This episode introduced to me the concept of "dead peasants' insurance" and only today did I find time to research it.
No, it's not something that many of us would regard as benevolent, like the similarly-named Dead Poets Society but something far more sinister!
If it's new to you too, scan some of the following articles to get a feel for it:
- Does your boss want you dead? ... Hundreds of companies -- including Dow Chemical, Procter & Gamble, Wal-Mart, Walt Disney and Winn-Dixie -- have purchased this insurance on more than 6 million rank-and-file workers. These policies, nicknamed “dead janitors” or “dead peasants” insurance, soared in popularity after many states cleared the way for them in the 1980s. [USA] Congress recently tried to crack down on the practice, to the howls of the insurance industry -- which earlier this year managed to derail reforms.
- And lots more via the following Google Search: