CMFG Life Insurance Company, formerly known as CUNA Mutual Insurance Company, offers a range of insurance products, including life insurance, accidental death and dismemberment, health, auto, and home insurance. The company has an A rating from A.M. Best, indicating strong financial stability and the ability to pay claims. TruStage, a subsidiary of CMFG and CUNA Mutual, provides life insurance, property and casualty insurance, and auto insurance policies. While CMFG and TruStage offer a convenient online application process, their rates can be confusing and less competitive compared to other carriers.
Characteristics | Values |
---|---|
Company Name | CMFG Life Insurance Company |
Other Names | CUNA Mutual Group; Credit Union Member Service; CUNA Mutual Holding Company; CUNA Mutual Insurance Society Inc.; TruStage |
Address | 2000 Heritage Way Waverly, IA 50677 |
Website | www.cunamutual.com |
Ratings | A.M. Best (A), Standard & Poor’s (N/A), Fitch (N/A) Comdex (N/A); Better Business Bureau (A+) |
Auto and Home Insurance Offered? | Yes, through TruStage Insurance Program |
What You'll Learn
- CMFG Life Insurance Company offers auto and home insurance through TruStage
- TruStage is a subsidiary of CUNA Mutual and CMFG Life Insurance Co
- CUNA Mutual Group has been in the insurance business since 1935
- CMFG Life Insurance Company has an A rating from A.M. Best
- TruStage offers whole, term, and guaranteed issue insurance
CMFG Life Insurance Company offers auto and home insurance through TruStage
CMFG Life Insurance Company, formerly known as CUNA Mutual Insurance Company, offers auto and home insurance through TruStage. TruStage is a subsidiary of CMFG Life Insurance Company and CUNA Mutual Group. It offers a range of insurance products, including life insurance, accidental death and dismemberment, health, auto, and home insurance.
CMFG Life Insurance Company has been in business for over 80 years and specialises in providing life insurance products to credit unions and their members. The company has an "A" rating from A.M. Best, indicating its strong financial position and ability to pay claims.
TruStage offers a convenient online application process for its insurance products. Their auto insurance policies do not require a medical exam, and coverage amounts range from $10,000 to $300,000. TruStage also provides whole life insurance, which offers permanent coverage with level premiums.
In addition to insurance, TruStage also offers investment and technology solutions to help individuals make confident financial decisions. Their products are designed to be flexible, easy to understand, and tailored to meet diverse needs.
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TruStage is a subsidiary of CUNA Mutual and CMFG Life Insurance Co
TruStage Financial Group, formerly known as CUNA Mutual Group, is a mutual insurance company that provides financial services to cooperatives, credit unions, their members, and other customers worldwide. TruStage is the marketing name for CMFG Life Insurance Company, its subsidiaries, and affiliates. TruStage Financial Group was founded in 1935 as the CUNA Mutual Insurance Society, with the purpose of offering financial protection to Americans during the credit union movement.
CMFG Life Insurance Company, also known as CUNA Mutual, sells life insurance products with a focus on credit unions and their members. CUNA Mutual issues term and whole life coverage through CMFG and helps credit unions provide their members with financial solutions. CUNA Mutual Insurance is now known as CMFG after the company reorganized.
The CUNA Mutual Group offers TruStage insurance products, which include life insurance, accidental death and dismemberment insurance, health insurance, as well as auto and home insurance. TruStage Financial Group sells commercial and consumer insurance and protection products. They provide retirement plan services to small businesses and credit union employees. The company is based in Madison, Wisconsin, and also has offices in Waverly, Iowa; Great Bend, Kansas; and Fort Worth, Texas.
CMFG Life Insurance Company and CUNA Mutual have an A rating by A.M. Best, indicating strong financial strength and the ability to pay current and future claims.
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CUNA Mutual Group has been in the insurance business since 1935
CMFG Life Insurance Company, also known as CUNA Mutual, has been in the insurance business since 1935. CUNA stands for Credit Union National Association, and the company focuses on providing insurance products to credit unions and their members. CMFG offers a range of insurance products, including life insurance, accidental death and dismemberment, health, auto, and home insurance. They also provide term and whole life coverage.
