Dead Peasant” Insurance

DO COMPANIES STILL PROFIT FROM DEATH OF THEIR EMPLOYEES AND MAYBE THEIR CLIENTS? … 

Now I really consider that such companies as listed following the article, didn’t stop at taken secret life benefit policies out on their employees making themselves beneficiaries of thousands even millions .. but also took out such Dead Peasant secret insurance policies on targeted clients/customers … I felt this way over 20 years ago when I was continuously offered free insurance coverage by the bank I dealt with at that time, a haunting intuition strongly motivated me not to sign such an agreement for free insurance, believing at that if I did I would be come a target for the bank to benefit by  … then the haunting intuition raised up to haunt me again when auto  Insurance was requesting that I signed a proxy, (a proxy to what?!!) …. nevertheless I didn’t and later changed companies … I’d like to know has businesses are paying Dead Peasant insurance on customers and clients making themselves beneficiaryhave ever been investigated?… because if companies are doing this … wouldn’t this be prime motivation for so may “murders for profit” … such as unexplained suicides and unexplained deaths and accidents ? … 

Recent Questions found HERE –> http://deadpeasantinsurance.com/

How did it get the name “Dead Peasant” insurance?
Winn Dixie Stores bought life insurance policies on approximately 36,000 of its employees, without their knowledge or consent, and named itself as the policies’ beneficiary. The insurance brokerage firm that placed the policies prepared two memos describing the deceased employees as “Dead Peasants.” These memos were part of the court’s record in a lawsuit in which the United States Court of Appeals for the Eleventh Circuit held that Winn-Dixie’s policies were a sham transaction for federal income tax purposes. The memos were later used by reporters such as Ellen Schultz and Theo Francis of the Wall Street Journal and L.M. Sixel of the Houston Chronicle and incorporated into articles about this type of insurance.

How does a person know if he or she is covered by a policy?
It is often difficult for a person to learn whether he or she was covered by a “Dead Peasant” policy. These insurance programs became popular during the mid-1980s and have been an available investment opportunity for large companies since that time. Prior to 2006, however, there was no federal law that required employers to disclose the policies to insured employees. Any disclosure requirements that existed before 2006 were only through state laws, which were ignored in many instances. So, the only way a person could learn about the policies was through the employer’s voluntary disclosure.

Which employers bought policies on the lives of employees?
Because a company’s purchase of insurance policies is not a public record, it is virtually impossible to know every company that invested in policies on employees’ lives. The following companies, however, are believed to have been named as the beneficiary of life insurance policies on …more » http://deadpeasantinsurance.com/which-employers-bought-policies-on-the-lives-of-employees/#more-43