Monday, October 31, 2011

Business Ethics: "Dead Peasant" Insurance Policies

"Dead Peasant" insuarnce policies are "common."  Are they ethical?  students may be interested in considering the ramifications of companies cashing in on the death of rank and file employees.  Something seems amiss when a company recognizes that being a convenience store clerk working at night is such a dangerous job that it is financially justified in buying a life policy on its employees - but feels no obligation to purchase a policy for the employee's own benefit or even to offer the employee the opportunity to purchase one for herself.

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