advisors, and we continue to focus on meeting today’s and tomorrow’s insurance and financial needs by providing you with innovative solutions, products, services and a great customer experience.

As you navigate through Security Mutual Life’s website, we hope that you find it informative, interesting and educational. Please revisit our site frequently and contact us with any feedback on how we can improve this site for you.

Mission Statement

Vision

Security Mutual is and shall continue to be a respected provider of insurance products and services that help our customers guard against the financial impacts of death and disability, and that help them prepare for and manage their financial needs in retirement. We shall at all times endeavor to do the right thing for our policyholders.


 

Mission

Security Mutual’s corporate mission is to provide sound and equitable protection for financial needs resulting from death, disability or retirement. This mission is carried out through manufacturing and distributing life insurance, disability insurance and annuity products for individuals and groups and treating with dignity and respect all who put their trust in us.

As a mutual life insurance company, Security Mutual is managed for the benefit of its policyholders.

The Company That Cares®: Our Commitment to Diversity, Equity and Inclusion

As a mutual life insurance company, Security Mutual Life Insurance Company of New York (the “Company”) is maintained and operated for the benefit of its policyholders, each of whom has a unique background and unique goals and aspirations. The Company has been delivering on its promises since 1886, and the Company believes that an inclusive environment with diversity of thought, background, culture and experience enables the Company to best fulfill the mission upon which it was founded: Helping protect its policyholders against life’s uncertainties.

As The Company That Cares®, Security Mutual is built upon a corporate culture of caring and respect. The Company believes it performs best when it promotes and encourages an atmosphere in which all team members—and the unique talents and perspectives they bring to the Company—are respected, valued and supported. The Company strives to provide opportunities for growth and development that inspire individuals to realize their full potential. The Company supports active participation in Company, industry and community activities that promote diversity, equity, inclusion and help improve the lives of others.

Security Mutual Life: Alight with Purpose

If you’ve ever seen nighttime photos of the Security Mutual Building or if you’ve ever been in or around the City of Binghamton at night, you may have noticed the beautiful colored lights atop of the company’s landmark home office building. What you may not realize, though, is that Security Mutual regularly changes the colors of those lights, and those colors have a meaning.

Sometimes the colors are celebratory, like the red and green you will see in December for the holiday season, the green you will see for St. Patrick’s Day, and the red, white and blue you will see for the Fourth of July.

But throughout most of the year, the colors have a more serious function: bringing light to important causes that affect our community, our policyholders and our nation. Each February, the lights shine red to help promote awareness of American Heart Month. In June, the lights are purple for National Alzheimer’s Awareness Month, and in October, they’re pink for National Breast Cancer Awareness Month.

The building is often alight with an array of colors—from red, yellow and green, to blue and purple. These multi-colored lights signify the more than 25 different colors representing the forms of cancer affecting the lives of so many people. By displaying these colors, Security Mutual is working not only to raise awareness, but also to help cancer patients and their families through a new nonprofit initiative: Sock Out Cancer®.

Recognizing the enormous emotional and financial strain and other challenges cancer brings to afflicted patients and their families, Sock Out Cancer, LLC, is a nonprofit initiative whose mission is to assist financially distressed cancer patients and their families pay for non-medical necessities such as food, transportation and housing so patients can focus their energy on fighting cancer.

Because the Sock Out Cancer message is such an important one to so many people, these signature lights will continue to shine at various times throughout the year. And of course, we will also be bringing light to many other important causes as well.

Kirk-Gravely-President-CEO-Security-Mutual-Life

Message From The President and CEO

Kirk R. Gravely, ASA, MAAA®
President and Chief Executive Officer

Thank you for visiting the website of Security Mutual Life Insurance Company of New York The Company That Cares®. For those who might be learning about our Company for the first time, we have a rich history that dates back to the day our company was founded—November 6, 1886. We continue our unwavering commitment to our policyholders and our insurance advisors, and we continue to focus on meeting today’s and tomorrow’s insurance and financial needs by providing you with innovative solutions, products, services and a great customer experience.

