What is the grace period and reinstatement?
All contracts have a grace period of at least 30 days. If your contract enters the grace period status, you will receive more information by mail. Payment must be received in our office by the last day of the grace period. If payment is not received in our office by the end of the grace period, a reinstatement form and payment must be submitted. To obtain the necessary paperwork, please contact a Thrivent Financial representative or the Customer Service Center.