A Message From Our CEO

Coronavirus Resources and Warnings about Consumer Scams

As a business that aids in helping Americans reach their financial and retirement goals, Security Benefit Corporation’s top priority is to protect the health and safety of our Associates. Our people are here to address your specific concerns and questions so that you can continue to move forward and reach your long-term financial goals.

As part of our response to the worldwide COVID-19 outbreak, we are dedicating additional resources and strategies to ensure the needs of both our Associates and clients are met. As part of our plan, we’ve taken the following measures:

Our business continuity teams, along with senior management, are constantly monitoring the situation and meet daily
Elevated our facilities’ cleaning procedures to keep in step with the official updates from the United States Centers for Disease Control and Prevention (CDC)
Required employees to work from home—we are well-prepared and have the technology in place to serve our clients with minimal disruption
Our main administrative office, in Topeka, KS, continues to operate
Suspended international travel and limited domestic travel for our Associates
Restricted workplace visitors to the administrative offices
Provided health and safety guidance, in accordance with CDC and World Health Organization (WHO) recommendations, to our Associates and their families
We are currently reviewing hardship requests based on individual circumstances.
We will continue to monitor regulators like the Department of Financial Services (DFS), the Financial Industry Regulatory Authority (FINRA) and the U.S. Securities and Exchange Commission (SEC) for updates that may provide additional options to assist those who have been impacted by recent events related to the coronavirus.

Backed by our strong market position in the retirement space and three “A” range financial ratings – we are well-positioned to handle this crisis, and other challenges, and remain committed to our financial stability.

We thank you for your continued support, and we are right here beside you to help you chart your path forward To and Through Retirement®.

Very truly,

Michael P. Kiley
Chief Executive Officer

The ratings reflect the financial strength of the insurer and should not be considered to have any bearing on the investment performance of assets held in any First Security Benefit Life Insurance and Annuity Company of New York (FSBL) separate account. Rating agencies take many factors into account when assigning a financial strength or claims-paying rating to an insurer. For a more complete understanding of the reasons for the ratings assigned to FSBL, please refer to the ratings assessment.

All ratings pertain to FSBL. Ratings are assigned on a group basis to both Security Benefit Life Insurance Company and First Security Benefit Life Insurance and Annuity Company of New York by independent, third-party rating agencies and bear no relation to the investment performance of assets held in any of First Security Benefit Life Insurance and Annuity Company of New York’s separate accounts.