They are called "dead peasant" policies -- secret life insurance policies taken out on unwitting employees -- and they have now triggered civil litigation.
In Oklahoma, a federal judge recently ruled that employees have legal grounds to sue an insurance company for selling and maintaining secret life insurance policies on their lives. The plaintiffs claim that the insurance company unlawfully misused their names, Social Security numbers and other personal information to market and sell their product. Havenstrite v. Hartford Life Ins. Co., No. 4:2008cv00410 (N.D. Okla.). If you have been a victim of a "dead peasant" policy, contact our employment lawyers today.
