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Not to worry, it's all about the low prices on low-quality garbage.
1 posted on 07/03/2007 8:28:19 AM PDT by Excuse_My_Bellicosity
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To: Excuse_My_Bellicosity

Key employee insurance for employers is nothing new - can’t they find something else to complain about?? I know...it’s Walmart!


2 posted on 07/03/2007 8:30:06 AM PDT by Clintons Are White Trash (Lynn Stewart, Helen Thomas , Molly Ivins, Maureen Dowd - The Axis of Ugly)
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To: Excuse_My_Bellicosity

Where do they get these immature crybabies who write this drivel?

KEY-MAN insurance has been around for decades. It is a good way to protect your business (oh and the thousands of other employess)


3 posted on 07/03/2007 8:32:10 AM PDT by Mr. K (Some days even my lucky rocketship underpants don't help)
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To: Excuse_My_Bellicosity

it would be irresponsible for a corporation NOT to have key man insurance.


5 posted on 07/03/2007 8:33:11 AM PDT by avital2
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To: Excuse_My_Bellicosity

I fail to see what the problem is.


6 posted on 07/03/2007 8:34:30 AM PDT by HEY4QDEMS (Sarchasm: The gulf between the author of sarcastic wit and the person who doesn't get it.)
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To: Excuse_My_Bellicosity
So what? it is fully appropriate for companies to insure the lives of their workers. It isn't creepy, it is sound business practice. You insure your property and inventory, why not insure your key employees?

When a company loses a valuable employee to death, the expense of recruiting and training a new one to take his place can be quite high. I would be surprised if more companies didn't do the same thing.

7 posted on 07/03/2007 8:34:38 AM PDT by Guyin4Os (My name says Guyin40s but now I have an exotic, daring, new nickname..... Guyin50s)
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To: Excuse_My_Bellicosity

So? IF they paid the premiums and didn’t kill the individual in question, it’s none of anyone’s bidness.


8 posted on 07/03/2007 8:35:53 AM PDT by Still Thinking (Quis custodiet ipsos custodes?)
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To: Excuse_My_Bellicosity

Is this going to become another one of those annual stories the media publishes to fill space. Many employers take out term life insurance policies on their employees, about the only part about it that’s bad is that the insurance company frequently puts on travel restrictions (like no more than 5 employees on the same plane) that can be kind of annoying if you’re trying to get a large number of employees someplace other than the office. By and large if your company offers some kind of life insurance benefit you can bet they’ve probably taken out a policy on you. And this is like the 3rd or 4th time somebody has whined about WalMart doing that, people just need to get over it.


9 posted on 07/03/2007 8:37:10 AM PDT by discostu (indecision may or may not be my biggest problem)
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To: Excuse_My_Bellicosity

WHAT an ignorant “journalist.” And, what a scummy attorney.


12 posted on 07/03/2007 8:40:14 AM PDT by goodnesswins (Being Challenged Builds Character! Being Coddled Destroys Character!)
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To: Excuse_My_Bellicosity
It seems that each person covered sould have at least been advised that they were covered.

But if 'Key man' coverage was common, then how could a 'key man' not know?

14 posted on 07/03/2007 8:41:04 AM PDT by Michael.SF. ("The military Mission has long since been accomplished" -- Harry Reid, April 23, 2007)
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To: Excuse_My_Bellicosity
Not to worry, it's all about the low prices on low-quality garbage.

Not to worry, it's all about the low prices on low-quality garbage...........from china!

18 posted on 07/03/2007 8:43:27 AM PDT by processing please hold (Duncan Hunter '08) (ROP and Open Borders-a terrorist marriage and hell's coming with them)
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To: Excuse_My_Bellicosity

Other then not telling the employees who were insured what is creepy about this? Companies do this all the time! If you lose an employee there is a financial cost to the company and why would you ensure your assets but not youre most important resource, your employees..


20 posted on 07/03/2007 8:44:10 AM PDT by N3WBI3 (Light travels faster than sound. This is why some people appear bright until you hear them speak....)
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To: Excuse_My_Bellicosity

key man insurance.

this is just hurt walmart image to force settlement insurance.


22 posted on 07/03/2007 8:45:00 AM PDT by longtermmemmory (VOTE! http://www.senate.gov and http://www.house.gov)
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To: Excuse_My_Bellicosity
So what? Lots of companies take out life insurance on employees. It’s not costing the employees anything. Unless the charge is that Wal Mart is killing it’s employees in order to collect on it’s life insurance policies I fail to see what the big deal is.
26 posted on 07/03/2007 8:46:50 AM PDT by monday
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To: Excuse_My_Bellicosity; Mrs.Nooseman; Diana in Wisconsin; bfree; Graybeard58; CSM; metesky; ...

WalMart Hit Piece Ping..............


38 posted on 07/03/2007 8:57:42 AM PDT by Gabz (Don't tell my mom I'm a lobbyist, she thinks I'm a piano player in a whorehouse)
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To: Excuse_My_Bellicosity
More Wal-Mart bashing. Buried in the story:

Myers said this corporate practice is not uncommon. He estimates that up to 25 percent of Fortune 500 companies have taken out such policies on employees.

40 posted on 07/03/2007 9:01:57 AM PDT by Lurking in Kansas (Nothing witty here...)
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To: Excuse_My_Bellicosity
Not to worry, it's all about the low prices on low-quality garbage.

well, i am able to get Sara Lee Whole Wheat Bread at Wal-Mart for 1.88... it's 3.27 at SaveMart... and even more at SafeWay... i like Wal-Mart...

51 posted on 07/03/2007 9:09:45 AM PDT by latina4dubya
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To: Nightshift

ping


53 posted on 07/03/2007 9:11:09 AM PDT by tutstar (Baptist Ping list - freepmail me to get on or off.)
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To: Excuse_My_Bellicosity

Oh please. Anyone can by a life insurance policy on anyone else. It is done all the time. We have them on all partners in our practice. It costs us money if they die. So what. What is the big deal. What do people think life insurance is for? They also have a policy they pay for for the family. Good Grief.


63 posted on 07/03/2007 9:24:28 AM PDT by therut
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To: Excuse_My_Bellicosity

I save at least fifteen percent on groceries and more on other items. The quality is just fine.


64 posted on 07/03/2007 9:33:23 AM PDT by gcruse
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To: Excuse_My_Bellicosity

Not to worry, it’s all about the weekly hit piece on Wal-Mart.


77 posted on 07/03/2007 12:50:34 PM PDT by AxelPaulsenJr (Fred Thompson for President)
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