TruStage Life Insurance Review
Life insurance provides for your family financially when you pass away. TruStage is a well-known life insurance provider in the U.S. that offers competitive rates and policy options tailored to your family's requirements.
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By Mark Fitzpatrick
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Head of Insurance, MoneyGeek
Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including [CNBC](https://www.cnbc.com/2020/04/15/cant-keep-up-with-insurance-premiums-heres-what-to-do.html), [NBC News](https://www.nbcnews.com/business/autos/flooded-cars-are-problem-their-owners-future-car-buyers-n1278493) and [Mashable](https://mashable.com/article/tesla-insurance-rates). Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.
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Edited by Victoria Copans
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Victoria Copans is a professional writer, editor and translator. She previously worked as the managing editor for online events industry publication XLIVE. As a self-described budgeting nerd, she was drawn to the personal finance space to help share important and useful information that people may not otherwise have access to. In her free time, she loves to travel, learn languages and explore the beautiful nature in her home of Vermont.
MF
By Mark Fitzpatrick
MF
Head of Insurance, MoneyGeek
Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including [CNBC](https://www.cnbc.com/2020/04/15/cant-keep-up-with-insurance-premiums-heres-what-to-do.html), [NBC News](https://www.nbcnews.com/business/autos/flooded-cars-are-problem-their-owners-future-car-buyers-n1278493) and [Mashable](https://mashable.com/article/tesla-insurance-rates). Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.
VC
Edited by Victoria Copans
VC
Victoria Copans is a professional writer, editor and translator. She previously worked as the managing editor for online events industry publication XLIVE. As a self-described budgeting nerd, she was drawn to the personal finance space to help share important and useful information that people may not otherwise have access to. In her free time, she loves to travel, learn languages and explore the beautiful nature in her home of Vermont.
Updated: August 20, 2024
Advertising & Editorial Disclosure
TruStage life insurance is best for individuals and families looking for affordable term or whole insurance policies. It involves a straightforward application process without the need for a medical exam. Those who value the convenience of purchasing insurance online or through a credit union may find the most value from this insurer. It comes with a long list of insurance riders that enable policyholders to customize or elevate their coverage.
Since TruStage only offers up to $300,000 in coverage, it may not be ideal for those requiring a larger coverage amount or with complex insurance needs. In this case, Haven Life may be a better fit. In addition, those looking for the flexibility of universal life insurance should check out State Farm.
Continue reading our review of TruStage to learn more about the company and its policy offerings to make the most informed decision before applying for life insurance.
Convenient online application process
No medical exams required
Online account for policyholders
Low coverage cap of $300,000
Limited to members of credit unions partnering with CUNA Mutual Group
Standardized life insurance products with set terms and coverage options
TruStage Life Insurance is owned by CUNA Mutual Group, a financial services company that specializes in providing insurance products to credit unions and their members. TruStage offers three main types of life insurance policies: term life insurance, whole life insurance and guaranteed acceptance life insurance. It also offers separate funeral and final expense insurance and accidental death and dismemberment insurance to complement its life insurance policies.
TruStage does not require a health exam for its simplified issue policies, but more comprehensive underwriting may be required for larger policy amounts or applicants with certain health conditions. The company offers coverage for children, smokers and those with health conditions, but premiums may be higher for those with riskier health profiles.
TruStage also offers some special policy types and programs, including a living benefit program that allows policyholders to access a portion of their death benefit in the event of a terminal illness diagnosis.
CMFG Life Insurance Company, which underwrites TruStage policies, has a complaint index of 1.02 — just about the national average — according to the National Association of Insurance Commissioners (NAIC). It operates in all 50 states.
Ensure you’re getting the best rate for your life insurance. Compare quotes from top providers to find the most affordable life insurance coverage for your needs.
