In reply to Charlotte Gebauer Koelling.

You might instead donate this policy, perhaps to a pro-life ministry, after you consult with a qualified tax advisor, etc. This is done by irrevocably transferring ownership of the policy to the charity after getting the forms from Thrivent to do so. The charity may elect to hold it until it "matures" (you die) or cash it in sooner than later - their choice. (Make sure the charity verifies they are indeed the owner of the policy after you do this.)

The contribution of a policy usually produces a charitable deduction equal to its cost basis (what $ you put into it), with no increase for the ordinary income component of the policy. See Sec. 170(e) and Rev. Rul. 78-137. Don't overlook this tax deduction, should the situation warrant.