Jun 10, 2020 | Company News
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...
Jun 2, 2020 | Company News
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...
Mar 13, 2020 | Company News
The Stretch IRA and the SECURE Act (Binghamton, NY • March 13, 2020) The SECURE Act, signed into law on December 20, 2019, offers much to IRA and 401(k) investors: Required Minimum Distributions (“RMDs”) delayed until age 72; elimination of the age limit for...
Feb 20, 2020 | Company News
Security Mutual Life Announces Company’s 2019 Results (Binghamton, NY • February 21, 2020) Security Mutual Life recorded strong sales, earnings and capital growth in 2019, further enhancing the Company’s financial strength. Highlights of the past year include:...
Dec 23, 2019 | Company News
Celebrating the Holidays with a 25-Year Yuletide Tradition! (Binghamton, NY • December 23) Today employees of Security Mutual Life Insurance Company of New York took part in a very special holiday tradition: Christmas caroling in the Company’s lobby to the delight of...