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Company Details
CMFG LIFE INSURANCE COMPANY License Status :
Active
NAIC Number :
62626
Phone Number:
6086654525
Company Address:
5910 MINERAL POINT ROAD
MADISON, WI 53705
Description:
Life and Health
License Number:
A418034
Date Admitted:
1943-06-17
Market Share
Link to Supplemental Data Page
| Year | Line | Market Share | Direct Premium Written | Direct Premium Earned | Direct Losses Paid | Direct Losses Incurred | Loss Ratio |
|---|---|---|---|---|---|---|---|
| 2023 | Total Accident & Health | 0.04% | $6,106,614 | $6,088,955 | $3,229,043 | $3,310,249 | 54.36 % |
| 2023 | Total Individual Accident & Health | 0.03% | $1,295,397 | $1,290,655 | $636,205 | $694,482 | 53.81 % |
| 2023 | Individual Long Term Care | 0.66% | $1,291,439 | $1,286,697 | $636,205 | $694,447 | 53.97 % |
| 2023 | Individual Accident Only | 0.00% | $3,875 | $3,875 | $0 | $35 | 0.90 % |
| 2023 | Individual Limited Benefit | 0.00% | $83 | $83 | $0 | $0 | 0.00 % |
| 2023 | Total Group Accident & Health | 0.05% | $4,811,217 | $4,798,300 | $2,592,838 | $2,615,767 | 54.51 % |
| 2023 | Group Accident Only | 2.33% | $3,145,211 | $3,143,827 | $2,052,488 | $2,075,417 | 66.02 % |
| 2023 | Group Disability Income | 0.00% | $0 | $0 | $5,221 | $5,221 | N/A |
| 2023 | Group Limited Benefit | 0.01% | $20,551 | $20,709 | $535 | $535 | 2.58 % |
| 2023 | Group Short Term Credit Disability | 27.50% | $1,645,455 | $1,633,764 | $534,594 | $534,594 | 32.72 % |
| 2023 | Total Life | 0.19% | $25,875,766 | $0 | $34,911,550 | $0 | N/A |
| 2023 | Total Individual Life | 0.14% | $14,079,852 | $0 | $14,026,312 | $0 | N/A |
| 2023 | Individual Whole Life | 0.87% | $7,618,784 | $0 | $3,148,284 | $0 | N/A |
| 2023 | Individual Term Life | 0.48% | $2,810,565 | $0 | $709,000 | $0 | N/A |
| 2023 | Individual Universal Life | 0.02% | $106,383 | $0 | $229,555 | $0 | N/A |
| 2023 | Individual Graded Death Benefits | 2.91% | $508,893 | $0 | $258,728 | $0 | N/A |
| 2023 | Individual Variable Life | 0.33% | $338,778 | $0 | $1,634,203 | $0 | N/A |
| 2023 | Individual Ordinary Annuities | 0.03% | $725,032 | $0 | $4,998,357 | $0 | N/A |
| 2023 | Individual Variable Annuities | 0.00% | $2,020 | $0 | $2,249,397 | $0 | N/A |
| 2023 | Individual Modified Guaranteed Annuities | 3.86% | $1,969,397 | $0 | $89,897 | $0 | N/A |
| 2023 | Individual Equity Indexed Annuities | 0.00% | $0 | $0 | $560,369 | $0 | N/A |
| 2023 | Individual Deposit-Type Funds | 0.00% | $0 | $0 | $148,522 | $0 | N/A |
| 2023 | Total Group Life | 0.34% | $11,795,914 | $0 | $20,885,238 | $0 | N/A |
| 2023 | Group Whole Life | 2.77% | $1,648,386 | $0 | $1,517,653 | $0 | N/A |
| 2023 | Group Term Life | 0.13% | $791,787 | $0 | $344,048 | $0 | N/A |
| 2023 | Group Graded Death Benefits | 0.00% | $0 | $0 | $0 | $0 | N/A |
| 2023 | Group Credit Life | 18.11% | $1,324,110 | $0 | $508,354 | $0 | N/A |
| 2023 | Group Ordinary Annuities | 0.21% | $2,607,177 | $0 | $918,093 | $0 | N/A |
| 2023 | Group Other Considerations | 0.61% | $5,424,454 | $0 | $17,597,090 | $0 | N/A |
