Wal-Mart loves its employees so much that it takes out life insurance on them.
But this is not an insurance policy that pays death benefits to the family of a deceased employee; instead, it pays the benefit money to Wal-Mart!
This policy is called Dead Peasant Insurance
This has to be one of the most disgusting practices I've heard of.
Does anyone have any insight to this practice and why or how can it be allowed?
I find this practice to be socially unacceptable and if the law permits such as this, then it's time to change the law!