MADISON, Wis. – CUNA Mutual Group announced Barron’s (Opens in new window), the world's premier investing publication since 1921, included the company on its list of “The 50 Best Annuities (Opens in new window).” CUNA Mutual Group appeared on the publication’s Deferred Income Annuity pension and longevity lists for the insurer’s MEMBERS® Future Income Annuity (Opens in new window) product, which turns a lump sum of money into a lifelong income stream.
According to Barron’s, the 50 best annuities “screened for the most competitive contracts across different types of annuities using assumptions such as age and size of investments.” Barron’s further narrowed its list to include only insurers with an A.M. Best financial strength rating of A- or above.
“We are proud to be ranked among the best annuities in the country,” said David Hanzlik, vice president of annuity solutions, CUNA Mutual Group. “In an industry with constant change and market uncertainty, we are focused more than ever on creating investment products and services that are easy to understand. We’ve served financial institutions and advisors with innovative products for more than 80 years, and we play a critical role in helping people make choices that support their financial goals.”
CUNA Mutual Group is well-known within the credit union industry and has recently expanded distribution of annuity products to other nationally known financial institutions and broker-dealers.
MEMBERS® Future Income Annuity is sold through licensed representatives. To learn more about the annuity’s benefits, costs, and other important information, call 1.888.888.3940, or visit www.membersproducts.com (Opens in new window).
About CUNA Mutual Group:
CUNA Mutual Group is a financially strong insurance and investment company. For generations, we’ve partnered with credit union leaders to protect and grow their businesses, and help people plan, protect and invest for their future. CUNA Mutual Group offers commercial and personal insurance products; lending and payment security solutions; and retirement, investment and marketing services. Additional information about the company can be found at www.cunamutual.com.
About MEMBERS® Future Income Annuity:
MEMBERS® Future Income Annuity is underwritten by CMFG Life Insurance Company (CMFG Life).
CUNA Mutual Group is the marketing name for CUNA Mutual Holding Company, a mutual insurance holding company, its subsidiaries and affiliates. Annuities are issued by CMFG Life Insurance Company (CMFG Life) and MEMBERS Life Insurance Company (MEMBERS Life) and distributed by their affiliate, CUNA Brokerage Services, Inc., member FINRA/SIPC, a registered broker/dealer and investment advisor, 2000 Heritage Way, Waverly, IA, 50677. CMFG Life and MEMBERS Life are stock insurance companies. MEMBERS® is a registered trademark of CMFG Life. Investment and insurance products are not federally insured, may involve investment risk, may lose value and are not obligations of or guaranteed by any depository or lending institution. All contracts and forms may vary by state and may not be available in all states or through all broker/dealers. Base Policy Forms ICC13-DIA, ICC13-DIA(B) and 2013-DIA. Base Endorsement Forms: ICC14-ISDCHNG, 2013-ISDCHNG, ICC13-ACCEL, ICC13-ACCEL(B) and 2013-ACCEL.