[ValerieUSA]

Every state has an insurance commissioner. Why?
I was happy to learn that Texas objects to this type of scam, but insurance companies apparently have been successful lobbying in most states to allow this kind of transaction.
When families collect on a life insurance policy, the benefit is non-taxable. I think that is great. But for corporations to make non-taxable profits on the deathof minimum wage employees? uh-unh. Do they think they OWN these people?

[mutchdutch]

If the cost of the policy is deducted, I believe the benefits are taxable. Can anyone else confirm this.

Some one is always crunching the numbers in that the cost of the policy is probably cheaper than the cost of adequate serurity measures.

[connectthedots]

When families collect on a life insurance policy, the benefit is non-taxable. I think that is great. But for corporations to make non-taxable profits on the deathof minimum wage employees? uh-unh. Do they think they OWN these people?

Yep!

[Balding_Eagle]

but insurance companies apparently have been successful lobbying in most states to allow this kind of transaction.

It's one thing to bash WalMart, it's another to spread lies, half truths, and unsupportable allegations while doing so on FR.

Stop already, you are staining the threads.

[Balding_Eagle]

Seesh, I just looked, this is from the Houston Chronicle? Yeah, now THERE'S a reliable source.