Dead Peasant Insurance Policies

Dead Peasant Insurance Policies
It seems there are no easy answers regarding the issue of dead peasant insurance policies. These insurance policies are ones employers take out on their employees. When the employee dies, the employer is able to receive money from the insurance company (Kim). There are several different aspects of these insurance policies one must consider when attempting to determine if they are cause for public concern. One should think about how these policies function and whom they benefit. After researching this topic and considering these questions and more, it appears the public sector should change them so they can provide more benefit to employees and their families.
The main reason dead peasant insurance policies truly are a matter of concern for public policy is their secretive nature. In most instances, employers take these policies out on employees “usually without the …show more content…
There are several parts of the free market enterprise system in America that benefit large corporations and not the individual working for them. The fact that currently there is no legislation to end dead peasant insurance policies or even to regulate them so that they can benefit employees successfully proves this assertion. The reality of this situation is that it is the large corporations that are able to generate the sort of revenues that benefit this country as a whole. Most individuals are not able to compete with them on this sort of economic scale. Therefore, the government takes no responsibility in regulating a situation that actually benefits the companies that are making money to boost the national economy. As such, the occurrence of dead peasant insurance policies is simply a consequence of the free market and its consistent failure to protect individuals from the greed of large