[ValerieUSA]

Read the story before you ask the question.
It's NOT using its money - its borrowing the money to buy the insurance and writing off the purchase as an operating expense.
A company whose employees are at high risk for robbery and murder on the job (convenience stores) and takes out BIG policies on these low-paid employees, then fails to provide adequate safety and security precautions while disallowing them their right to bear arms for self-protection on the job, and collects an untaxable life insurance claim when employees are killed - all without the knowledge of the employee or families - is operating a tax and insurance scam.

[aardvark1]

Y-A-A-W-W-N

[Sunshine Sister]

Very well said. I think this situation is actionable by the families of people who were insured in this manner.