| 2022 | Total Accident & Health | 0.05% | $6,123,820 | $6,115,287 | $2,274,265 | $5,254,828 | 85.93 % |
| 2022 | Total Individual Accident & Health | 0.03% | $1,423,708 | $1,421,853 | $610,133 | $647,645 | 45.55 % |
| 2022 | Individual Long Term Care | 0.71% | $1,420,820 | $1,418,965 | $610,133 | $647,635 | 45.64 % |
| 2022 | Individual Accident Only | 0.00% | $2,805 | $2,805 | $0 | $10 | 0.36 % |
| 2022 | Individual Limited Benefit | 0.00% | $83 | $83 | $0 | $0 | 0.00 % |
| 2022 | Total Group Accident & Health | 0.06% | $4,700,112 | $4,693,434 | $1,664,132 | $4,607,183 | 98.16 % |
| 2022 | Group Accident Only | 2.23% | $2,958,348 | $2,958,474 | $1,021,725 | $3,964,889 | N/A |
| 2022 | Group Disability Income | 0.00% | $0 | $0 | $7,300 | $7,187 | N/A |
| 2022 | Group Limited Benefit | 0.01% | $22,799 | $22,613 | $2,500 | $2,500 | 11.06 % |
| 2022 | Group Short Term Credit Disability | 28.13% | $1,718,965 | $1,712,347 | $632,607 | $632,607 | 36.94 % |
| 2022 | Total Life | 0.19% | $26,869,486 | $0 | $24,117,800 | $0 | N/A |
| 2022 | Total Individual Life | 0.13% | $12,530,991 | $0 | $11,239,518 | $0 | N/A |
| 2022 | Individual Whole Life | 0.83% | $7,144,658 | $0 | $3,822,737 | $0 | N/A |
| 2022 | Individual Term Life | 0.39% | $2,440,357 | $0 | $1,742,022 | $0 | N/A |
| 2022 | Individual Universal Life | 0.02% | $120,383 | $0 | $372,501 | $0 | N/A |
| 2022 | Individual Graded Death Benefits | 2.13% | $499,209 | $0 | $358,891 | $0 | N/A |
| 2022 | Individual Variable Life | 0.18% | $384,580 | $0 | $681,720 | $0 | N/A |
| 2022 | Individual Ordinary Annuities | 0.02% | $459,547 | $0 | $2,247,250 | $0 | N/A |
| 2022 | Individual Variable Annuities | 0.00% | $43,170 | $0 | $1,110,448 | $0 | N/A |
| 2022 | Individual Modified Guaranteed Annuities | 1.87% | $1,432,897 | $0 | $230,231 | $0 | N/A |
| 2022 | Individual Equity Indexed Annuities | 0.00% | $0 | $0 | $673,718 | $0 | N/A |
| 2022 | Individual Deposit-Type Funds | 0.00% | $6,190 | $0 | $0 | $0 | N/A |
| 2022 | Total Group Life | 0.32% | $14,338,495 | $0 | $12,878,282 | $0 | N/A |
| 2022 | Group Whole Life | 4.30% | $1,769,563 | $0 | $1,477,428 | $0 | N/A |
| 2022 | Group Term Life | 0.16% | $860,659 | $0 | $686,432 | $0 | N/A |
| 2022 | Group Graded Death Benefits | 0.00% | $0 | $0 | $0 | $0 | N/A |
| 2022 | Group Credit Life | 16.29% | $1,449,370 | $0 | $837,781 | $0 | N/A |
| 2022 | Group Ordinary Annuities | 0.00% | $0 | $0 | $719,722 | $0 | N/A |
| 2022 | Group Other Considerations | 0.92% | $10,258,903 | $0 | $9,156,919 | $0 | N/A |
| 2021 | Total Accident & Health | 0.05% | $5,893,064 | $5,859,904 | $1,682,658 | $1,847,311 | 31.52 % |
| 2021 | Total Individual Accident & Health | 0.03% | $1,257,256 | $1,258,141 | $426,330 | $527,737 | 41.95 % |
| 2021 | Individual Long Term Care | 0.60% | $1,254,861 | $1,255,728 | $426,330 | $527,683 | 42.02 % |
| 2021 | Individual Accident Only | 0.00% | $2,312 | $2,330 | $0 | $54 | 2.32 % |
| 2021 | Individual Limited Benefit | 0.00% | $83 | $83 | $0 | $0 | 0.00 % |
