Loading ...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 !