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Mind you, in the US, you are not allowed to take a life insurance on a person you don’t know (but you are allowed to buy a life insurance that person had taken
by snotrockets 2y ago
Mind you, in the US, you are not allowed to take a life insurance on a person you don’t know (but you are allowed to buy a life insurance that person had taken on themselves)
- FireBeyond 2y agoCue flashbacks to Walmart buying life insurance for its employees (with Walmart as the beneficiary)... ... and the oh-so-charming way they referred to it at head office: "Dead Peasants Insurance".
- sethammons 2y agoIt is a derogatory industry term, also called janitor insurance. I can't find a source that says they called it that internally, which I think is relevant to the image being painted. I did find that winn-dixie (a grocer) insurance consultants did use the term internally. Source: https://www.wsj.com/public/resources/documents/april_19.htm https://www.wsj.com/public/resources/documents/april_19.htm