OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Life Insurance is a legalized Hold-up

Posted by Ororeef @ 22:25 on December 8, 2014  

Give me your money or your Life !

AND banks  that have Life Insurance on Employees are an abomination !

They profit from their employees death.  They should SELF insure them, nobody  should be worth more dead than alive !

An employees death should be a loss to the Bank  ,not a profit ! The beneficiary of any insurance should be the Family of the deceased ,in that way the Bank doesn’t have to look after the welfare of children and spouse   and the Bank benefits in that way ! The Bank gets a tax deduction for the Cost not a profit !    Thats  a big difference in incentive by the Bank to keep  Bank executives to alive and avoid mysterious suicides !

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.