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Working in the Insurance business

  • 13-08-2009 5:45pm
    #1
    MooseJam
    Closed Accounts Posts: 5,111 ✭✭✭


    Not sure why this occured to me today but it did, some branches of christianity are against gambling - not sure which ones or if it is just frowned upon or considered a sin. Insurance is gambling - is it considered a no no by any christians to work in the business, I'm just curious.


Comments

  • #2
    toiletduck
    Registered Users, Registered Users 2 Posts: 2,379 ✭✭✭toiletduck


    Ned Flanders considers it so. Damn hurricane!


  • #3
    thebiglad
    Registered Users, Registered Users 2 Posts: 1,672 ✭✭✭thebiglad


    Insurance is actually social - many pay in so that the few may claim - even fewer start out their insurance with the expectation of making a claim.

    Insurance also provides a protection to society in general by its operation - nobody could dissaprove...

    In gambling many pay in for the benefit of few winners but all expect to get something out of it!!


  • #4
    JimiTime
    Registered Users, Registered Users 2 Posts: 7,418 ✭✭✭JimiTime


    Nice one. Sorry Garda Murphy, its against my religion. Could you work on tax now MJ?

    Seriously though, simply put, Insurance is not gambling.


  • #5
    homer911
    Registered Users, Registered Users 2 Posts: 5,150 ✭✭✭homer911


    I think you need to check the definition of gambling

    http://en.wikipedia.org/wiki/Gambling

    Insurance is also for the benefit of 3rd parties...


  • #6
    PDN
    Closed Accounts Posts: 13,686 ✭✭✭✭PDN


    Not having insurance would seem more of a gamble to me.


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  • #7
    2Scoops
    Registered Users, Registered Users 2 Posts: 1,845 ✭✭✭2Scoops


    What about working in insurance - the moral implications of denying claims to increase your profit margin?


  • #8
    philologos
    Closed Accounts Posts: 22,479 ✭✭✭✭philologos


    As for gambling, this is based on making money in haste, I thought:
    Proverbs 28:20 wrote:
    The faithful will abound with blessings,
    but one who is in a hurry to be rich will not go unpunished.

    Insurance isn't a means to make money in haste, neither is a lot of gambling. It depends what our motives are.


  • #9
    Fanny Cradock
    Registered Users, Registered Users 2 Posts: 10,245 ✭✭✭✭Fanny Cradock


    2Scoops wrote: »
    What about working in insurance - the moral implications of denying claims to increase your profit margin?

    Well, I'm sure that the insurance companies would disagree with that assesment. They would probably say something like, "we enter into contracts with a clinents and hedge against an accident befaling these clients or their properties based on the statistical likelihood of a given event occuring".


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