From the article:
his life has been insured in a lump payment for the amount of £I,000
If the lender takes risks, -- which is not the example on hand, but surely a possibility, -- perhaps he should not lend the money at all, or lend it and suffer the risk. But he may not ask interest of a man who will not be able to work and increase the wealth. That would be usury.
My bad. What if he had no insurance.
Also, what are his obligations to the man, period. Does he OWE him this? If so, why, rather than somebody else. We are commanded to charity, but there may be other worthy causes?
I’m not disagreeing that as Christians we would please God to donate the money, or even loan it on the security of the insurance. I’m just saying most of the world is either not Christian or only nominally so, and that while we are here, we are to be in it, but not of it.
Ah, but he may charge interest.
Surely, don’t you think, that if usury were a sin, it would also be a sin for the man taking the usorious loan.
Anyway, loans between two individual may be one thing, but coporate organizations cannot survive under such a principle.