FranFund |
Premier Plan Consultants |
Wespath Benefits and Investments |
Trucker Huss, A Professional Corporation |
Pentegra |
Carpenter Morse Group Inc. |
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
| |
<< Previous news item | Next news item >>
Washington State Firms Can No Longer Take Out 'Dead Peasant' Insurance on Workers Settle Post-Intelligencer Reporter ![]() May 17, 2005 Excerpt: Companies statewide will no longer be allowed to secretly take out corporate life insurance policies on their rank-and-file employees under a law signed this week by Gov. Christine Gregoire. Through a practice critics call 'dead peasant insurance,' many companies, particularly large ones, had bought life insurance policies on workers without telling them. The companies then collected the death benefits, often long after the employee had retired or left the company. |
Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the link above). |
An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified). |