Thrivent is a Fortune 500 diversified financial services organization, providing advice, investments, insurance, banking and generosity programs and solutions so people can make the most of all they've been given. Connect with us. Thrivent is the original purpose-based company. We believe money is a tool, not a goal.

Thrivent ranks No. 1 on Forbes' list of 2023 America's Best Insurance Companies in the term life insurance category.

Thrivent is a fraternal benefit society that issues Thrivent fixed and variable life insurance, health insurance, variable annuity, fixed indexed annuity, and fixed-rate annuity contracts.

The life you've built is worth protecting. Find coverage that supports loved ones after you're gone. A Thrivent financial advisor can guide you through your options so you can make a choice that fits your goals.

We believe humanity thrives when people make the most of all they've been given. Our organization helps people achieve financial clarity, enabling lives of meaning and gratitude. We serve our clients and communities with compassion, committing in heart and mind to put empathy and care into action.

Cash out your policy (cancel your contract) You may incur a tax penalty if you take all the cash value available. You'll be taxed on any money you receive that is greater than what you made in payments while your contract was active. You'll have cash, but you won't have life insurance anymore.

Fees are Average compared to funds in the same category. Thrivent Aggressive Allocation Fund has an expense ratio of 0.77 percent.

At Thrivent, we believe money is a tool, not a goal. Driven by a higher purpose at our core, we strive to help people make the most of all they've been given. As a holistic financial services organization, we're here to help people achieve financial clarity, enabling lives full of meaning and gratitude.

About Thrivent Thrivent carries ratings from independent rating agencies which demonstrate the strength and stability of the organization, including an A++ rating from AM Best; an Aa2 rating from Moody's Investors Service; and an AA+ rating from S&P Global Ratings.

Thrivent Financial for Lutherans (Thrivent) is a long-standing organization that provides a standard lineup of life insurance products at affordable pricing.

This policy solely includes a death benefit that your beneficiaries may receive if you die before the end of the policy's term. Permanent life insurance, such as universal and whole life policies, comes with a death benefit and a cash value account that you may can cash out while you're still living.

Surrender your life insurance policy This option allows you to withdraw the entire cash value of your life insurance policy, which in turn surrenders your coverage. You'll receive all the money you've paid towards your coverage and any interest you've earned.

A++ About Thrivent Thrivent carries an A++ (Superior) rating from AM Best, a credit rating agency; this is the highest of the agency's 13 rating categories and was affirmed in June of 2022. Rating based on Thrivent's financial strength and claims-paying ability. Does not apply to investment product performance.

$10 Fees. Semiannual low balance fee of $10 may apply for those accounts not maintaining minimum balance requirements. See the Prospectus for more information. Additional account fees may apply for certain services and are redeemed directly from your account.

LTC insurance is one of Thrivent's most popular offerings, thanks in part to the varied benefits and easy-to-use LTC cost calculator. If you are considering insurance to help pay for assisted living, in-home care, or another form of long-term care, Thrivent is a great option.

However, according to the Life Insurance Settlement Association. That means if your policy has a $100,000 benefit, you might receive $20,000 from selling it. Life settlement companies base their offers on many of the same factors life insurance companies use to determine your premiums.