General Company News
Holiday Giving Program Helps Local Children
Security Mutual employees once again teamed up to spread holiday cheer to Greater Binghamton children in need by supporting The Salvation Army’s Angel Tree Giving Program. This charitable giving tradition helps provide toys, hats, gloves, blankets and more to local...
Security Mutual Announces 2021 Policy Dividend Scale
The year 2020 will long be remembered for its extraordinary challenges: the COVID-19 pandemic and the economic pressures faced by Americans and people throughout the world. But in addition to being a year of challenges, it has also been a year of service to our...
19th Annual Tournament Overcomes Hurdles to Score for Local Charities
(Binghamton, NY • September 4, 2020) Before even teeing off, the 19th Annual Jim “Mudcat” Grant All-Star Golf Tournament scored a win for the Broome County Urban League, the Boys and Girls Clubs of Binghamton, the food pantries of CHOW and Catholic Charities of Broome...
Are You Financially Fit?
(Binghamton, NY • August 28, 2020) Life Happens®, a nonprofit organization, has announced that actress, model and mom Brooke Shields has returned as their spokesperson for Life Insurance Awareness Month®. “Brooke has partnered with Life Happens to continue to...
Required Minimum Distributions for 2020 Revisited
Prior to the COVID-19 pandemic, the biggest news was the enactment of the SECURE (“Setting Every Community Up for Retirement Enhancement”) Act on December 20, 2019, which deeply impacted retirement plans and IRA accounts. There were several key features in this law,...
City of Binghamton Proclaims “Security Mutual Week” in Recognition of Company’s Contributions
We as a country and as unique communities are only just beginning to recover from the personal and economic losses resulting from the COVID-19 pandemic. As we work through these difficult times together, we continue to be inspired by the individuals and organizations...
Coronavirus Stimulus Package – Modifications to the Paycheck Protection Program
On June 5, 2020, President Trump signed into law the Paycheck Protection Program Flexibility Act of 2020 (the “Act”) which modified several of the provisions originally enacted in the Coronavirus Aid, Relief and Economic Security (“CARES”) Act. The CARES Act...
Security Mutual Life’s Terminal Illness Rider
Did you know that SML's Terminal Illness Rider is applicable to every new policy, regardless of the product or the insured's age? Maximum amount is $500,000 (Policies sold in the states of California and Florida offer a maximum benefit of $250,000 per...
Coronavirus Stimulus Package – Paycheck Protection Program Loan Forgiveness
The Paycheck Protection Program (“PPP”) started on April 3, 2020, and received a second round of funding on April 24 from the federal government (see our previous postings). Since that time, there has been a legislative and public outcry that many large companies,...
Joining the World in Giving Tuesday Now
Please consider joining Security Mutual in supporting Sock Out Cancer® on May 5 for Giving Tuesday Now. Together we can make a difference!
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