MEMBERS Life Insurance Co has recently filed a supplement detailing the effects of a cybersecurity incident that disrupted its ability to process new contract applications. This update is significant as it outlines the company's recovery efforts and the steps being taken to resume normal operations.

MEMBERS Life Insurance Co, classified under the SIC code 6311 for life insurance, is based in Waverly, Iowa. The company primarily operates in the investment sector and has been active in filing various documents with the SEC, including recent filings on November 3, 2026, related to their contract offerings.

The recent filing, accession number 0001562577-26-000386, states, "We have begun issuing Contracts for pending applications received before and during the outage resulting from the cybersecurity event." This indicates that the company is taking steps to address the backlog caused by the incident.

The impact of this cybersecurity event may affect both current and prospective contract holders, as the company works to process applications that were delayed. The filing highlights the company's commitment to treating contracts for pending applications as if they had been issued on the date they would have been issued had the outage not occurred.

As for what’s next, the filing does not specify any upcoming actions beyond the ongoing issuance of contracts in phases over the next several weeks. The company is focused on ensuring that applications received in good order are processed efficiently, while also addressing any applications that require additional information.