ThroughGod’s gifting, Joseph humbly interpreted Pharaoh’s dreams, recognizing that the cows and grain pointed to seven years of abundance followed by seven years of famine. As a visionary, he knew someone ought to plan ahead. As a delegator, Pharaoh appointed Joseph to the task.
In Genesis, we find one of the most powerful examples of stewardship and resource planning. During the years of abundance, Joseph oversaw the storage of excess grain in preparation for the famine. When the famine came, not only were the people of Egypt provided for, but Joseph’s family and others in nearby regions were aided as well.
This Biblical truth reminds us of stewardship practices we can make today, especially when it comes to Long-Term Care insurance. As Joseph prepared for a future period of scarcity, we can prepare for the possibility of needing care in later years.
The Biblical Principle of Stewardship
Stewardship is a recurring theme throughout the Bible. We are called to manage our resources—time, talents, and finances—in a way that honors God and provides for our families and neighbors. Proverbs 21:20 says:
“The wise store up choice food and olive oil, but fools gulp theirs down.”
This verse echoes Joseph’s wisdom, and the prudence of planning ahead.
Long-Term Care insurance, for many, aligns with this principle. It’s not about fearing the future—it’s about preparing wisely, just as Joseph did.
Why Long-Term Care Insurance Matters
Preserving Dignity: Long-Term Care insurance helps ensure that individuals can afford needed care—whether at home, in assisted living, or in a nursing facility—without relying solely on family or government assistance.
Relieving Burden: It spares family members from having to make difficult financial and caregiving decisions under stress.
Protecting Assets: Without Long-Term Care coverage, the cost of care can quickly erode retirement savings, leaving little behind for heirs or charitable giving.
In the parable of the talents, we’re reminded of the servant who buried his talent instead of investing it. By allocating a portion of assets toward Long-Term Care, we allow other capital to be invested for long-term purposes—such as leaving a legacy—while still ensuring future care needs are met.
Joseph’s Legacy in Today’s Planning
Joseph didn’t wait for the famine to begin before taking action. He used the years of abundance to prepare. Similarly, the best time to consider Long-Term Care insurance is during the “years of plenty”—when health is good, and costs are manageable.
This proactive mindset reflects trust in God’s provision and honors the resources God has entrusted to us.
Faithful Preparation
Long-Term Care insurance is more than a financial product—it’s a tool for prudent decision making. Just as Joseph stored grain to protect and provide for others, we can use today’s resources to prepare for tomorrow’s uncertainties. In doing so, we live out the wisdom of Proverbs and the foresight of Joseph, ensuring that our legacy is one of care, compassion, and responsibility.
Planning or Trusting?
Jesus reminds us in Matthew 6:19–21:
“Do not store up for yourselves treasures on earth, where moths and vermin destroy, and where thieves break in and steal. But store up for yourselves treasures in heaven.... For where your treasure is, there your heart will be also.”
And again, in Matthew 6:26:
“Therefore, I tell you, do not worry about your life, what you will eat or drink; or about your body, what you will wear. Is not life more than food, and the body more than clothes?”
There’s often a tension between planning for the future and trusting in Jesus. Do we prepare, or do we rely on Him? The answer is “yes.” As believers, we recognize that this world is not our home; we’re just passing through. While we don’t live in fear of the future, we are called to steward wisely what God has entrusted to us on this earth. Like Joseph, we can prepare during seasons of abundance, not out of anxiety, but out of faithfulness. Every wise decision we make with our resources is an opportunity to love God, care for others, and live out our trust in His provision—through both abundance and famine.
An Invitation to Stewardship
At Covenant, we invite you into a conversation about Biblical planning. If you're in a season of abundance—before health declines and while resources can still be set aside—it’s time to talk about Long-Term Care. Together, let’s explore how Joseph’s example can guide intentional planning and faithful stewardship today.