| 2021 | Total Group Accident & Health | 0.06% | $4,635,808 | $4,601,763 | $1,256,328 | $1,319,574 | 28.68 % |
| 2021 | Group Accident Only | 2.23% | $2,690,925 | $2,690,590 | $451,750 | $515,147 | 19.15 % |
| 2021 | Group Disability Income | 0.00% | $0 | $0 | $17,794 | $17,618 | N/A |
| 2021 | Group Limited Benefit | 0.01% | $25,583 | $25,682 | $1,340 | $1,340 | 5.22 % |
| 2021 | Group Short Term Credit Disability | 22.88% | $1,919,300 | $1,885,491 | $785,444 | $785,469 | 41.66 % |
| 2021 | Total Life | 0.22% | $26,794,548 | $0 | $25,229,409 | $0 | N/A |
| 2021 | Total Individual Life | 0.14% | $11,143,173 | $0 | $10,707,749 | $0 | N/A |
| 2021 | Individual Whole Life | 0.74% | $6,541,625 | $0 | $2,714,270 | $0 | N/A |
| 2021 | Individual Term Life | 0.33% | $2,018,770 | $0 | $1,231,176 | $0 | N/A |
| 2021 | Individual Universal Life | 0.01% | $119,129 | $0 | $578,665 | $0 | N/A |
| 2021 | Individual Graded Death Benefits | 2.22% | $481,358 | $0 | $241,830 | $0 | N/A |
| 2021 | Individual Variable Life | 0.17% | $391,150 | $0 | $1,116,579 | $0 | N/A |
| 2021 | Individual Ordinary Annuities | 0.03% | $448,505 | $0 | $1,818,295 | $0 | N/A |
| 2021 | Individual Variable Annuities | 0.02% | $366,620 | $0 | $2,161,336 | $0 | N/A |
| 2021 | Individual Modified Guaranteed Annuities | 1.38% | $550,000 | $0 | $0 | $0 | N/A |
| 2021 | Individual Equity Indexed Annuities | 0.00% | $0 | $0 | $845,598 | $0 | N/A |
| 2021 | Individual Deposit-Type Funds | 0.25% | $226,016 | $0 | $0 | $0 | N/A |
| 2021 | Total Group Life | 0.36% | $15,651,375 | $0 | $14,521,660 | $0 | N/A |
| 2021 | Group Whole Life | 4.13% | $1,893,143 | $0 | $1,382,040 | $0 | N/A |
| 2021 | Group Term Life | 0.15% | $920,759 | $0 | $693,592 | $0 | N/A |
| 2021 | Group Graded Death Benefits | 0.00% | $0 | $0 | $0 | $0 | N/A |
| 2021 | Group Credit Life | 14.27% | $1,609,308 | $0 | $808,987 | $0 | N/A |
| 2021 | Group Other Considerations | 0.98% | $11,228,165 | $0 | $11,637,041 | $0 | N/A |
Enforcements
The department has not taken enforcement action against this company in the past three years.
Complaint Index
| Year | Line | Market Share | Number of Complaints | Complaint Index |
|---|---|---|---|---|
| 2023 | Health | 0.06% | 1 | 83 |
| 2023 | Life and Annuities | 0.15% | 3 | 273 |
| 2023 | Long-Term Care Insurance | 0.55% | 1 | 112 |
| 2022 | Health | 0.07% | 2 | 127 |
| 2022 | Life and Annuities | 0.15% | 2 | 181 |
| 2022 | Long-Term Care Insurance | 0.53% | 1 | 124 |
| 2021 | Health | 0.07% | 4 | 227 |
| 2021 | Life and Annuities | 0.16% | 2 | 166 |
| 2021 | Long-Term Care Insurance | 0.47% | 3 | 373 |
Company Changes
Effective Date: 12/31/2007
Comments: Cuna Mutual Life Insurance Company merged with and into Cuna Mutual Insurance Society.
Effective Date: 01/31/2012
Comments: Effective 1/31/12 CUNA Mutual Insurance Company changed it name to CMFG Life Insurance Company.
Market Conduct
Date: 07/21/2016
Date: 03/31/2022
Financial Exams
This company does not have any financial exams.