4 ms·
Creepy, but I think we can make it more creepy: If you do this investment and the person takes out a life insurance policy on themselves, and they die, do you
by anonjon 17y ago
Creepy, but I think we can make it more creepy:
If you do this investment and the person takes out a life insurance policy on themselves, and they die, do you get 3% of the life insurance policy?
Although, I dunno, isn't this what having children is for?
You pay upkeep on them until maturity and when you are old and senile they pay to put you in a home and have you fed applesauce or whatever.
- Femur 17y agoOne could stipulate that the person you have a contract on would be required to carry term life insurance made payable to the fiduciary.
- btilly 17y agoReality has gotten there first. In a number of states (Texas being famous among them) companies can take out life insurance policies on their workers. A company with such "dead peasant" policies now has an incentive to provide bad working conditions and poor health care support because that goes straight to the bottom line! http://deadpeasantinsurance.com/which-employers-bought-policies-on-the-lives-of-employees/ http://deadpeasantinsurance.com/which-employers-bought-polic... has a list of companies that did this.
- eru 17y ago> because that goes straight to the bottom line! Not if the insurance company has a say in this. They will raise premiums for bad working conditions.