Security Mutual began offering group products in 1944. Since then, we have been a leader in providing insurance protection for the foundation of America’s economy, its workers. Through innovative product design and marketing strategies, Secure Benefit SolutionsSM helps meet the needs of its policyholders.
Secure Benefit SolutionsSM offers a full line of high-quality products at competitive rates. The following is a brief review of these products. . . maybe the one you’ve been looking for!
For additional information, contact your nearest Workplace Benefits Division Field Office.
Group Term Life and Accidental Death and Dismemberment
Valuable group life insurance coverage for groups of ten or more employees. Competitive guaranteed issue limits; up to $500,000 based on group size. Dependent life for spouse and children is available.
Group Voluntary Term Life
Voluntary coverage for employees, spouses, and dependent children. A level of guaranteed issue coverage is available for employees. Employee AD&D coverage is available. Life coverage is portable in most states.
Group Short-Term Disability
Protects a selected percentage of the employee’s basic wages for an established period of time in the event the employee is unable to work due to illness or injury. Benefits available according to group size.
Group Long-Term Disability
Provides employees with financial assistance when income loss results from a serious and prolonged disability. Choice of benefit percentage up to a maximum of $10,000 monthly. Choice of several elimination periods available. Benefits include partial disability and survivor benefit. Many available options to meet the needs of most employees.
Group Voluntary Short & Long Term Disability
Employer sponsored and employee paid plans provide 50 percent or 60 percent replacement of income due to illness or injury up to liberal weekly and monthly maximums.
Group Accident Security
Designed to help protect families from the high cost of an accidental injury. Cash benefits are paid for these and other expenses.
- Air and ground ambulance
- Emergency room treatment
- Hospital admission
- Major diagnostic exam
- Physical therapy
Flexible plan options are available. Coverage can be offered on a fully employer-paid basis for employees, spouse and children, or the employer can share the cost through partial or full contributions from employees for employee, spouse or dependent coverage.
New York State Disability Benefits Law (DBL)
Provides cash payments to employees for replacement of lost wages due to illness or injury occurring off the job. Security Mutual’s DBL plan provides risk-bearing protection to the employers and financial responsibility to the employees in the event an off-the-job disability results in lost wages.
New Jersey State Temporary Disability Benefits (TDB)
TDB provides cash payments to employees for replacement of lost wages due to illness or injury occurring off the job.
New Jersey Restaurant and Hospitality Groups
Click here to find out how you could be saving on your Temporary Disability Plan, and to find out about additional product offerings
Group Life and AD&D for Voluntary Emergency Service Organizations Life Benefits (VESO Trust)
Underwritten by Security Mutual and administered by Granite Capital Holdings, Inc., VESO is group life coverage for active members of volunteer fire and volunteer emergency squads and their dependents. Click here for additional information regarding the VESO program.
Some of the above products are not available in all states. Each policy contract form has certain exclusions, limitations and terms for keeping the coverage in force. This material is intended to provide only an overview of the plan; it is not a contract. If there is a conflict between the summary information and the contract, the language of the contract will control.