Disability Income Insurance Benefits

Have you examined what would happen in your life if you lost even one full year of income due to a disability or illness? You would probably still have bills and other financial responsibilities, even if you wouldn't have the income to cover them. Disability income insurance can help ease the burden.

How It Works

If you become unable to work due to a qualifying illness or accident, disability income (DI) insurance can help cover a portion or all of your monthly obligations, up to the amount of coverage you purchased. It's flexible and works in a variety of situations, whether your employer provides disability coverage or you're self-employed.

Features and Benefits

Disability income insurance from Thrivent Financial for Lutherans offers:

• Flexible Deductible Periods – You choose the waiting period that's right for you. Options range from 1 to 24 months.
• Maximum Coverage Periods – Choose the coverage period that meets your needs – from 6 months to 10 years or to age 65 or 70.
• Monthly Benefit Amounts – The amount of your benefit is based on your current income and occupation class and can range from $500 to $16,000 per month.
• Stay-at-home Spouse Coverage – Thrivent Financial for Lutherans is one of only a few insurers who offer disability income insurance to stay-at-home spouses, up to a maximum monthly benefit of $750.
• Additional Riders: You can purchase one or more riders to customize your policy and ensure you have adequate protection.
  1. Future Purchase Option Benefit, which allows you to purchase additional insurance on specified dates if your income justifies it, regardless of your health.
  2. Indexed Disability Income Benefit, which adjusts your disability income benefits annually while you're receiving them to help offset inflation.¹
  3. Regular Occupation Definition of Disability, which continues benefits if you become disabled from your current line of work, even if you can continue doing a different job part time.²
  4. Social Insurance Offset Benefit, which is paid in addition to your base disability income benefit less any payments received from social insurance programs.³
  5. Supplemental Disability Income Benefit, which provides protection in addition to existing disability income coverage you may already have.
• No benefits will be paid for (exclusions vary by state):
  1. Pre-existing conditions^{4, 5} during the first two years after the issue date, unless they are disclosed in the application and not excluded from coverage by name or description.
  2. Disability or any other loss caused by any of the following:
     1. Attempted suicide, while sane or insane.
     2. Intentionally self-inflicted injury, while sane or insane.
     3. Any act of war, declared or undeclared, or any act incident to war.
     4. Sickness or injury, which occurs or begins whole on full-time active duty with the armed forces of one or more countries. This does not apply to a period of two months or less of active duty for training purposes only. Upon Written Notice we will refund the portion of any premium paid for any periods of full-time active duty not covered.
     5. Pregnancy, childbirth or elective abortion.⁶ But we will not deny the benefits in the event of disability due to Complications of Pregnancy.
  3. Any period the insured is incarcerated.

For more information about costs, complete details of coverage, exclusions, reduction of benefits and terms, contact a Thrivent Financial representative.

Partial benefits may be offered in situations where you may only be able to work part time. Product features may not be available in all states and may vary by age and occupation class. Disability income insurance benefits carry restrictions, and benefits may not be available for all types of injury or illness. Your Thrivent Financial representative can tell you more about disability income insurance restrictions.

¹ In California, rider called Disability Income Inflation Protection Benefit.

² In California, rider changes definitions of Total and Partial Disability to be based on regular occupation when disability begins.

³ In California, rider called Social Insurance Substitute Rider. Substitute benefits cease when social insurance benefits begin.

⁴ In Idaho, pre-existing condition is defined as an injury or sickness that was diagnosed or treated within six months before the issue date, or for which symptoms were present during those six months that would cause a prudent person to seek diagnosis, care or treatment.

⁵ In Texas, pre-existing condition is defined as an injury or sickness for which medical advice or treatment was recommended by a doctor or received from a doctor within two years before the issue date, or for which symptoms were present during those two years that would cause a prudent person to seek diagnosis, care or treatment.

⁶ In Idaho, elective abortion is excluded except to preserve the life of the female upon whom the abortion is performed.

Contract forms: 12124, 12125 Series, ID12124, ID12125. Rider forms: 12126, 12127, 12128, 12131 and 12136.

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