Security Mutual Life Insurance Company of New York 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.
From $15,000 in assets its first year in existence, Security Mutual Life has grown to more than $2.7 billion in assets with $31.9 billion of life insurance in force. The Company’s strong performance represents the cumulative effect of many steps taken over time. We have also made substantial progress to effectively position the Company to prosper and grow throughout the new century.
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 departments 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 competitive financial protection against financial hazards resulting from premature death or disability.