MADISON, Wis. (10/20/15)--CUNA Mutual has launched two new online tools: one is a budget-first calculator that shows users how much term or whole life coverage they can afford. The other is TruStage FastApply, a new way to apply for whole life insurance online. Both are available via trustage.com.
“We want to help credit unions and members think about life insurance in a different way,” said Susan Sachatello, senior vice president of TruStage, CUNA Mutual Group's consumer brand. “Instead of just looking at coverage amounts, we consider members’ budgets and find payments that actually fit. We provide a meaningful amount of coverage that’s true to what they can afford.”
The new Web tools make it easy for users to find sensible premiums to fit their budgets and help protect their families, investments and loved ones. The tools also combat industry research that shows many Americans grossly overestimate life insurance costs.
According to Sachatello, the new Web tools were specifically designed to support more of today’s American families by reducing indecision and encouraging how easy it can be to apply for life insurance online.
TruStage FastApply is currently available to consumers and credit union members in 36 statesIt allows visitors to complete an online whole life insurance application in five steps. Online visitors who need additional support can also use live video and text chat to access a licensed TruStage insurance agent at any time.