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Pop Quiz - What’s a fraternal benefit society, anyway?

Thrivent Financial for Lutherans is a fraternal benefit society. Do you know what that means? Test your knowledge of fraternal benefit societies and Thrivent Financial by taking the following quiz.

  1. A fraternal benefit society must:
    1. Have members who share a common bond
    2. Have local chapters or lodges
    3. Offer life insurance to its members
    4. Have a representative form of government
    5. All of the above
  2. Thrivent Financial is one of more than 70 fraternal benefit societies in the United States. Which of the following is not a fraternal?
    1. Sons of Norway
    2. Knights of Columbus Insurance Society
    3. Kiwanis International
    4. Royal Neighbors of America
    5. Polish National Alliance
  3. Who can become members of Thrivent Financial for Lutherans?
    1. Lutherans
    2. Families of members
    3. Employees of Lutheran organizations and institutions
    4. A, B and C
    5. Only A and B
  4. Thrivent Financial and its subsidiaries offer which of the following products?
    1. Life and disability income insurance
    2. Mutual funds
    3. Health savings accounts
    4. Only A and B
    5. A, B and C

 


 

Answers:

  1. E. Thrivent Financial serves Lutherans, their families and persons closely affiliated with Lutheran institutions. Members are organized into local chapters that carry out the legal purposes of the society which include educational, charitable, social, religious, benevolent, moral, fraternal and patriotic activities. Life insurance is just one of several products offered to members through Thrivent Financial and its subsidiaries. And, finally, adult benefit contract members vote directly for the board of directors, which represents their interests.
  2. C. Kiwanis International is a service organization.
  3. D. All Lutherans, families of members and those persons closely affiliated with Lutheran organizations are eligible for membership.
  4. E. Thrivent Financial for Lutherans and its subsidiaries, Thrivent Investment Management Inc. and Thrivent Financial Bank, offer a wide range of products and services.

 

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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 Tuesday, January 9, 2007 at 3:31 PM