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Standard Security Life Insurance Company of New York
United States
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Security Information
What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know Standard Security Life Insurance Company of New York
Company Information
Get to know Standard Security Life Insurance Company of New York
Standard Security Life Inusrance provides all kind of insurance. Standard Security Life has provided disability insurance for close to 60 years, covering nearly 60,000 employers and insuring over 750,000 lives. With the lowest per capita DBL rates in the industry and a management team averaging 20+ years of experience, we have you covered.
Industry
- Financial InsurancePRIMARY
- Financial Other Service
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