Write a 3 page essay on Case Study: Dead Peasant Insurance Policies.Hence, his deaths will looner the organizations performance. Employees think employers are after money since they can use the insura

Write a 3 page essay on Case Study: Dead Peasant Insurance Policies.

Hence, his deaths will looner the organizations performance. Employees think employers are after money since they can use the insurance to get low interest small compared to the ones offered by the banks and in the end their families don’t benefit from it.

Corporations enjoy tax-free life insurance benefits they receive from their employees who died and borrooned money against these policies. Some deducted the interest on these loans from their taxes. By not taxing the insurance benefit, it leads to tax- free business investment. As much as the organizations are trying to safeguard their business, it could be fair for them to at least pay some amount to their employee families for the tragedy. The worst part is the fact that they buy this insurance policy without the knowledge of their employees.

Companies and insurers both benefit from the tax-free money. The employer can gain large sums of money by excluding death benefits from his financial income report. Dead peasant insurers get many profits than any other insurers. Since the only way an organization is paid through this insurance, is when an employee dies it could lead to groups murdering their employees in order to get the payment early. At first, it was only acceptable to ensure a high-level employee because employing another senior employee could be very costly. However, with greediness of the businesses they have started protecting low-level employees raising the question of what is the insurance risk that an organization faces with the loss of the low-level employee. It is sad that most corporations do not care about their employees. Instead, they are after money.

Dead peasant insurance portray the existence of capitalism in the current world whereby one, person benefits from the loss of the other. The policy could only good if the corporation could allow the employee family takes some percentage of the insurance coverage instead of just covering the medical bills and funerals. The dead