Texas Gov. Greg Abbot wants you back at work. So does the president. Major corporations like WalMart are fine with that and so are many companies who are suffering a downturn in profit. This may seem counter intuitive — killing off your employees and eventually your customers for a short term gain. But it is serious and insidious. Large corporations and banks have life insurance on their employees that pay the corporation, not the employee, in the event of death. These policies can remain in effect long after the employee has left.
This is an old story from 2002. It’s significance cannot be understated. Insurance.