Tag Archives: Wal-Mart

WANTED: DEAD OR DEAD – CORPORATIONS CLEAN UP ON DEAD EMPLOYEES

Posted on December 4, 2008 by

A little known but widespread life insurance practice nicknamed “dead peasant insurance” is providing large corporations with a bounty of cash – conditioned, unfortunately, upon their employees’ deaths. The insurance – officially called corporate-owned life insurance (COLI) – has been … Continue reading →

Posted in Business, Consumer Affairs | Tagged , | 6 Comments