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Key Data:
Address: 485 Madison Ave., 6th Fl., New York, NY 10022
Phone: 212-355-4141
A.M. Best Company Rating: A- (Excellent)
Size: $279 million total annual premiums
Parent Company is Independence Holding Company  (NYSE: IHC).
low cost health insuranceStandard Security Life Insurance

Standard Security Life Insurance Company of New York

Standard Security Life is licensed in all 50 states and the District of Columbia to provide various lines of life, health, and disability insurance including employer medical stop-loss, small group major medical insurance, disability benefit law (in New York state), short-term medical insurance, HMO Reinsurance and Provider Excess Loss coverage and group term life products.

In the health insurance field, this company is best known as the underwriter for the series of four popular "Secure" short term medical insurance products available throughout most of the United States: "Secure STM", "Secure Lite", and "Secure Saver".

"Secure Dental One" is among the most popular individual dental insurance plans.

Comments and Reviews

A sample policy certificate for Secure STM is available for review.


News

11/22/2011 A.M. Best Company reaffirmed the financial security rating of A- (Excellent) and the outlook to "Stable" for IHC Holdings Inc. and each of its insurance comanies including Standard Security Life Insurance Company of New York.

11/23/2010 A.M. Best Company reaffirmed the financial security rating of A- and upgraded the outlook to "Stable" for IHC Holdings Inc. and each of its insurance comanies including Standard Security Life Insurance Company of New York.

10/28/2010 Jeff Smedsrud, senior vice president and chief strategy officer for Independence Holding Company, has been a leading voice in national health reform. Today he gave an eloquent and persuasive interview to A.M. Best on the benefits to consumers on allowing smaller insurance companies like Standard Security Life to complete against larger companies and the value of scheduled benefit or mini-med plans (like Standard Security Life's  Secure STM) as an alternative to expense incurred (major medical) plans. The interview can be heard online in its entirety.


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