Comments on: Life Insurance Tithing

By: Anonymous

Anonymous — Tue, 25 Mar 2008 22:11:05 +0000

an ottawa evangalist was asking people on TV to cash in there life insursance policies, if they were short of cash…in 07…. I couldnt believe it….it was Bill Prankard

By: Janni

Janni — Wed, 19 Mar 2008 16:09:15 +0000

I am quite afraid of the insurance companies, i heard lot of horror stories about them when time comes for them to pay back.

By: Anonymous

Anonymous — Tue, 04 Mar 2008 18:20:17 +0000

Same here, my grandmother died last year and left me $100,000 and it didn't feel right to me when I was spending it. So what I did was spend it as soon as I could, I bought a $40,000 car and spent the rest on my house.

I wasn't going to give it away to charity as I already give a small amount every year to cancer research.

By: ltbugaf

ltbugaf — Thu, 01 Mar 2007 07:28:20 +0000

If my wife, parent, etc. died and I received the proceeds from the policy benefit, I don’t see how I could view that money as not being “income.” So I would feel obligated to tithe it.

By: JM

JM — Wed, 28 Feb 2007 19:31:16 +0000

This is an interesting one.

If I had paid the premiums over the years, and if I had paid tithing on the money used to pay the premiums, I don’t think that I would be obligated to pay a tithe on the full amount.

So I’d probably pay a portion proportional to the amount of money received minus the premiums paid. But since “partial” isn’t an option, I’d say yes.

By: Kim Siever

Kim Siever — Wed, 28 Feb 2007 19:19:13 +0000

Someone died.

By: JM

JM — Wed, 28 Feb 2007 19:16:28 +0000

What do you mean by cashed in? Is this term or whole? Are you receiving the money as a result of someone dying or just taking out your equity in the policy?