What insurance company is CMFG?
Asked by: Toni Murazik | Last update: November 18, 2025Score: 4.9/5 (25 votes)
What kind of insurance is CMFG?
CMFG Life Insurance Company provides insurance products and services. The Company offers collateral protection, cyber and security incident, mortgage, property and business liability, workers compensation, auto and home, and life insurance solutions. CMFG Life Insurance serves clients in the United States.
Who is CMFG Life Insurance Company?
CMFG Life Insurance Company is a stock life insurance company. CMFG Life is duly authorized and licensed to do a life and health insurance business in forty-nine other states, the District of Columbia, and in foreign countries.
Is CMFG Life Insurance Company legitimate?
CMFG has been around for more than 80 years and is headquartered in Madison, Wisconsin. Through its partnerships with 3,500 credit unions nationwide, the company provides life insurance coverage to 20 million people. 1 CMFG is licensed to provide life insurance in all states.
Is TruStage life insurance legitimate?
Yes, TruStage is a real company. It is part of the CUNA Mutual Group, with CMFG Life Insurance Company underwriting its life insurance products. The carrier also offers accidental death & dismemberment coverage through credit unions, plus auto and home coverage in select states.
What Is CMFG Life Insurance? - InsuranceGuide360.com
Is CMFG the same as CUNA?
History. The "CUNA" in the company's name originally stood for "Credit Union National Association". TruStage Financial Group 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.
What is CMFG?
Company Information
TruStage - CMFG Life Insurance Company (formerly CUNA Mutual) markets primarily through credit unions, having served them and their members since 1935. The company offers a variety of financial products including; life, accident and health insurance, as well as annuities.
Who bought Union life insurance company?
Jewelers Mutual, the insurance and business solutions provider dedicated to the jewelry industry, has acquired pawnbroker insurance provider Union Life & Casualty Insurance Agency.
Which company merged with Union life insurance company?
ULI had a promoter to public shareholding ratio of 70:30. ULI merged with Prime Life Insurance Company Limited and Gurans Life Insurance Company Limited at the share swap ratio of 1:1:1 (i.e., 1 share in the resultant Himalayan Life Insurance Limited for each share of Union).
Does TruStage have cash value?
You may borrow from this cash value as it grows to help pay for things your family needs. If you don't borrow from the cash value, your beneficiary will eventually receive the full amount as a tax-free payout.
Do life insurance companies really pay?
Many life insurance policies pay out as a lump sum once the beneficiaries' claims are approved. However, depending on the insurer, beneficiaries may also have the option of a life insurance annuity or even a retained asset account.
How to file a claim with TruStage life insurance?
- Online: consumerclaim.trustage.com.
- Phone: Please call 1-800-779-5433, Monday through Friday, 7:00AM to 5:00PM CT.
- Email: ConsumerClaims@trustage.com - to protect your and the insured's privacy, we encourage you to send notification via the secured email of your preference.
Is term life or whole life better?
Cash value? The pros and cons of term and whole life insurance are clear: Term life insurance is simpler and more affordable but has an expiration date and doesn't include a cash value feature. Whole life insurance is more expensive and complex, but it provides lifelong coverage and builds cash value over time.
What type of insurance is AFCO?
AFCO Credit Corporation, doing business as AFCO Insurance Premium Finance, provides premium financing services. The Company offers loans for businesses, finance property, and casualty insurance premiums. Afco Insurance Premium Finance serves clients worldwide.
Who is TruStage life insurance through?
TruStage is underwritten by CMFG Life Insurance Company, a company that was rated “A” (Excellent) as of December 2023 by A.M. Best. TruStage rates 4.75/5 stars from consumers (TrustPilot reviews).
What is the old name for TruStage?
CUNA Mutual Group becomes TruStage™
CUNA Mutual Group today announced it has unified its enterprise, business-to-business and consumer brands under the single brand, TruStage.
What is EFT life insurance?
Paying insurance premiums through Electronic Funds Transfer is becoming a more popular payment option in recent years. EFT allows you to pay insurance premiums electronically through your savings or checking account.
Is CMFG a good life insurance?
TruStage™ insurance is underwritten by CMFG Life Insurance Company, a company that's consistently rated 'A' (Excellent) for financial stability by AM Best. We've made it simple to help protect your family.
Who is the most trusted insurance company?
- Best for customer satisfaction: Erie Insurance.
- Best for seniors: Nationwide.
- Best for liability insurance: Auto-Owners.
- Best for claims filing : State Farm.
- Best for bundling: American Family.
- Best for accident forgiveness: Progressive.
- Best for military members and veterans: USAA.
What is the rating of CMFG insurance?
Concurrently, AM Best has affirmed the FSR of A (Excellent) and the Long-Term ICR of “a+” (Excellent) of CMFG Life Insurance Company (CMFG LIFE) and MEMBERS Life Insurance Company (MEMBERS Life). The outlook of these Credit Ratings (ratings) is stable.
What is Cuna called now?
Cuna Mutual Group Retirement will rebrand to TruStage™
“After more than 85 years of delivering a holistic and supportive approach to financial services, we are excited to continue putting a brighter financial future within everyone's reach,” said Paul Chong, senior vice president, wealth distribution, TruStage.
How do I contact TruStage life insurance?
Phone: 800-779-5433, Monday through Friday, 7:00 a.m. to 5:00 p.m. CST.