Someone once wisely observed that the phrase life insurance is a bit misleading. He explained that the only thing that life insurance insures is payment of a fixed amount of money at the time of death. Life insurance cannot insure that life will continue for a single moment.
The only true life insurance is the death and resurrection of Jesus Christ from the dead. In John 14, as Jesus is preparing his disciples for his upcoming death and resurrection, he tells them, “Yet a little while and the world will see me no more, but you will see me. Because I live, you also will live.”
And in John 11 Jesus tells his good friend Martha, “I am the resurrection and the life. Whoever believes in me, though he die, yet shall he live, and everyone who lives and believes in me shall never die.”
Now having said this, I believe life insurance is still a good thing, especially if others depend on you for support. When you die, the proceeds of your life insurance policy will ensure that your loved ones are not left with difficult financial challenges in addition to their grief.
The best scenario is if we plan ahead to provide for our loved ones after we die with things like the proper amount of life insurance and, in addition, share with our loved ones our faith in God’s eternal life insurance through the death and resurrection of Jesus Christ.