Worksite Payroll Deduction Life Insurance

Secure Benefit SolutionsSM is available to support your worksite activities. We offer a voluntary program of payroll-deducted supplemental universal life or whole life insurance. Over 25 years of experience allows Security Mutual to provide current products and support services for this expanding market.

The potential to reach a broad cross section of the United States population through worksite products continues to offer long-term possibilities to insurers committed to this market segment. Security Mutual is one insurer that is committed–one that has recognized the long-term growth potential of this market–one that can respond efficiently and effectively to market changes and demands.

Our worksite marketing program gives employees and credit union members the opportunity to purchase permanent, fully portable life insurance coverage for themselves and their families through the convenient and affordable payroll deduction method. The life insurance purchased through this program serves to supplement any benefits provided by the employer. But more important, it allows employees to select the appropriate amount of coverage that suits their needs and pocketbooks.

With over 20 years of experience—we understand this marketplace.

For more information on our Worksite Products and Services, contact a Workplace Benefits Division Field Office nearest you.

ADVANTAGES—EMPLOYEE
Affordable
The employee/member chooses how much to pay.
Convenient
No checks to write, no stamps to buy, no envelopes to lick.
Portable
Coverage can be continued if employee changes jobs.
Flexible
Coverage can be tailored to meet changing insurance needs.
Family Coverage
Spouse, children and grandchildren can be covered.
Tax Deferred
Cash values grow tax deferred.
Simple
No medical exam needed to apply. Eligible employees/members can apply by simply answering the medical questions on the application form. Issuance of the policy or payment of benefits may depend upon the answers given in the application and truthfulness thereof.

In addition to being a valuable program for employees, payroll-deducted life insurance is attractive to employers, providing them with an opportunity to enhance their employee benefits package.

ADVANTAGES—EMPLOYER
Cost effective
No direct cost.
Complements Existing Benefits
Adds to Group Coverage.
Employee/Member Appreciation
Employees/members appreciate additional benefit.
Professional Administration
State-of-the-art systems for your employees/members.
Valuable Benefit
Specialty product for worksite distribution; promotes goodwill. Will not interfere with employer’s existing benefit program.

Listed below are some of the reasons why you should consider doing business with Security Mutual — a market leader:

  • Over 25 years in the Worksite business.
  • Licensed in all 50 states, District of Columbia and the U.S. Virgin Islands.
  • Bi-lingual marketing and sales material.
  • 48-hour case approvals.
  • Core benefit enrollment system.
  • Guaranteed Issue for select cases.*
  • Conditional Guaranteed Issue available.*
  • E-application solutions.
  • A competitive array of voluntary products to choose from.
  • Dedicated Worksite organization.
  • Available through Call Center and Internet.

*Eligible employees/members can apply by simply answering the medical questions on the application form. Issuance of the policy or payment of benefits may depend upon the answers given in the application and truthfulness thereof.