A Message from Our CEO

As a business that has aided in helping Americans reach their financial and retirement goals for more than a century, Security Benefit’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)
  • Allowed employees to work from home—we are well-prepared and have the technology in place to serve our clients with minimal disruption
  • Suspended international travel and limited domestic travel for our Associates
  • Restricted workplace visitors


Provided health and safety guidance, in accordance with CDC and World Health Organization (WHO) recommendations, to our Associates and their families


Backed by our strong market position in the retirement space – with $41.1 billion in assets under management (as of 12/31/2019), a record level of capital, 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 continue to offer a broad set of products that provide you with tax-deferred growth potential, protection against market risk, and a variety of index crediting strategies designed to weather many market conditions.


Security Benefit is a 128-year-old story—we were here back in 1892, providing assistance to people in need, and we’ve built a legacy over the ensuing decades. Along the way, we have weathered many challenges, including financial market disruptions, weather-related disasters, geopolitical pressures and crises, and now the Coronavirus pandemic. We have stood the test of time and we will continue to do so.


We believe that we not only offer you highly competitive retirement products and services, but that they are more valuable than ever in these volatile market environments. 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 SBL 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 SBL, please refer to the ratings assessment.

Security Benefit Life Insurance Company is not a fiduciary and the information provided is not intended to be investment advice. This information is general in nature and intended for use with the general public. For additional information, including any specific advice or recommendations, please visit with your financial professional.

The Responders First® program is provided through the Security Benefit Foundations Annuity, form 5800 (11-10) and ICC10 5800 (11-10), a flexible Purchase Payment deferred fixed index annuity issued by Security Benefit Life Insurance Company (Security Benefit). Product features, limitations, and availability may vary by state.

Product is not available in Idaho or New York.

“S&P 500® Low Volatility Daily Risk Control 5% Index,” and the “S&P 500® Factor Rotator Daily RC2 7% Index” are products of S&P Dow Jones Indices LLC, a division of S&P Global, or its affiliates (SPDJI) and Standard & Poor’s Financial Services LLC, and have been licensed for use by Security Benefit Life Insurance Company (SBL). Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC, a division of S&P Global (S&P); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (Dow Jones); third party licensor trademarks are trademarks of Standard & Poor’s Financial Services LLC and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by SBL. SBL’s Foundations Annuity is not sponsored, endorsed, sold, or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, or Standard & Poor’s Financial Services LLC, and none of such parties make any representation regarding the advisability of investing in such product nor do they have any liability for any errors, omissions, or interruptions of the S&P 500® Index, S&P 500® Low Volatility Daily Risk Control 5% Index, or the S&P 500® Factor Rotator Daily RC2 7% Index.

Guarantees provided by annuities are subject to the financial strength of the issuing insurance company. Annuities are not FDIC or NCUA/NCUSIF insured; are not obligations or deposits of and are not guaranteed or underwritten by any bank, savings and loan, or credit union or its affiliates; and are unrelated to and not a condition of the provision or term of any banking service or activity.

Fixed index annuities are not stock market investments and do not directly participate in any equity, bond, other security, or commodities investments. Indices do not include dividends paid on the underlying stocks and therefore do not reflect the total return of the underlying stocks. Neither an index nor any fixed index annuity is comparable to a direct investment in the equity, bond, other security, or commodities markets.