As you navigate through Security Mutual Life’s website, we hope that you find it informative, interesting and educational. Please revisit our site frequently and contact us with any feedback on how we can improve this site for you.

Kirk-Gravely-President-CEO-Security-Mutual-Life

Mission Statement

Vision

Security Mutual is and shall continue to be a respected provider of insurance products and services that help our customers guard against the financial impacts of death and disability, and that help them prepare for and manage their financial needs in retirement. We shall at all times endeavor to do the right thing for our policyholders.


 

Mission

Security Mutual’s corporate mission is to provide sound and equitable protection for financial needs resulting from death, disability or retirement. This mission is carried out through manufacturing and distributing life insurance, disability insurance and annuity products for individuals and groups and treating with dignity and respect all who put their trust in us.

As a mutual life insurance company, Security Mutual is managed for the benefit of its policyholders.

Kirk-Gravely-President-CEO-Security-Mutual-Life

The Company That Cares®: Our Commitment to Diversity, Equity and Inclusion

As a mutual life insurance company, Security Mutual Life Insurance Company of New York (the “Company”) is maintained and operated for the benefit of its policyholders, each of whom has a unique background and unique goals and aspirations. The Company has been delivering on its promises since 1886, and the Company believes that an inclusive environment with diversity of thought, background, culture and experience enables the Company to best fulfill the mission upon which it was founded: Helping protect its policyholders against life’s uncertainties.

As The Company That Cares®, Security Mutual is built upon a corporate culture of caring and respect. The Company believes it performs best when it promotes and encourages an atmosphere in which all team members—and the unique talents and perspectives they bring to the Company—are respected, valued and supported. The Company strives to provide opportunities for growth and development that inspire individuals to realize their full potential. The Company supports active participation in Company, industry and community activities that promote diversity, equity, inclusion and help improve the lives of others.

Sock Out building lights

Security Mutual Life: Alight with Purpose

If you’ve ever seen nighttime photos of the Security Mutual Building or if you’ve ever been in or around the City of Binghamton at night, you may have noticed the beautiful colored lights atop of the company’s landmark home office building. What you may not realize, though, is that Security Mutual regularly changes the colors of those lights, and those colors have a meaning.

Sometimes the colors are celebratory, like the red and green you will see in December for the holiday season, the green you will see for St. Patrick’s Day, and the red, white and blue you will see for the Fourth of July.

But throughout most of the year, the colors have a more serious function: bringing light to important causes that affect our community, our policyholders and our nation. Each February, the lights shine red to help promote awareness of American Heart Month. In June, the lights are purple for National Alzheimer’s Awareness Month, and in October, they’re pink for National Breast Cancer Awareness Month.

The building is often alight with an array of colors—from red, yellow and green, to blue and purple. These multi-colored lights signify the more than 25 different colors representing the forms of cancer affecting the lives of so many people. By displaying these colors, Security Mutual is working not only to raise awareness, but also to help cancer patients and their families through a new nonprofit initiative: Sock Out Cancer®.

Recognizing the enormous emotional and financial strain and other challenges cancer brings to afflicted patients and their families, Sock Out Cancer, LLC, is a nonprofit initiative whose mission is to assist financially distressed cancer patients and their families pay for non-medical necessities such as food, transportation and housing so patients can focus their energy on fighting cancer.

Because the Sock Out Cancer message is such an important one to so many people, these signature lights will continue to shine at various times throughout the year. And of course, we will also be bringing light to many other important causes as well.

Sock Out Cancer logo

Sock Out Cancer®, LLC, is wholly owned by the Security Mutual Life Foundation, which is a New York 501(c)(3) public charity. Deductible charitable donations may be made directly to Sock Out Cancer, LLC, or to the Security Mutual Life Foundation.

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