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Comprehensive review of TruStage Life Insurance



I started Insurance Blog by Chris ™ because I have a passion for insurance. Here on the blog, our job is to educate and inform people about the best insurance for them. Since then, we have grown into national brands with a large team of researchers who help people understand all forms of insurance.

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Written by

Chris Huntley

Founder of Huntley Wealth & Insurance Services

Chris Huntley

Rachael Brennan has been working in the insurance industry since 2006 when she began working as a licensed insurance representative for 21st Century Insurance, during which time she received her Property and Casualty license in all 50 states. After several years, she expanded her insurance expertise and also received her license in health and AD&D insurance. She has worked for small health insurance companies …

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Reviewed by


Rachael Brennan

Licensed insurance agent

Rachael Brennan

UPDATED: March 30, 2022

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Here’s Scoop

  • TruStage Insurance offers life insurance products with a term, full and guaranteed acceptance to people throughout the United States
  • TruStage states online that its prices are affordable, but individuals will need to receive direct quotes to know what they can expect to pay in monthly premiums
  • TruStage has the rating A (Excellent) financial strength with AM Best

When looking for a life insurance policy, it can be a challenge. There are so many companies and options for life insurance coverage, but how do you know which are the best life insurance companies in your area? One company that offers several different options for life insurance coverage is TruStage Insurance.

TruStage Insurance Company offers its customers term, full and guaranteed life insurance options. After doing research, you may find that TruStage offers exactly what you are looking for. However, you should still shop around online and compare quotes from several life insurance companies in your area before making any final life insurance coverage decisions.

What do TruStage’s different types of life insurance mean?

Based on your age, occupation, marital status and many other factors, you will want to buy a life insurance policy that meets your needs and provides for your loved ones so that you do not have to stress about the future.

TruStage offers options for lifetime insurance, permanent coverage through a full life insurance and guaranteed acceptance insurance for individuals who may have difficulty buying a regular life insurance with other companies.

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What is lifetime insurance?

A life insurance from TruStage covers the policyholder for a certain period of time. TruStage sells lifetime insurance in five-year increments from a 10-year plan to a 35-year plan.

With lifetime protection, your insurance will pay the death benefit to your beneficiaries if you die during the term of the insurance. Unfortunately, your insurance can run out during your lifetime with life insurance, and your beneficiaries would not receive the death benefit. However, monthly and annual interest rates on long-term life are much lower than interest rates for a permanent life insurance policy.

How is permanent life insurance different from term life?

While a life insurance plan will eventually expire, a permanent life insurance policy will cover a policyholder for the rest of their life until the person passes away. At that time, the permanent life insurance will pay the beneficiaries the total amount of the death benefit.

There are many different types of permanent life insurance, but one of the most popular options is a full life insurance policy. Hellivsförsäkring with TruStage offers a locked-in interest rate that will never increase during a person’s lifetime.

In addition, a lifetime insurance policy of TruStage requires that potential policyholders answer only a few health questions but do not require a medical examination. In addition, TruStage’s entire life insurance policies build a cash value and offer a future source of money in an emergency.

How much does life insurance cost with TruStage?

The amount you will pay for a life insurance policy varies depending on several factors, such as your age, gender, occupation, marital status, health status and more.

The table below shows average monthly rates for a 20-year life insurance based on a person’s age.

Prices for 20-year life insurance by age

Age and sex Good health Average health
20-year-old woman 19 USD 25 USD
20-year-old man 24 USD 30 USD
30-year-old woman 19 USD 26 USD
30-year-old man 24 USD 31 USD
40-year-old woman 30 USD 39 USD
40-year-old man 35 USD 47 USD
50-year-old woman 64 USD 84 USD
50-year-old man 82 USD $ 113
60-year-old woman 160 USD 218 USD
60-year-old man 217 USD $ 303
70-year-old woman 625 USD $ 756
70-year-old man 891 USD $ 1,066

For comparison, the following table shows average monthly rates for a lifetime insurance policy of $ 100,000.

Average monthly rates for a lifetime insurance policy of $ 100,000

Age Monthly rates for the entire life insurance (man) Monthly rates for the entire life insurance (woman)
25 $ 93.70 $ 84.91
30 107.71 USD $ 97.35
35 $ 128.24 $ 112.93
40 153.90 USD 132.15 USD
45 190.79 USD 156.17 USD
50 234.90 USD $ 191.66
55 $ 294.84 243.17 USD
60 399.24 USD $ 311.63
65 528.00 USD 421.69 USD

As you can see, the rates for a life insurance policy are often more expensive than those associated with a life insurance policy. If you are looking for life insurance, but you need to stick to a specific budget, you can find a more affordable life insurance policy.

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What is a guaranteed life insurance?

Life insurance with guaranteed acceptance offers life insurance coverage to people who would otherwise have difficulty buying a life insurance policy. In many cases, people with chronic illnesses or people over a certain age may need to purchase a guaranteed acceptance policy to get life insurance.

Usually, a guaranteed life insurance with TruStage has much lower limits for the death benefit. Premiums are often expensive compared to other life insurance policies with higher death benefits.

The table below shows average monthly prices for a life insurance with a guaranteed issue based on the coverage amount.

Average monthly prices for a guaranteed life insurance policy for life

Sex 10,000 USD $ 15,000 $ 20,000 $ 25,000
Male 206.33 USD 308.50 USD 415.67 USD 519.08 USD
Woman $ 179.76 $ 268.64 393.31 USD 491.14 USD

Before buying a guaranteed issue policy or any life insurance, it is always a good idea to look for coverage with other companies. You may find that you are entitled to better coverage at a lower price with another company.

Does TruStage have good ratings and reviews?

TruStage’s parent company, CMFG Life Insurance Company, has the rating A (Excellent) financial strength with AM the best. While there are some negative reviews of TruStage Life Insurance online, there are also positive reviews regarding coverage and overall customer service.

If you are considering life insurance with TruStage, talk to a representative to see what type of insurance might work best for you and your loved ones. And always compare quotes from other companies before making any final decisions regarding your insurance coverage.


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