Tuesday, April 6, 2010

"Dead Peasant" Insurance?

With the release of Michael Moore's "Capitalism: A Love Story" came this idea of corporate entities purchasing life insurance on their employees without their knowledge (did you catch that? WITHOUT their knowledge) and then cashing out when that individual dies--whether or not they are still an employee of said company.

WOW. Huge fail.

Here's a list of companies said to have engaged in what's called "Dead Peasant" insurance......

Be well!