Trustage Life Insurance Reviews – Everything You Need to Know

If you’re looking for a reliable life insurance provider, you might have come across Trustage Life Insurance. Trustage is a subsidiary of CUNA Mutual Group, which is a trusted name in the insurance industry. Many people want to know if Trustage is a good choice for their life insurance needs. In this article, we will give you an honest review of Trustage Life Insurance, so you can decide if it’s the right fit for you.

What is Trustage Life Insurance?

Trustage Life Insurance is a type of insurance that is offered by CUNA Mutual Group, which is a company that provides financial protection and retirement planning services. Trustage offers a wide range of insurance products, such as term life insurance, whole life insurance, and accidental death insurance. The company aims to provide affordable insurance policies that are easy to understand and purchase.

Trustage Life Insurance is available to members of credit unions, as well as their families. The insurance products are underwritten by CMFG Life Insurance Company, which has been rated A (Excellent) by A.M. Best for financial strength.

What Are the Benefits of Trustage Life Insurance?

There are many benefits of choosing Trustage Life Insurance, including:

• Competitive rates
• Flexible coverage options
• No medical exam required for some policies
• Easy online application process
• Quick underwriting process
• Excellent customer service

What Are the Different Types of Trustage Life Insurance?

Trustage Life Insurance offers several types of insurance products, including:

Term Life Insurance

Term life insurance provides coverage for a set period of time, typically 10, 15, 20, or 30 years. If the insured dies during the term of the policy, the death benefit is paid out to the beneficiaries. Term life insurance is generally the most affordable type of life insurance.

Whole Life Insurance

Whole life insurance provides coverage for the entire lifetime of the insured. The premiums for whole life insurance are generally higher than for term life insurance, but the policy also builds cash value over time, which can be borrowed against or used to pay premiums.

Accidental Death Insurance

Accidental death insurance provides coverage in the event of an accidental death, such as a car accident or a fall. This type of insurance is generally less expensive than other types of life insurance, but it only pays out if the death is accidental.

How Much Does Trustage Life Insurance Cost?

The cost of Trustage Life Insurance varies depending on several factors, such as the type and amount of coverage you choose, your age, your health, and your lifestyle. However, Trustage Life Insurance is generally affordable compared to other life insurance providers. You can get a free quote from Trustage’s website to see how much your policy would cost.

Trustage Life Insurance Reviews

If you’re considering Trustage Life Insurance, it’s a good idea to read reviews from current and former customers to get an idea of their experiences. Here are some Trustage Life Insurance reviews from various sources:

Trustpilot

Rating	Number of Reviews	Percentage of Positive Reviews
4.2 stars	183 reviews	70%

On Trustpilot, Trustage has a 4.2 out of 5-star rating based on 183 reviews. 70% of the reviews are positive, with customers praising the company for its affordable rates, easy application process, and helpful customer service. Negative reviews mostly complain about slow claims processing.

Consumer Affairs

Rating	Number of Reviews	Percentage of Positive Reviews
3.6 stars	50 reviews	42%

On Consumer Affairs, Trustage has a 3.6 out of 5-star rating based on 50 reviews. 42% of the reviews are positive, with customers praising the company for its easy application process and helpful customer service. Negative reviews mostly complain about the lack of communication and slow claims processing.

BBB

Rating	Number of Reviews	Percentage of Positive Reviews
A+	0 reviews	N/A

Trustage Life Insurance is not BBB accredited, but its parent company CUNA Mutual Group has an A+ rating.

FAQ

Is Trustage Life Insurance Legit?

Yes, Trustage Life Insurance is a legitimate insurance provider that is part of CUNA Mutual Group. Trustage is underwritten by CMFG Life Insurance Company, which is rated A (Excellent) by A.M. Best for financial strength.

Can I Get Trustage Life Insurance if I’m Not a Member of a Credit Union?

No, Trustage Life Insurance is only available to members of credit unions and their families. If you’re not a member of a credit union, you can find other life insurance providers that may be a better fit for you.

Do I Need a Medical Exam to Get Trustage Life Insurance?

It depends on the type of policy you choose. Trustage offers some policies that do not require a medical exam, while others may require one. You can get more information on Trustage’s website.

What Happens if I Miss a Premium Payment?

If you miss a premium payment, your policy may lapse or be cancelled. It’s important to keep up with your premium payments to ensure that your policy stays active.

Can I Cancel My Trustage Life Insurance Policy?

Yes, you can cancel your Trustage Life Insurance policy at any time. However, if you cancel your policy before the end of the term, you may not receive a refund for the premiums you’ve paid.

Conclusion

Trustage Life Insurance is a legitimate and affordable insurance provider that offers a range of insurance products to members of credit unions and their families. The company has received positive reviews for its easy application process and helpful customer service. If you’re considering Trustage Life Insurance, we recommend getting a free quote from their website to see if it’s a good fit for your life insurance needs.