Monday, October 31, 2011

Is insurance permitted?


Purchasing insurance is considered part of normal commerce and investment, and is not considered a sign of deficient faith. Just as we are instructed to engage in business in order to survive economically, so we may purchase insurance - life insurance, disability insurance, and so on.

(Rav Moshe Feinstein, Igrot Moshe Orach Chaim 2:111)

Have a great day,

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