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Dead Peasants insurance is a nickname for life insurance bought by a company on its workers, payable to itself, as opposed to the worker's family. The rationale behind dead peasants insurance is that if one of the corporation's workers unexpectedly dies, there is a large business cost in terms of handling the work left over from the deceased, the cost of hiring and training a new employee to take the person's place, etc.

Dead Peasants insurance has been the subject of much legislative, ethical and moral debate. There are legislative restrictions on it in many countries and states, due to some abusive practices used with it.

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Q: What is dead peasants' insurance?
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