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Old 12-13-2010, 08:02 PM  
CYF
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Join Date: Mar 2009
Location: Minneapolis
Posts: 10,973
Quote:
Originally Posted by kristin View Post
I watched a whole thing about companies taking insurance policies out on their employees. The employees and families have no clue. Bank of America is the worst with over 1 billion in policies, Wal*Mart was like second or third.

7-11 had a few out on their lower-class cashiers. One black, 18 year old was shot and they collected over a million dollars on him. Plus the companies have it for life, so if the kid no longer worked there and died at age 80, 7-11 still would have made one million on him.

It's beyond fucked up.
how is that even legal?

Can I take out a life insurance policy on someone famous? Or the prez?
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