[WaterDragon]

Third-party policies are very common. Someone could take out a policy on your life, and you'd never know it. Unless there is reason to believe the one who holds the policy cause the death of the person insured, then I don't understand the complaint. This kind of policy has been in practice since insurance was first conceived. Maybe unsavory, but not illegal. Don't be too quick to jump on businesses trying to survive. This country is over-regulated as it is.

With all the laws on the books protecting workers, it's unlikely a company will negligently cause the death or be careless of a worker's life just to cash in on a policy.

ValerieUSA, the example you cite is one I think really does need checking out by authorities. That DOES sound as though the company is deliberately negligent of the workers' lives, knowing they'll cash in on a policy.

If people want to cash in on insurance policies if their loved one dies, then they should take out those policies in the first place. They have no legal right to insurance payout on policies someone else took out.

[Balding_Eagle]

Someone could take out a policy on your life, and you'd never know it.

Stop spreading lies. Every insured MUST sign the application.

Re post #2 for more info.