Estate planning at Security Plan Life
How to protect 4 Security Plan Life accounts — manage beneficiaries by phone, fund a trust by mail, and file death claims
Policy Administration
Security Plan Life Insurance Company, 205 Railroad Avenue, Donaldsonville, LA 70346
Policy Administration
Security Plan Life Insurance Company, 205 Railroad Avenue, Donaldsonville, LA 70346
Claims Department
Security Plan Life Insurance Company, 205 Railroad Avenue, Donaldsonville, LA 70346
Security Plan Life is a insurance company with 4 products relevant to estate planning. Life insurance and annuity proceeds transfer directly to named beneficiaries outside of probate, making beneficiary designations one of the most important estate planning steps for Security Plan Life policyholders.
Beneficiary management at Security Plan Life is handled through by mail and by phone.
There are two sides to estate planning at Security Plan Life: setting things up while you're alive, and the process survivors follow after a death.
Preparing your estate
Beneficiaries and trust funding
How to update beneficiaries by phone, fund a trust by mail, and review 4 account types at Security Plan Life.
View details →When someone dies
Death claim process
6-step process, 6 required documents, and contact information for survivors.
View details →Because Security Plan Life serves a limited number of states, procedures for trust funding and beneficiary changes may differ depending on your location. Verify availability before starting.
Frequently asked questions
Security Plan Life Insurance Company operates in Louisiana, Mississippi, and Arkansas. The company uses a home service marketing distribution system where independent agents work route systems to sell policies, collect premiums, and service policyholders. Policies are also sold through over 175 funeral home partners across these three states.
Security Plan Life offers whole life insurance (including the Security Plan Plus product), pre-need life insurance for pre-funding funeral and burial expenses, and critical illness insurance. The company focuses on final expense coverage for middle- and lower-income households. Whole life and pre-need policies are designed to fund funeral and burial costs with simplified underwriting and modest monthly premiums.
Contact your Security Plan agent or call the home office at (225) 473-8654 to request a beneficiary change form. Complete the form with the new beneficiary's full legal name, date of birth, Social Security number, and relationship to you. Sign and return the form to your agent or mail it to 205 Railroad Avenue, Donaldsonville, LA 70346. Louisiana is a community property state, so spousal consent may be required for beneficiary changes.
Security Plan Life Insurance Company is a subsidiary of Citizens, Inc. (NYSE: CIA), a publicly traded insurance holding company headquartered in Austin, Texas. Citizens, Inc. has been delivering life insurance solutions since 1969. Security Plan Life was incorporated in Louisiana in 1995 and operates within the Home Service Insurance segment of Citizens, Inc. Financial information about the parent company is available through Citizens, Inc.'s SEC filings and annual reports.
Sources
- citizensinc.com
- bbb.org
- customerportal.citizensinc.com
- mysecurityplan.com
- prnewswire.com
- sec.gov
- securityplanagent.citizensinc.com
Data sourced from Security Plan Life primary sources (8 pages reviewed). How we research.
Policy Administration
Security Plan Life Insurance Company, 205 Railroad Avenue, Donaldsonville, LA 70346
Policy Administration
Security Plan Life Insurance Company, 205 Railroad Avenue, Donaldsonville, LA 70346
Claims Department
Security Plan Life Insurance Company, 205 Railroad Avenue, Donaldsonville, LA 70346
Estate planning articles
Learn how to protect your Security Plan Life accounts and other assets with trusts, beneficiary designations, and estate planning documents.
