City of Binghamton Honors Security Mutual Life Insurance Company of New York; Sock Out Cancer® Day Proclaimed In New York State and Broome County
Binghamton Mayor Jared M. Kraham, alongside other local leaders, proclaimed the week of June 5, 2023, Security Mutual Week, in the City of Binghamton. The proclamation recognizes Security Mutual Life’s continuing commitment to Greater Binghamton and the myriad of ways the Company helps the local community.
“At every step, and it seems like every month, Security Mutual is there acting on behalf of the community, stepping up for people in need. And whether it’s through the pandemic, or through economic downturns, there’s no hesitation by Security Mutual to continue to give back to the community, to celebrate the folks who work here, and as Mayor I cannot be more proud to call Binghamton the home of Security Mutual,” stated Binghamton Mayor, Jared Kraham.
In honor of Security Mutual Week, downtown Binghamton will be adorned with Security Mutual Life flags and hanging flower baskets, sponsored by Security Mutual Life, to help beautify the City.
“Security Mutual Week gives us a window of opportunity to highlight our involvement in the community and to make note that a single week is carved out to represent a full year of initiatives and activity. We are proud to serve this community and are looking to spread that service across the country, while always giving recognition to our home-base city of Binghamton, New York,” said Kirk Gravely, President & CEO of Security Mutual Life.
Additionally, local officials from New York State and Broome County, joined representatives from Sock Out Cancer® and Security Mutual Life in presenting resolutions proclaiming June 4, 2023, Sock Out Cancer Day across New York State. Sock Out Cancer Day coincides with National Cancer Survivors Day®. Sock Out Cancer also announced upcoming initiatives and events, across the community, to raise money to further benefit local cancer patients and their families.
“We are now in six states, and it is growing, but it all started right here, and this really is the spark plug of everything going on,” said Bruce Boyea, Security Mutual Life Chairman of the Board.
Founded in 2017, the mission of Sock Out Cancer is to assist financially distressed cancer patients and their families pay for non-medical necessities such as food, transportation, and housing, so that patients can focus their energy on fighting cancer. Since its inception, Sock Out Cancer has raised more than $1.3 million for participating hospital foundations and other charitable organizations.
Security Mutual Life and Sock Out Cancer are truly appreciative of the support and recognition received from local officials, and the community as a whole, and look forward to continuing to give back.
Founded in 1886, Security Mutual Life –– The Company That Cares® –– is one of the leading mutual life insurance companies in the United States. Security Mutual Life has been helping protect families and businesses during periods of prosperity, as well as during wars and times of economic uncertainty. The Company is recognized by leading life insurance analysts for its sound investment policies and performance. A.M. Best rates Security Mutual Life’s Financial Condition and Operating Performance Rating: A- (Excellent.) * Security Mutual Life is licensed in all 50 states, as well as the District of Columbia and the U.S. Virgin Islands.
* A.M. Best assigns their “A-” (Excellent) rating to companies, which have, on balance, excellent financial strength, operating performance, and market profile when compared to the standards they have established. A.M. Best feels these companies have an excellent ability to meet their ongoing obligations to policyholders. The “A-” rating is fourth highest on A.M. Best’s 16-step rating scale. A.M. Best rating is current as of the date of publication. Ratings reflect a rating agency’s opinion of a company’s financial strength and ability to meet its obligations to its policyholders. A rating is not a recommendation of a company or any specific policy form.
Sock Out Cancer is a nonprofit initiative that aids financially distressed families so they can put all of their energy into fighting cancer. It is funded through donations, community-based fundraising efforts and the sale of its signature multi-colored socks, all of which also help raise public awareness of the financial challenges facing families fighting cancer. To learn more about Sock Out Cancer, please visit SockOutCancer.org and the Sock Out Cancer Facebook page. Sock Out Cancer®, LLC, is wholly owned by the Security Mutual Life Foundation, which is a New York 501(c)(3) public charity.