The bottom line is, don't try to protect or profit through insurance. Use it to provide . Typically, the average young family is under insured because they purchased expensive insurance with limited dollars. With good long range planning a family can eventually buy insurance that provides cash accumulation, annuity, etc. But with limited funds they need the best policy with the lowest initial cost.
Term insurance provides the highest coverage at the lowest initial cost.
In order to keep insurance in balance, Christians must consider two principles from God's Word. God does not want us to worry, but He does want us to plan . As discussed previously, insurance of any kind is a means of providing, not protecting and not profiting. If God has provided the assets to cover a loss, then insurance is unnecessary. For instance many families carry health, auto, and home insurance that have very small deductible amounts.