Does your boss want you dead?
There is something beyond creepy about your boss being able to take out an insurance policy on your life without your knowledge. It sounds like the plot of a B movie where the CEO insures the bottom rung, non-essential employees and then starts having them knocked off for the insurance benefits.
Do you think someone unrelated to you should be able to insure your life without your knowledge?
Michael Moore is a warrior, and in his type as war, even more than in the fighting kind, truth is the earliest casualty.
ReplyDeleteThe truth is that so-called dead peasant insurance was a tax scheme that worked only so long as the insured employees lived; it stopped working when the employee died. Policy death benefits were paid for by premiums that were adjusted periodically to zero out the corporation's position. No one benefited from anyone's death.
Insurance is complicated stuff. If you don't know what an "experience rated" pool is, you probably ought not to be posting about this subject.