By adding more than 115 credit unions representing 2.3 million members to its MemberCONNECT program in 2013, CUNA Mutual Group said its TruStage accidental death and dismemberment insurance is now available to more than 44 million members.
In addition to AD&D insurance, other TruStage insurance programs include life, auto, and homeowners insurance, according to CUNA Mutual in Madison, Wis.
The company said Monday it is investing more than $250 million in TruStage to expand media, optimize channels and extend our products, said Corrin Maier, director of the MemberCONNECT program. Recent enhancements include mobile optimization of TruStage.com and introduction of FastApply AD&D, which enables members to apply online for their AD&D insurance coverage, she added.
Since 1983, CMFG Life Insurance Co. has been providing members, through their credit unions, insurance protection products through the MemberCONNECT program, according to CUNA Mutual.
Today, more than 4,000 credit unions representing more than 62 million members are using a variety of TruStage insurance products, CUNA Mutual said.
In 2012, CMFG Life reported paying $727 million in member claims, and credit unions received more than $66 million in noninterest income, according to the company.