Are 'Dead Peasant' Life Insurance Policies Fair?

Life insurance used to be rather straightforward, known for offering security to loved ones in a tough time. So when Irma Johnson learned that her husband, Daniel, who died of brain cancer, had been insured for $1.5 million, it should have been at least a small comfort. But she did not receive the money. His employer did. It's one of the strangest free-market perversions that Michael Moore highlights in his latest film, "Capitalism: A Love Story." In the corporate practice dubbed "Dead...Full Story
Commenting on this article is closed.