Insurance Versus Assurance. Part [4] 04/09/2025 (Morning thought)

Jeremiah 17:5 Thus saith the Lord; Cursed be the man that trusts in man, and makes flesh his arm, and whose heart departs from the Lord. 6 For he shall be like the heath in the desert, and shall not see when good cometh; but shall inhabit the parched places in the wilderness, in a salt land and not inhabited.

Insurance generally deals with calamities after they occur. That is the main difference, and it is a huge one, especially when insurance companies are not able to honor their financial obligations because of being financially strapped. With life insurance, benefits might be paid out, but someone may have to die first. With your home insurance too, benefits might be paid out, but your house will have to either burn down first, or some hurricane or tornado would have to destroy it and the valuables inside it, before your insurance will kick in.

This is what is currently unfolding in California after the deadly wildfires devastated some communities. This is what is also taking place in certain parts of Florida, Georgia, and the Carolinas after hurricane Helene literally razed many properties and buildings to the ground. Insurance companies might step up to the plate, but you will have to suffer the destruction first, let alone the hassle of trying to rebuild, and the wrangling, or back and forth which often takes place between the insurer and the insured, as companies may become hesitant to pay out such enormous sums as a result.

With the Scriptural type of assurance, God, in some instances may prevent or turn away the hurricanes, the tornadoes, and the wild fires from doing their dirty work in the first place, so that you would not need insurance at the back end. Again, as we stated before, this is subject to God’s will in situations that He deems appropriate and/or necessary.

Psalms 91:5 Thou shalt not be afraid for the terror by night; nor for the arrow that flies by day; 6 Nor for the pestilence that walketh in darkness; nor for the destruction that wastes at noonday. 7 A thousand shall fall at thy side, and ten thousand at thy right hand; but it shall not come nigh thee.

The Lord add His blessing to the study of His word. God bless!

Insurance Versus Assurance. Part [3] 04/09/2025 (Evening thought)

Isaiah 4:5 And the Lord will create upon every dwelling place of mount Zion, and upon her assemblies, a cloud and smoke by day, and the shining of a flaming fire by night: for upon all the glory shall be a defense. 6 And there shall be a tabernacle for a shadow in the day time from the heat, and for a place of refuge, and for a covert from storm and from rain.

The following is a breakdown of the costliest hurricanes, almost all of which have occurred within the last twenty five years: Katrina 2005 3 $201.3B, Harvey 2017 4 $160.0B, Ian 2022 4 $119.6B, Maria 2017 4 $115.2B, Sandy 2012 1 $88.5B,  Ida 2021 4 $84.6B, Helene 2024 4 $78.7B, Irma 2017 4 $64.0B, Andrew 1992 5 $60.5B, Ike 2008 2 $43.2B, Milton 2024 3 $34.3B, Ivan 2004 3 $34.0B, Michael 2018 5 $31.2B, Florence 2018 1 $30.0B, Wilma 2005 3 $30.0B, Rita 2005 3 $29.4B, Laura 2020 4 $28.1B, Charley 2004 4 $26.6B.

After Hurricane Andrew devastated South Florida in 1992, with up to 200 mph winds, some insurance companies went out of business permanently, for even though they had given customers their word, the bills that came due were just too great for them to handle. Thus, some were forced into insolvency. That’s a problem, for if after paying for many years, your premiums which are sky high, only to find out that your insurance does not have the capacity to foot the bill for repairs when they come due you can get left holding the proverbial bag, as many persons are finding out, more and more.

 This requires that we first understand the difference between assurance, as it comes from God, and the insurance industry, as we know it. Assurance, as it comes from God, according to His providential will, takes care of potential disasters before they come, so that the God-model is prevention is better than cure.

Isaiah 25:3 Therefore shall the strong people glorify thee, the city of the terrible nations shall fear thee. 4 For thou hast been a strength to the poor, a strength to the needy in his distress, a refuge from the storm, a shadow from the heat, when the blast of the terrible ones is as a storm against the wall.

May God add His blessing to the study of His word. “Good night” and God bless!