Saturday, May 8, 2010

What is “Dead Peasant” Insurance?

http://deadpeasantinsurance.com/

Dead Peasant Insurance is sometimes used as a shorthand reference for life insurance policies that insure a company’s rank-and-file employees and name the company as the beneficiary. This means that the company receives the life insurance benefits when the covered employees die. This insurance may also be called “janitor insurance,”…

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