Variable annuities issued by First Security Benefit Life Insurance and Annuity Company of New York (FSBL) are distributed by Security Distributors, an affiliate of FSBL.
Business Continuity Plan Disclosure Statement
The Financial Industry Regulatory Authority (“FINRA”) has adopted rules requiring firms to implement plans for the continuation of business in the event of a significant disruption. “Significant disruption” refers to local or regional events such as natural disasters, fires, power outages, acts of malice, and technical or infrastructure disruptions.
In accordance with the rules, Security Distributors has developed and implemented a business continuity plan. Among other steps, we have created a network of secondary business sites as backups to our normal business location and have arranged backup communications capabilities for connectivity both internally and to our account holders.
Our purpose is to ensure that we are able to continue our business activities and continue serving our account holders with the least possible impact in the event of any of the disruptive events described above or other unforeseen circumstances.
If you have questions about Security Distributor’s business continuity planning, please contact us at 800.888.2461.