Life insurance as corporate futures investment
Big companies routinely buy life insurance for their employees who often don’t know about it and whose families will get only a small part if any of the benefits from when they die. Now I understand better why some employers seem to be against health insurance – they’re betting on their employees dying sooner so that the companies can collect life insurance benefits. This old news (from before 2002), which I only read about today, amazes me, although it probably shouldn’t, because it’s been clear for a long time that corporations can get away with almost anything.
Life insurance as corporate futures investment
Big companies routinely buy life insurance for their employees who often don’t know about it and whose families will get only a small part if any of the benefits from when they die. Now I understand better why some employers seem to be against health insurance – they’re betting on their employees dying sooner so that the companies can collect life insurance benefits. This old news (from before 2002), which I only read about today, amazes me, although it probably shouldn’t, because it’s been clear for a long time that corporations can get away with almost anything.