TruStage Term Life Insurance is a type of life insurance policy offered by TruStage, a brand of insurance products and services under CUNA Mutual Group. This type of policy provides coverage for a specific period of time, typically 10, 20, or 30 years, and pays out a death benefit to the designated beneficiary if the insured person passes away during the term of the policy.
The Insurance offers coverage amounts ranging from $25,000 to $300,000, and premiums that are guaranteed to remain level for the entire term of the policy. This means that the cost of the policy will not increase over time, providing peace of mind and budgeting stability for policyholders.
Term Life Insurance policies are underwritten by CMFG Life Insurance Company, which is part of CUNA Mutual Group. As a trusted financial services company serving credit unions and their members, TruStage strives to provide affordable and reliable insurance products that meet the needs of individuals and families.