Wal-Mart (buys secret life ins policies on employees)
04-11-2011, 02:46 PM
#11
Super Member
Join Date: Sep 2010
Location: Myrtle Beach, SC
Posts: 8,108
Many companies do this, especially for their 'professional' staff. Personally, I like the idea of an employer making money off of the sweat of my brow much better than I like the idea of my employer having an interest in seeing me dead!
04-11-2011, 03:20 PM
#12
Senior Member
Join Date: Feb 2011
Location: Menomonee Falls, WI
Posts: 560
1
04-11-2011, 03:54 PM
#13
Power Poster
Join Date: Feb 2009
Location: home again, after 27 yrs!
Posts: 19,388
Oh i seriously hope that's wrong.
i've always thought someone should stop this practice of allowing anyone to buy insurance on someone without their knowledge!! not a good thing!! it's not illegal but should be. it's ridiculous to allow that to happen.
individuals and companies included.
i've always thought someone should stop this practice of allowing anyone to buy insurance on someone without their knowledge!! not a good thing!! it's not illegal but should be. it's ridiculous to allow that to happen.
individuals and companies included.
04-11-2011, 04:08 PM
#14
Super Member
Join Date: Jan 2011
Location: Clarksville, TN
Posts: 1,049
I know my first MIL tried to take out a policy on my daughter when she was born. She wanted her social for this. I said no. Burned me up, She put NO money into raising the child but wants to get paid if she died? Oh i hate that woman. (Anna was born with a hole in her heart.) I don't know if she did take out a policy on her, just the thought makes me mad. it is so wrong, make a profit of someone dieing, you hear your granddaughter might be sick so you take out a policy to make money off of it. WTH!
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