Aid Association for Lutherans

Phone

800-847-4836

Address

Minneapolis Office, 625 Fourth Avenue S., Minneapolis, MN, 55415-1624,

Website

http://www.aal.org/

Company Profile

Aid Association for Lutherans was acquired by Lutheran Brotherhood on 01/02/2002. Aid Association for Lutherans (AAL) is an insurance company that provides life, disability income, long-term care, and business insurance services. The company offers financial services like estate planning, mutual funds, brokerage services, and investment management services.

In June 2001, after close consideration of how combining the two organizations would benefit members, AAL and LB agreed to merge. Following the merger, a new operating name was approved by members: Thrivent Financial for Lutherans.

LIC Review

According to the Life Insurance Companies Value Index, their term life insurance does not consistently rank within the top 50 independent life insurance companies in terms of overall value. Their term life insurance rates appear higher than the most competitive independent life insurance companies available in the U.S. today.

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