Is TruStage Life Insurance Legit? The Pros and Cons of No-Exam Policies

Life insurance is one of the most important financial decisions you can make for yourself and your loved ones.

But with so many options and providers out there, how do you know which one is trustworthy and reliable?

How do you avoid falling victim to scams and frauds that may leave you and your family unprotected?

As an experienced scam buster, I have seen many cases of deceptive and fraudulent acts, products, schemes and operations in the life insurance industry.

That’s why I decided to write this article to help you find out if TruStage life insurance is legit or not.

TruStage is a brand of life insurance products offered by CMFG Life Insurance Company, a part of CUNA Mutual Group, which serves credit union members across the U.S.

TruStage claims to provide simple, affordable and convenient life insurance policies that don’t require medical exams or tests.

But is TruStage life insurance legit? Let’s find out.

Is TruStage Life Insurance legit or a scam? Find out in this scam buster’s review of TruStage’s policies, rates, and customer feedback.
Is TruStage Life Insurance legit or a scam? Find out in this scam buster’s review of TruStage’s policies, rates, and customer feedback.

Is TruStage Life Insurance Legit?

Based on my research and analysis, I can say that TruStage life insurance is legit and not a scam. Here are some of the reasons why I think so:

  • TruStage has been in the life insurance business for over 80 years and has a solid reputation and history in the industry.
  • TruStage is rated A (Excellent) by AM Best, a leading rating agency that evaluates the financial strength and stability of insurance companies.
  • It has a low number of complaints relative to its size, according to the National Association of Insurance Commissioners (NAIC). TruStage has an A+ rating from the Better Business Bureau (BBB) and a 2 out of 5 stars customer rating.
  • TruStage offers online quotes and applications for all its policies, which makes it easy and convenient for customers to get coverage. TruStage also provides instant decisions and same-day coverage for eligible applicants.

Of course, being legit doesn’t mean being perfect. TruStage life insurance also has some drawbacks and limitations that you should be aware of before buying a policy. Let’s take a look at them in the next section.

Pros & Cons

Like any other life insurance provider, TruStage has its pros and cons. Here are some of the main ones:


  • No medical exam required for any policy: You don’t need to undergo a physical exam or invasive medical tests to get a policy from TruStage. You may be asked some simple health questions, but that’s it. This makes it easier and faster to get coverage, especially if you have pre-existing conditions or health concerns.
  • Fully online application for all policies: You can get a quote and apply for any policy from TruStage online, without having to talk to an agent or visit an office. You can also manage your policy online and access customer service through phone, email or chat.
  • Instant decision and same-day coverage possible: You can get a decision right away about whether your application has been accepted, and coverage can begin as soon as you make your first payment. This is ideal if you need life insurance quickly and don’t want to wait for weeks or months.


  • Expensive term coverage: TruStage term life insurance policies have premiums that increase every five years as you age. This means that your policy will become more expensive over time, and you may end up paying much more than what you would pay for a level term policy from another provider. TruStage term life insurance premiums can be up to four times more expensive than other similar providers.
  • Limited riders available: TruStage doesn’t offer many options to customize your policy, such as accelerated death benefits, waiver of premium, or child riders. This means that you may not be able to get the coverage and benefits that suit your needs and preferences.
  • Low coverage limits: TruStage term life insurance policies only offer up to $300,000 in coverage, while whole life policies offer up to $100,000 and guaranteed issue policies offer up to $20,000. These amounts may not be enough to cover your financial obligations and goals, such as paying off a mortgage, funding a college education, or leaving a legacy.

Types of Insurance Offered

Cost of TruStage Life Insurance

The cost of TruStage life insurance depends on several factors, such as your age, gender, health, coverage amount, and policy type. Here are some sample monthly rates for a $100,000 policy for a healthy non-smoker in California, as of November 2023:

Age Term Life Whole Life Guaranteed Issue
25 $10.75 $97.88 N/A
35 $11.75 $117.38 N/A
45 $16.75 $156.13 $66.88
55 $29.75 $222.63 $95.63
65 $64.75 $333.38 $144.38

As you can see, term life insurance is much cheaper than whole life insurance, especially for younger and healthier applicants.

However, term life insurance rates will increase every five years, while whole life insurance rates will remain level for the duration of the policy.

Guaranteed issue life insurance is the most expensive option, as it doesn’t take into account your health or medical history.

TruStage Customer Reviews

TruStage has mixed customer reviews online, with some positive and some negative feedback. Here are some of the common themes and sentiments expressed by customers:

  • Positive reviews: Many customers praise TruStage for its easy and fast application process, friendly and helpful customer service, and affordable and convenient coverage. Customers also appreciate the no-exam feature and the online access to their policies .
  • Negative reviews: Some customers complain about TruStage’s high and increasing premiums, low and limited coverage amounts, and lack of customization options. Customers also report issues with billing, claims, communication, and cancellation .

Compare TruStage Life Insurance with Other Providers

TruStage is not the only life insurance provider in the market. There are many other options that may offer better coverage, lower rates, or more features than TruStage. Here are some of the top competitors and alternatives to TruStage life insurance:

  • Haven Life: This is an online life insurance provider that offers term life insurance policies up to $3 million, without requiring a medical exam for most applicants. Haven Life also offers a free online will service and a rider that allows you to access a portion of your death benefit if you are diagnosed with a terminal illness.
  • Bestow: This is another online life insurance provider that offers term life insurance policies up to $1.5 million, without requiring a medical exam or a phone call. Bestow also offers flexible terms from 10 to 35 years and a 30-day money-back guarantee.
  • AARP: This is a non-profit organization that offers life insurance products to its members who are 50 years or older. AARP offers term, whole, and guaranteed issue life insurance policies, underwritten by New York Life. AARP also offers other benefits and discounts to its members, such as travel, health, and entertainment.
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