Your Employer May Profit from Your Death
Did you know your employer could take out a life insurance policy on you without you knowledge or consent? The practice is called “Dead Peasant Insurance” where secret life insurance policies are taken out for low-level employees with the benefits paid to the company upon the employee’s death, regardless if they still work for the company. The practice was highlighted in Michael Moore’s recent movie, “Capitalism, A Love Story”. The video below is a report from ABC News regarding this practice.
Video: ABC News on “Dead Peasant Insurance”
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