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The Way Forward

In reply to the discussion: "" [View all]

no_hypocrisy

(52,343 posts)
1. It was worse than that.
Tue Jul 8, 2025, 06:17 PM
Jul 8

Last edited Tue Jul 8, 2025, 07:05 PM - Edit history (1)

Until Walmart was told to stop, it regularly took out life insurance (with Walmart paying the premiums) on their employees, but naming the corporation as the beneficiary upon death. This practice is called "Dead Peasants' Insurance".

https://www.keypersoninsurance.com/what-is-dead-peasants-insurance/

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