search query: @indexterm life insurance / total: 128
reference: 4 / 128
Author: | Nurnberg, H. |
Title: | Ethical reflections on company-owned life insurance |
Journal: | Journal of Business Ethics
2008 : JUL II, VOL. 80:4, p.845-854 |
Index terms: | ethics life insurance |
Language: | eng |
Abstract: | COLI company owned life insurance is often purchased by companies on employees in whom the company has no demonstrable insurable interest. Though no immediate harm comes to individuals insured in this way, purchasing such policies raises moral questions. From a Kantian framework, questions arise about reciprocity and fairness, the deception of employees, the generation of mistrust, and the use of the employees life as a means to profit. No compensating social good is served by the sale of these policies. |
SCIMA