[Avodah] Halachic Life Insurance

Joel Rich joelirarich at gmail.com
Tue Feb 14 19:53:42 PST 2023


My note on an argument why to buy life insurance:
Just keep in mind that if you think it’s a good omen to buy insurance
because the insurance company will benefit from your long life (owners are
wealthy and wealthy have good financial mazal, it would imply that one
should not purchase an annuity since insurance company benefits from early
mortality.( You can’t take the actuary out of me [image: 🙂])
And then my follow-up thought:
Undoubtedly. It’s much like, in my mind, the change in practice about going
to doctors rather than just relying on faith. World changes, and certain
risks that could not be dealt with in the past now can be. but sometimes
folks seem to need halachic cover rather than just accepting that. Chazal
were dealing with a different world.
Your thoughts?
KT
Joel Rich
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