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News & Events

Christian View of Life Insurance: A Lack of Faith?

March 14, 2017

This article is not intended to offend those in our communities with differing views on insurance but rather encourage discussion on life insurance. We warmly welcome the opportunity to discuss this further with readers of this article.      - Ryan Van Niejenhuis

 

 

Would you fly in a single-engine plane without a parachute?

Would you go whitewater rafting without a life preserver?

Would you travel the desert without a canteen?

If not, would that show a lack of faith in God?

You may say that’s absurd, but many people consider insurance a lack of faith.

Many people choose self-insurance or go without insurance while others take on too much insurance. During downtimes, insurance can be a financial lifesaver. But is it wise and godly to protect against illness, death, accident, or theft? Many Christians refuse insurance simply because they argue that it takes God out of the picture. However, God’s Word instructs us to prepare for good and bad times.

When insurance is used properly it can help a family during a major illness or disability, it can provide replacement income for the loss of a spouse, it can rebuild a damaged home, and it can pay medical bills during an extended stay in a nursing home.

Insurance will never cover every catastrophe, but it can be a wise way to protect the assets and income God blesses you with. You should also be careful not to allow insurance to be a replacement for God. Balancing wise planning and faith in God should be the goal of every protection plan – enough to protect your family, but not so much as to limit your dependence on God.

Balancing Insurance and Faith in God

In his book Money, Possessions, and Eternity, Randy Alcorn asks, “But where does God fit into all this? The greatest danger in insurance is that it so easily undermines our sense of dependency on God. Is insurance a God-given means of provision, or is it in reality a theological end-run that makes trusting God unnecessary?”

The act of buying insurance in itself doesn’t show a lack of trust in God; instead, it demonstrates proper planning. God clearly wants us to provide for our families as demonstrated in 1 Timothy 5:8 NIV:

Anyone who does not provide for their relatives, and especially for their own household, has denied the faith and is worse than an unbeliever.”

But we cannot be too greedy and slothful with our insurance policies either. 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.

This article was used with permission from SeedTime. https://christianpf.com/christian-view-of-life-insurance. SeedTime (formerly ChristianPF) is a personal finance website dedicated to providing personal finance and money management advice from a Biblical perspective.


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