How Can Churches Bless Their Pastor with Life Insurance?

In this episode of Faith Stewardship and Insurance, host Ron Wadley discusses the importance of providing life insurance for pastors. The show focuses on church-owned life insurance policies, commonly known as key person policies, which serve to protect both the church and the pastor's family. Ron details the types of life insurance available—term, whole, and universal—and their respective benefits. This guidance is illustrated through the story of Tim from Abilene, who ensures his church's new pastor is well-protected. For further discussion on life insurance, connect with our church insurance team at insurancefortexans.com To learn more about all things church insurance, get a copy of our book The Promise of Certainty at thepromiseofcertainty.com 00:00 Introduction to Faith Stewardship and Insurance 00:26 Blessing Your Pastor with Life Insurance 01:20 Understanding Church-Owned Life Insurance Policies 02:10 Types of Life Insurance Explained 03:14 The Importance of Proper Policy Structure 03:52 Conclusion and Next Steps