Product Portfolio

Security Mutual Life Introduces Paid-Up Additions Rider to Bank on Yourself® Authorized Advisors

A core-component of the company’s whole life product line

BINGHAMTON, N.Y., May 10, 2017 /PRNewswire/ — Security Mutual Life Insurance Company of New York is proud to once again be sending a team of home office executives to the SET – BOY conference.

Attending from Security Mutual will be: Donna Melfi, Senior Underwriter; George Kozol, JD, LLM, Senior Vice President – Marketing; and Martin Smith, Regional Vice President.

While there, Kozol and Smith will introduce the Bank on Yourself audience to Security Mutual’s novel paid-up additions rider, a feature that allows a whole life policyowner to add to his or her policy cash values at times that are convenient to the policyowner, without any additional underwriting. This novel rider is a core component of Security Mutual’s whole life insurance line, a product line that is engineered to allow financial advisors to create the type of whole life structure that the Bank on Yourself community favors.

The 2017 SET-BOY conference will be held at the Royal Park Hotel in Rochester, Michigan on May 31 – June 2.  This will be the fourth consecutive year that Security Mutual has sent a team to this important and informative event. To learn more about Bank on Yourself visit To learn more about Security Mutual’s whole life product line, visit




Interested insurance advisors should contact Security Mutual Life: (607) 206-6127 or, 347-443-2178
Insurance products are issued by Security Mutual Life Insurance Company of New York. Product availability and features may vary by state.
Bank on Yourself® is a registered trademark of Hayward-Yellen 100 Ltd Partnership. Security Mutual Life Insurance Company of New York is independent of and is not affiliated with, sponsored by, or endorsed by the Hayward-Yellen 100 Ltd Partnership.
About Security Mutual Life Insurance Company of New York: Now 130 years old, Security Mutual Life continues to fulfill the mission upon which it was founded in 1886: to provide sound, equitable and competitively priced insurance products to help protect people against the financial hazards resulting from death, disability, or retirement. As a mutual insurer, the company operates for the benefit and protection of its policyholders. The company has more than $2.72 billion in assets and $32.1 billion of life insurance in force. Security Mutual employs more than 325 employees at its home office in Binghamton, New York, and distributes its products through a network of more than 4,500 independent agents located throughout the United States. Security Mutual is licensed in all 50 states, as well as in the District of Columbia and the U.S. Virgin Islands.