Security Life Insurance Company of America

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Security Life Insurance Company of America was a U.S.-based insurer specializing in dental and vision insurance plans, which has since been merged into Ameritas Life Insurance Corp. while many legacy policies and billing references continue under the Security Life name.

Minnetonka, Minnesota, USA
securitylife.com
Owned by Ameritas Life Insurance Corp.

About Security Life Insurance Company of America

Security Life Insurance Company of America was an insurance carrier focused primarily on dental and vision insurance products for individuals, employers, and association groups across the United States. The company, founded in 1956, was headquartered in Minnetonka, Minnesota and marketed products such as stand‑alone dental and vision plans and private‑label programs. In 2016, Security Life was merged into Ameritas Life Insurance Corp., and its business and customers are now generally served through the Ameritas brand, though the Security Life name is still referenced in regulatory filings and legacy plan materials.

A descriptor like “PREM PYMTS SEC LIFE INTL507 10.28-” on your card or bank statement most likely indicates a premium payment to Security Life Insurance Company of America (or its successor, Ameritas) for a dental or vision insurance policy. These charges are typically recurring monthly or periodic premium drafts set up via credit/debit card or ACH authorization forms that explicitly authorize “Security Life” to debit your account for insurance premiums. You might see variations tied to plan identifiers, billing cycles, or processing batches, but the key term “SEC LIFE” in combination with “PREM PYMTS” (premium payments) is characteristic of insurance premium collection rather than a one‑time retail purchase.

If you are unsure about a charge, start by checking any dental or vision insurance documentation you have (ID cards, benefit booklets, or enrollment confirmations) for references to Security Life or Ameritas. Log into your insurer’s member portal, if available, and review your premium billing history for a matching amount and date. For older Security Life‑branded plans, customer service is now typically handled by Ameritas; their support team can verify whether the charge corresponds to an active or recently terminated policy, explain any proration or back‑billing, and help update or cancel billing authorizations. If you still cannot match the transaction to a known policy, contact your bank or card issuer to dispute the charge and request a temporary block on further payments while the origin is investigated.

Bank Statement Variations

1 known variations

These are the raw merchant codes that appear on bank and credit card statements that we've identified as belonging to Security Life Insurance Company of America.

  1. PREM PYMTS SEC LIFE INTL507 10.28-

Frequently Asked Questions

Why does my statement show a charge labeled “PREM PYMTS SEC LIFE” or similar?

This descriptor indicates a premium payment to Security Life Insurance Company of America (now part of Ameritas) for an insurance policy, most commonly individual or group dental and/or vision coverage. The wording “PREM PYMTS” stands for premium payments and “SEC LIFE” is shorthand for Security Life, the carrier that originally issued or administered the policy.

I thought my Security Life policy was now with Ameritas—why is the old name still appearing on my card or bank account?

Security Life Insurance Company of America was merged into Ameritas Life Insurance Corp., but many legacy billing systems, enrollment forms, and merchant IDs still reference “Security Life” or “SEC LIFE” as the billing name. Even though servicing has transitioned to Ameritas, the underlying merchant descriptor may not have been updated, so the charge can still show up under the older Security Life label.

What types of amounts are typical for Security Life premium charges?

Security Life dental and vision premiums often appear as fixed, recurring monthly amounts—frequently in the range of tens of dollars for individual coverage and higher amounts for family or employer‑sponsored plans. The exact amount depends on your specific plan design, coverage level, and any riders, so comparing the transaction to your policy schedule or recent billing statement is the best way to confirm it.

How can I cancel or change the recurring Security Life (Sec Life) premium charges?

To stop or change recurring Security Life premium debits, contact the current administrator—Ameritas—using the customer service number on your dental or vision ID card or policy documents. Ask them to cancel or modify the payment authorization on file. They may require written confirmation or an online request through your member portal, after which future scheduled drafts will be stopped or adjusted as of your next billing cycle.

How do I request a refund for a Security Life premium I believe was charged in error?

First, contact Ameritas/legacy Security Life customer service with your policy number, the date and amount of the charge, and your payment method. They can verify whether the payment was valid, applied to your coverage, or taken after cancellation. If it is determined to be erroneous—for example, billed after your requested termination date—they can typically issue a premium refund or credit. If you cannot resolve it directly, you may also open a dispute with your bank or card issuer.

Can Security Life place temporary or small test charges on my account?

In most cases the charges you see from Security Life or its successors are for actual premium amounts rather than small $0–$1 authorizations. However, if you recently updated a card or set up a new recurring payment, the processor might run a small temporary verification hold. These holds should disappear automatically and will not post as finalized premiums; only the full premium amount should remain as a settled transaction.

How can I verify that this SEC LIFE charge is tied to my dental or vision policy and not fraud?

Compare the billed amount and date to your premium schedule or recent invoices, and log into your insurer’s member portal (Ameritas or any co‑branded site) to review your payment history. If the details do not match, call the number on your insurance ID card and ask a representative to look up payments under your name and last four digits of your card or account. If they cannot locate the transaction, immediately contact your bank or card issuer to report potential fraud and block future charges.

Who should I contact if I no longer have my Security Life or Ameritas insurance documents but see this charge?

If you lack policy paperwork, first contact your bank or card issuer to retrieve any merchant contact information embedded in the transaction. Then, reach out to Ameritas (the successor to Security Life) via the main customer service line listed on ameritas.com and explain that you are seeing a “PREM PYMTS SEC LIFE” charge. Providing your name, address, and the last four digits of the card or account will help them determine whether there is a legacy Security Life policy associated with you.

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