What Are Some Services Offered by Lutheran Life Insurance?


Quick Answer

Thrivent Financial for Lutherans offers Term and Permanent life insurance policies. Term life insurance offers a fixed amount of insurance coverage for a specified time period and offers customers an affordable option for purchasing life insurance. Permanent life insurance covers long-term financial needs with insurance and cash value, according to Thrivent Financial's website.

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Full Answer

Customers who purchase life insurance through Thrivent Financial for Lutherans become benefit members with the company and receive additional benefits, states the company's website. Members who wish to donate money to Christian congregations or nonprofit associations can do so through the Choice Dollars program. The company provides identity monitoring services and online educational materials for financial planning and healthy living. Thrivent Financial members can also join Thrivent Financial Credit Union, which is one of the largest Christian-based credit unions in the United States.

Thrivent Financial for Lutherans ranked 333 on Fortune 500's list in 2014, up from 335 in 2013, according to Fortune 500. It has been on the list since 1993. The nonprofit company markets itself as a financial planning and wealth management company for Christians and has its headquarters in Minneapolis, Minnesota. The company increased its revenue by 5 percent from 2013 to 2014, and increased its profits by 81 percent during the same time period.

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