You do not have to be a Lutheran to purchase a life insurance policy from Thrivent Financial for Lutherans. Thrivent Financial for Lutherans was officially formed on January 1, 2002 with the merger of the Aid Association for Lutherans and the Lutheran Brotherhood. The merger formed one of the largest fraternal benefit societies in the United States. Recently, Thrivent Financial Life Insurance has been named to Wards List of Top 50 Producers of life insurance. Thrivent Financial is listed on the Fortune 500.
The Current President and CEO is Bruce J. Nicholson.
The Company has dual headquarters in Minneapolis, MN and Appleton, WI
The Company currently claims more than $60 billion in total assets
According To The Company
The Thrivent Life Insurance Company offers a wide range of health and life insurance products, from hospital and medical insurance policies to Medicare Supplemental insurance. Long-term care coverage, annuities, whole and term life insurance policies are all part of the family of products.
A faith based membership organization, the company recognizes that life insurance needs change over time, and offers a variety of life insurance options for its individuals and business members. Thrivent offers a full line up of life insurance products including: Term Life Insurance, Whole Life Insurance, and Universal Life Insurances options.
Whole Life – Remains in effect as long as you live and make the required payments. A portion of the monthly premium is invested in a savings account at a fixed interest rate.
Universal Life – Offers more flexibility than Whole Life. Investments are spread out over a variety of funds, with the potential for greater return. Death benefit amounts can be changed over time with a Thrivent Universal Life insurance policy.