CUNA Mutual, now known as CMFG after a company reorganization, has an "A" rating from A.M. Best Company, indicating strong financial stability and the ability to pay current and future claims. Their TruStage product line offers a convenient online application process, although their rates can be confusing and less competitive compared to some other carriers.
TruStage, a subsidiary of CUNA Mutual and CMFG Life Insurance, provides life insurance, property and casualty insurance, and auto insurance policies. TruStage offers whole, term, and guaranteed issue insurance plans. Their term insurance policy is a no-medical-exam policy with coverage amounts ranging from $10,000 to $300,000 for individuals between 18 and 69 years old. The whole life insurance plan has coverage amounts between $1,000 and $100,000 for individuals aged 18 to 85.
CUNA Mutual Group, with its long history in the insurance industry, has evolved into TruStage, leveraging its expertise in insurance, investment, and technology solutions. TruStage aims to provide tailored solutions for various life stages, helping individuals, businesses, and credit unions make informed financial decisions and choose the right protection for their unique needs.
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CMFG Life Insurance Company has an A rating from A.M. Best
CMFG Life Insurance Company, also known as CUNA Mutual, has an A rating from A.M. Best. This rating is categorized as "Excellent" and reflects the company's strong financial position and its ability to pay current and future claims. The A rating indicates that CMFG Life Insurance is a financially stable company with a low risk of defaulting on its obligations. This rating is important for customers as it provides an indication of the company's reliability and ability to honour its insurance policies over the long term.
The A rating from A.M. Best is a result of a comprehensive evaluation of CMFG Life Insurance Company's financial performance, business profile, and operating environment. A.M. Best is a reputable credit rating agency that specializes in assessing the financial strength of insurance companies. Their ratings are widely recognized and trusted by consumers, businesses, and regulators in the insurance industry.
In addition to the A rating from A.M. Best, CMFG Life Insurance Company also has a strong presence in the insurance market. The company was founded over 80 years ago and focuses on providing life insurance products to credit unions and their members. CMFG Life Insurance offers term and whole life coverage, as well as accidental death and dismemberment insurance, health insurance, auto insurance, and home insurance through its TruStage product line.
TruStage is a subsidiary of CMFG Life Insurance Company and CUNA Mutual, and it provides a convenient online application process for its insurance products. However, it's important to note that their rates can be confusing for shoppers and may not be as competitive as some other carriers in the market. While CMFG Life Insurance has a strong financial rating, it's always advisable for consumers to compare rates, coverage options, and customer reviews before making any insurance-related decisions.
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TruStage offers whole, term, and guaranteed issue insurance
CMFG Life Insurance Company, also known as CUNA Mutual, offers a range of insurance products, including auto and home insurance. CUNA Mutual was founded over 80 years ago and specialises in providing insurance products to credit unions and their members.
CUNA Mutual issues term and whole life coverage through CMFG, and also offers insurance products under the TruStage brand. TruStage is a subsidiary of CMFG Life Ins Co and CUNA Mutual, providing shoppers with life insurance products, as well as property, casualty, auto, and home insurance policies.
TruStage has been recognised by Forbes as one of the best insurance companies, and it has a rating of 4.75/5 stars from consumers on TrustPilot. CMFG Life Insurance Company, the underwriter for TruStage, holds an "A" (Excellent) rating from A.M. Best as of December 2023.
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Frequently asked questions
CMFG Life Insurance Company, also known as CUNA Mutual, sells life insurance products with a focus on credit unions and their members.
Yes, CMFG Ins Co offers auto and home insurance through its TruStage insurance products.
TruStage is a subsidiary of CMFG Ins Co and CUNA Mutual that provides life insurance, property and casualty insurance, and auto insurance policies.
TruStage offers whole, term, and guaranteed issue insurance.