TruStage is a financial services provider dedicated to offering insurance and investment products designed to help protect families and their financial futures. A subsidiary of CUNA Mutual Group, TruStage was established to serve credit union members and has since grown to serve millions of customers across the United States. Headquartered in Madison, Wisconsin, TruStage provides life insurance, auto insurance, home insurance, and a range of investment products tailored to meet the needs of middle-income families. The company’s mission is to help everyday people achieve financial security with affordable, straightforward solutions.

Services and Solutions

TruStage offers a variety of financial and insurance products that help individuals and families protect what matters most. Key services include:

• Life Insurance: TruStage offers term life, whole life, and simplified issue life insurance policies designed to provide financial protection for families. These products ensure that loved ones are financially protected in the event of the policyholder’s passing, with flexible coverage options to fit various budgets.
• Auto and Home Insurance: TruStage provides comprehensive auto and home insurance policies through partnerships with trusted insurers. These policies offer protection against common risks such as accidents, theft, and natural disasters, ensuring that individuals can safeguard their assets.
• Accidental Death and Dismemberment Insurance (AD&D): TruStage offers affordable AD&D insurance, providing financial assistance in the event of an accident that results in death or serious injury.
• Investment Products: In addition to insurance, TruStage offers investment products, including annuities and retirement planning solutions. These products are designed to help individuals build wealth and prepare for a financially secure retirement.

Employee Benefits and Compensation

TruStage provides a comprehensive benefits package designed to support the well-being and professional growth of its employees. Key benefits include:

• Health and Wellness: Employees have access to medical, dental, and vision coverage, along with wellness programs that promote healthy living and mental well-being.
• Retirement and Savings: TruStage offers a 401(k) plan with company matching contributions, as well as pension plans, to help employees plan for long-term financial security.
• Work-Life Balance: TruStage encourages a healthy work-life balance with flexible work arrangements, including remote work options and flexible scheduling.
• Professional Development: The company invests in employee growth through learning and development opportunities, leadership training, and tuition reimbursement for continued education.
• Paid Time Off: TruStage provides generous paid time off, including vacation, holidays, and personal leave, ensuring employees have time to recharge and maintain a balanced lifestyle.

Business Divisions

TruStage operates through several key business divisions that focus on providing financial security and protection to individuals and families across the United States:

• Life Insurance: The core of TruStage’s business, offering term, whole life, and simplified issue life insurance products that provide financial protection for families in times of need.
• Property and Casualty Insurance: TruStage partners with leading insurers to offer auto and home insurance, providing comprehensive coverage for individuals and families to protect their assets.
• AD&D Insurance: Affordable accidental death and dismemberment insurance, designed to offer financial protection in the event of a serious accident.
• Investment Products: TruStage offers investment and retirement planning products, including annuities, that help individuals build wealth and plan for a secure retirement.

Summary

TruStage is a trusted provider of life insurance, auto and home insurance, and investment products, dedicated to helping middle-income families protect their financial futures. With a mission to make financial security accessible to everyone, TruStage offers affordable and straightforward solutions that fit the needs of everyday people.

For actuarial professionals, TruStage presents an exciting opportunity to contribute to the development and pricing of innovative financial and insurance products. Actuarial roles at TruStage involve risk management, product development, and financial modeling, offering a dynamic work environment for those passionate about making a difference in the financial security of families across the U.S.

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