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 Billing & Payments

 

 

Your Accounts > Billing and Payment Methods > Payment Options Available > Group Payments
Group Payments
 
This payment option groups together contracts with the similar due dates on one payment notice. Requirements:
  • Available if frequencies are:
    • Monthly (Annuity, Mutual Funds, and Loans)
    • Quarterly (all lines of business)
    • Semi-Annual (Universal Life, Variable Universal Life, Annuity, and Mutual Fund)
    • Annual (all lines of business)
  • Due dates must be within 10 days of each other.
  • Payment notice may be sent to any contract owner within the account or to another person or entity.

To establish or add contracts to Group Payments the owner of the contract must complete and sign the Payment Services Request 23045C form.

*Notice to contract owners in the states of NY and NC:

Thrivent Financial for Lutherans is required by law to send a payment notice to the owner of the contract when life contracts are billed to someone other than the owner. The contract owner’s copy of the payment notice will indicate: "This contract is being group billed on a group bill account."

 
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Appleton Office:
4321 N. Ballard Road
Appleton, WI 54919-0001 USA
800-THRIVENT
(800-847-4836)
E-mail: mail@thrivent.com

Minneapolis Office:
625 Fourth Avenue S.
Minneapolis, MN 55415-1624 USA
800-THRIVENT
(800-847-4836)
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Thrivent Financial for Lutherans, Appleton, WI 54919-0001, is authorized to conduct business in all 50 states and the District of Columbia. NAIC # 2938-56014. Products issued by Thrivent Financial for Lutherans are available to applicants who meet membership, insurability, U.S. citizenship and residency requirements. Not all products described are available in all states. Thrivent Financial representatives are licensed insurance agents. Insurance and retirement products, where available, are individual contracts, (not group coverage), and issued by Thrivent Financial for Lutherans. Investment products are offered through Thrivent Investment Management Inc., 625 Fourth Ave. S., Minneapolis, MN 55415-1665, a wholly owned subsidiary of Thrivent Financial for Lutherans. Member FINRA. Member SIPC. Thrivent Financial representatives are registered representatives of Thrivent Investment Management Inc.

Bank products and trust services are offered through Thrivent Financial Bank, 2000 E. Milestone Dr., Appleton, WI 54919-0006 (Member FDIC, Equal Housing Lender), a wholly owned subsidiary of Thrivent Financial for Lutherans. Insurance, investment products, securities, trust, and investment management services and accounts are not deposits, are not FDIC insured, are not insured by any federal government agency, and are not guaranteed by Thrivent Financial Bank. Variable insurance contracts, investment products, trust, and investment management accounts may go down in value.

©1995-2008 Thrivent Financial for Lutherans

This document was last updated on Friday, October 5, 2007 at 4:44 PM