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To: AppyPappy
And I say again, you must have and insurable interest to get a policy. In other words, you can't take out a policy on a complete stranger so you receive money when they die. I don't believe this is something that is subject to state to state regulations but is a national thing.

My best guess is Walmart had an insurance policy on a department head which the person signed for, this was not something that was done secretly.

11 posted on 04/16/2002 4:39:52 AM PDT by BuckeyeOhio
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To: BuckeyeOhio
Read the article.
13 posted on 04/16/2002 4:43:58 AM PDT by ValerieUSA
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To: BuckeyeOhio
And I say again, you must have and insurable interest to get a policy.

Seems like insurance would constitute illegal gambling in many states, otherwise.

27 posted on 04/16/2002 7:33:09 AM PDT by Sloth
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To: BuckeyeOhio
I agree. Where is the insurable interest?
51 posted on 06/23/2002 9:01:59 AM PDT by narses
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