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So if you know that your boss makes lots of trips to those states, CONFRONT!! He/she may have some `splaining to do.
Whats infuriating is that a goup of effing suits at a LOT of companies actually sat around and decided it would be socially acceptable. The act is reprehensible and draconian.
1. I don`t think the company`s executives should get the payout.
2. (Obviously) the company shouldn`t try to kill its employees.
3. Yeah, I think you could take a policy out on soldiers in some warzone BUT the premiums would be astronomical!
It`s bad enough that in the case of say a computer programmer at a certain company that shall not be named, you are expected to generate $1 million annually for the company. You earn around 4% of it in wages. Now you`re telling me that on top of that they can take out a life insurance policy and generate almost 20 times what my family gets even though I`m no longer working for them?
As for the company getting the money even if you don`t work there any more, there`s something else creepy about that, regardless of how legal it might be.
For all I know, someone might have taken life insurance out on me. I`d be pretty pissed off if someone profited from my death without my knowledge or consent.
I don`t see anything wrong with this. It`s the company`s money that is paying the premiums, so they get the pay-out. If it was the employee`s money that paid for it, then it would be a different matter.