Delivering value to our clients

A dividend is money that’s distributed when a company performs better than expected. You may be familiar with dividends that are paid out to stock company shareholders. But as a not-for-profit fraternal organization that’s owned by our membership, we don’t have shareholders. So, our dividends are paid out to eligible clients as a way to share in our success. When our actual results are better than what we expected they would be, we’re able to distribute some of our surplus to our clients—the owners—in the form of dividends.

Owners of participating Thrivent products may be eligible to receive a dividend.

Depending on the type of policy you have and the dividend option you’ve selected, you could be 
able to:

• Reinvest your dividends to increase your policy’s death benefit and cash value
• Use the dividends to reduce your premiums
• Take a cash payout of your dividends

Every year, the Thrivent Board of Directors determines how much of our surplus to set aside for growth of the company and to protect the ability to meet ongoing and future claims and other obligations. The remainder is distributed as dividends to the policies that contributed to the surplus.
Once the total dividend is determined, the amount each insurance policy owner receives reflects how their product contributed to Thrivent’s surplus.
The allocation of dividends is not based on the ups and downs of the market, but rather on a long-term view of how Thrivent policies performed across several factors, including:

• How many insurance claims we paid compared to how many we expected to pay;
• Performance of our underlying investments; and
• How much it actually cost to do business versus what we anticipated.