February, 25 2018


Life insurance reviews, news and prices from the top companies

CMFG Life Insurance Company Reviews

CMFG Life Insurance Company Reviews

  • Price
  • Financial Rating

CMFG Life Insurance Company Reviews

Pros: History– CMFG Life Insurance, also known as CUNA Mutual (Credit Union National Association) had been serving credit unions since 1935.  No Physical Exam– With CMFG, Life insurance coverage amounts under $200k typically won’t require a physical exam.

Cons: There aren’t too many cons with CMFG Life Insurance Company.

Bottom Line: CMFG Life Insurance Company, formally known as CUNA Mutual Insurance after a company reorganization, is a dominant insurer in the niche of serving credit union members.  In 2012, the company launched the TruStage insurance program to better market specifically to credit unions.  In reviewing their rates, CMFG Life Insurance Company does have competitive pricing but won’t have the absolute lowest premium available on the market.  CMFG is “A” (Excellent) rated by A.M. Best and currently doesn’t have a Comdex Score.  As with all the companies we review, we recommend that you receive a quote from CMFG Life Insurance Company and from the other top life insurance companies as well and choose the best policy for you.



Issued by: CMFG Life Insurance Company

Founded: 1935

Website: www.cunamutual.com

Phone: (800) 356-2644

Address: 5910 Mineral Point Rd, Madison, WI 53705

A.M Best Rating: A (Excellent) Third highest of 16 possible ratings 

Comdex Ranking: NA

BBB Rating: A+  

Life Insurance Products: Term Life Insurance (10 to 30 year term) Whole Life Insurance, Simplified Issue-no medical exam under $200,000, Accidental Death & Dismemberment- (AD&D).

Life Insurance for: Credit Union Members

Competitors: Country Financial, MetLife, Prudential, PennMutual,  Assurity, Sagicor Life Insurance, Western National Life Insurance Company, Pacific Life Insurance Company, Nationwide, Globe Life Insurance, UNUM, Mutual of Omaha Insurance Company, Northwestern Mutual Life Insurance, New York Life, TIAA-CREF, MassMutual, Liberty Mutual, John Hancock, Ohio National Life, Principal, State Farm, Farmers, Allstate, American General Life-AIG, Banner Life, Protective Life, Primerica, Genworth Life, North American Co, Lincoln National Life, ING-ReliaStar, Transamerica, Midland, Columbus Life Insurance Company, Cincinnati Life, ANICO, TIAA-CREF, Securian, Guardian, OneAmerica, Amica, Minnesota Life, RiverSource, Allianz Life Insurance Company, AAA, Erie, Thrivent Financial for Lutherans, EMC National Life, Motorists Life, Pan-American Life, National Life Group, Shelter, HoraceMann, Group Life Insurance, Supplemental Life Insurance, Aflac, Voluntary Life Insurance, Baltimore Life, Security Mutual Life, SBLI, Foresters, 5 Star Life Insurance Company, Oxford, Americo, United Home Life, Monumental, Funeral Advantage, Standard Life, Colonial Penn, AARP.

Price Comparison

Sample rates for a 40 year male for a $250,000 policy on a 30-year term at each company’s best health class, non-smoker:

Pacific Life=$29.59




Western Southern=$48.02

Sample rates for a 40 year male for a $500,000 policy on a 30-year term at each company’s best health class, non-smoker:







What is your experience with CMFG Life Insurance Company?  Tell others if you would recommend them to your friends and family.  Please leave a comment and rating below.

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CMFG Life Insurance Company
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