Wednesday, July 23, 2008

Thrivent Plans Online Bill Pay

Posted by Mark Brousseau

If you’re among the nearly 75 percent of Thrivent Financial members who mail in account payments, a new payment features may change the way you pay your premiums.

According to the most recent issue of Thrivent magazine, Thrivent Financial is introducing a feature that allows members to make online payments for their traditional, universal and variable universal life contracts; fixed and variable annuities; and disability income, long-term care and Medicare supplement contracts. Members also can make a purchase into their existing mutual fund accounts.

As an added benefit, the system allows members to quickly submit a payment in a “just in time” situation to avoid the potential lapse of a contract due to nonpayment.

The online payment feature will be available this summer and can be accessed through www.thrivent.com.

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