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CMFG Life Insurance Company Reviews

CMFG Life Insurance Company, formally CUNA Mutual (Credit Union National Association) Mutual Insurance, is one of the most dominant insurers serving credit union members. They sell a life insurance product called TruStage through their network of credit unions nationwide.

They offer a wide range of coverage options, including whole and term life policies. They also offer accidental death and dismemberment.


A life insurance company can be a vital part of your financial planning, giving you peace of mind and helping to protect your loved ones. That’s why you want to ensure that your policy is backed by a reliable company and has good customer feedback.

TruStage is an insurance company that partners with credit unions and offers a wide range of products to its members. Its parent company, CUNA Mutual Group, has been in business for more than 80 years and provides coverage for individuals and companies.

The insurance company’s offerings include whole life, term, and guaranteed acceptance life insurance, accidental death and dismemberment insurance, auto and home coverage, and more. You can find out more about TruStage’s products and services through their website or by contacting your local credit union.

Term and Guaranteed Acceptance Policies

TruStage offers simplified issue term life insurance, which allows you to apply for a term policy online without the need to undergo a medical exam. You can get a quick decision, adjust your coverage, and receive a refund if you decide not to buy the policy after all.

Rates for the term and guaranteed acceptance whole life are average compared to other companies in the industry. However, there are better deals available if you shop around.

Insurers offer different types of insurance riders to customize their policies and add extra benefits. These riders allow you to purchase additional coverage, provide living benefits, waive your premiums in certain situations, and more. You can read about what life insurance riders are and which ones are the best in our guide to life insurance riders.

Final Expenses Planning With TruStage

TruStage’s whole-life policies are primarily designed as final expense planning coverage. This life insurance is meant to cover funeral costs and any smaller debts that may need to be paid off.

There are two whole-life policies offered by TruStage: the TruStage Advantage Whole Life and the TruStage Guaranteed Acceptance Whole Life. The Guaranteed Acceptance plan is ideal for those who cannot qualify for the TruStage Advantage due to medical conditions, including diabetes, heart disease, or high blood pressure.

The Advantage plan is also suitable for those looking for a simple whole-life plan that is easy to use. It’s an excellent option for older adults who don’t have medical conditions that would prevent them from getting other coverage.

Another significant benefit of the TruStage Advantage policy is its low age limit. You can apply for the policy up to age 85 if you meet specific requirements and aren’t pregnant at the time of application.

While most final expense planning life insurance is sold with a 2-year waiting period, the TruStage Guaranteed Acceptance plan has no such waiting period. This is a plus for seniors who want guaranteed approval, but you’ll pay more if you die in the first two years of owning the policy.

TruStage is an excellent choice for final expense planning because it has an excellent reputation for customer service and financial stability. It’s not a BBB-accredited company, but its parent company has an A+ rating from the Better Business Bureau. In addition, the company has a reasonable complaint index, which indicates that it has received half as many complaints as its competitors in the life insurance industry.

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