I also have the same sentiments toward the said wallet. I've been using Trust wallet for almost five years and so far, all my transactions have been smooth. I didn't encounter any hacking incidents because I made sure that the application itself have a safe and secure password to protect it. Sometimes, the safety of our funds depends on how we handle them responsibly. Be careful in all the clicks that you do because scammers are just everywhere on the internet.
As long as it saves the seed phrase then it will be safe apart from the password which is hard to create so it won't be easy to crack anyone.
The ones that get hacked the most are those who like to connect their wallets to DeFi that are not clear like new sites that offer cheap tokens, airdrops that always link to their sites so this is vulnerable to being hacked because there have been many incidents of this but they don't realize that it was self carelessness.
But if you use trustwallet only to receive coins and send coins then it will still be safe.