Not according to Myers:
He said the company stopped taking out the policies in 1995 but continued to receive payouts on employees who died, even those who had left Wal-Mart.If Walmart is still doing this, why would Myers (who is suing them) claim they've stopped?
Per Myers client: “The Armatrout lawsuit says the policies were all written in Georgia, where the laws allowed such policies to be obtained. “
Different state laws plus a decade of new laws on or off the books. That they insure me doesn't bother me a bit.