To: DouglasKC
What a crowd. I only have one question for y'all. Would you begrudge the Church if it took an equal amount of money from the proceeds of the man's life insurance? I would say that taking life insurance out for yourself is never a matter of personal greed or covetness because if you "win" you don't get the money anyways.
Au contraire. Life insurance is nothing but a gamble. The company gambles that you will live long enough to pay premiums to make the final payment easy for them. You are gambling that your monthly premium will pay off more than some other investment will.
That you are dead when you collect doesn't really have a bearing on it. Your beneficiaries still receive the money. You "covet" it for the use of your family.
SD
To: SoothingDave
I disagree. Life insurance is a testimony of love for loved ones. Especially yrs ago when women did not work. Preminums were hard to pay, but men did it so that their wife and children would be able to survive if something happened to them. That is not greed IMO.
Becky
To: SoothingDave
Au contraire. Life insurance is nothing but a gamble. The company gambles that you will live long enough to pay premiums to make the final payment easy for them. You are gambling that your monthly premium will pay off more than some other investment will.
Absoloutely, positively wrong. At least in my case. When my financial obligation to the welfare of my wife and children was finished, my need for life insurance was finished. There simply was no other way I could guarantee they would be provided for.
51,668 posted on
05/06/2003 7:49:31 AM PDT by
OLD REGGIE
((I am a cult of one! UNITARJEWMIAN))
To: SoothingDave
Au contraire. Life insurance is nothing but a gamble. The company gambles that you will live long enough to pay premiums to make the final payment easy for them. You are gambling that your monthly premium will pay off more than some other investment will.
That you are dead when you collect doesn't really have a bearing on it. Your beneficiaries still receive the money. You "covet" it for the use of your family. Maybe, but I have a hard time defining "covet" as something you wish others to have.
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