CUNA Mutual Group acquires Assurant’s global prearranged funeral and final expense business

[Insurance Forums Staff]

Insurance Forums Staff submitted a new article

CUNA Mutual Group acquires Assurant’s global prearranged funeral and final expense business

$1.3 billion acquisition will expand company’s middle market consumer reach.

Continue reading the Original Article.

 

[Baseball7]

Interesting!

 

[DonP]

Cuna’s got a great whole life . I’m suprised how many people buy from their credit unions .

 

[Newby]

That’s American Memorial Life. That company was owned by Service Corporation International and got sold to Assurant dirt cheap back in the early 2000’s when SCI’s stock took a dump. SCI has still remained the biggest seller of American Memorial policies. I’m shocked that SCI didn’t buy it back if it was for sale.

 

[suranceman]

Cuna’s got a great whole life . I’m suprised how many people buy from their credit unions .

I hear ya on this. Trustage is everywhere now.

I wonder how much they sell each year. I'll bet it's a ton.

 

[jdeasy]

I don’t find any of CUNA’s products to be all that great.

It’s basically a FU product. Only priced well for smokers. But you can blow that away too with FU.

If they quaffed for Trustage they qualify for FU. Unless of course it was clean sheeted. Which appears to be most of them.

 

[Baseball7]

Well look who’s back.

 

[jdeasy]

Well look who’s back.

Yeah, a week or so ago.

Back on subject, AmMem adds nothing to CUNA.

Completely non competitive product. I probably replace more AmMem than any other company out there.

They are almost as easy to replace as AmAm. But I see far more AmMem out there.

Mainly because of ORCA.

 

[Baseball7]

And you sure haven’t changed. I’ll see you in Key Largo though.

 

[jdeasy]

And you sure haven’t changed. I’ll see you in Key Largo though.

No reason to change. ‍

Actually that's not true. We all change and evolve and have changing opinions over the years. But change who I am or what I believe in? Never!