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May 10, 2024 · The focus of this post is to look at the biblical principles that can be helpful when evaluating life insurance, how to apply them when considering insurance, and the areas of concern to watch out for.
Jan 4, 2022 · A Christian’s getting insurance is a matter of conviction; a Christian with insurance should be personally convinced that God wants him to have insurance, and a Christian without insurance should be personally convinced otherwise. Here are some of the biblical principles to guide us: we are to obey the authorities over us.
Life insurance is a financial tool just like a mutual fund, a stock, or a CD. These tools are morally neutral. The attitude in using the tools determines whether insurance is being used properly in God’s eyes. Insurance should not be bought because of fear but rather with faith.
From a spiritual standpoint, the Bible is neutral about insurance. The Bible does not promise Christians that God will provide all the money they need for medical treatments or mortgage payments. God does promise to care for us, but not always in the way we expect or would prefer (Matthew 6:31-33).
Term insurance or term plan is arguably the most commonly sought life insurance plan and it is often considered as the purest form of protection policy. In a term insurance, the life cover benefit is offered for a specified period of time also known as a “term”.
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Oct 22, 2024 · There are two main types of life insurance: term life and permanent life. Then, there are several subtypes of permanent life insurance to consider. To get you started, here’s an overview of...
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Sep 20, 2023 · Term life insurance helps provide simple protection for a set period of time, typically offering 10-, 15-, 20- and 30-year contracts. Its sole purpose is to provide a death benefit to your dependents when you die. Term is the most affordable type of life insurance.
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