Coli

[Stephen Colbert]

Corporate Life Insurance.

Basically the idea that companies like Wal-Mart, Bank of America etc take out a life insurance policy on their employees and if they die they make a massive amount of money.

http://deadpeasantinsurance.com/

Is this something very easy for leftists to main stream? I mean this is a pretty outrageous topic that we could easily bring up publicly and demand that company funds work for the health of the employee and NOT for betting against the life of one.

[Die Rote Fahne]

I, for one, support a company HAVING to do that -- however, if the employee dies, all the money goes to the family of the employee.

This will create initiative for corporations to keep workplaces safe, etc etc.

[Stephen Colbert]

It doesnt go to the families though, almost always to the corporation.

[leftace53]

This shit is pretty ridiculous. I don't know what the average amount the employees are insured for, but whatever it is, its pretty obvious that the companies don't think the workers are actually worth that much because they simply aren't getting paid that much. It stupid to think that these corporations are going to miss an individual worker (people are of course expendible to them) for more "amount" than the families are - this is assuming that the coli is more than what the person's actual life insurance is (which with insurance premiums, is a fairly safe assumption).

[SeaSpeck]

The only way this would be helpful to a corporation is if you had an individual that had an extremely specialized job. The corporation's legitimacy and profits would have to be at risk before any corporation would pay for the premiums.

[Die Neue Zeit]

The "dead peasant" insurance is different, though, from the more conventional insurance on corporate executives or R&D staff.