My October Rant...

Rbishop

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Dec 30, 2005
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Mr. Normal
I work for a reasonably sized company...4,000 employees.

The branch I am at is about 45 folks.

It was a crappy day today for only one reason.

One of our workers, an elderly woman 60/61, always there and works better than most at half her age. Her husband died 2 months ago, after years of illness.

She is going thru the painful process of the paperwork of that situation.

She had a optional spousal life insurance policy for $20,000 on her husband. Someone got to tell her the news today.

The payout is null and void if the deceased is over 70 years of age at the time of death. He died two days after his 70th birthday.

A crappy, crappy day...

:mad2:
 
that's horrible, and yeah, i don't understand. . . . don't life insurance policies depend on people dying later in life? the longer they live, the more premiums the person pays to the company. i mean, don't you pay more based on your health risks (health risks = higher chance of dying earlier)?
 
That is terrible. My heart goes out to that poor woman - hasn't she been thru enough?!
 
Bet if the husband was still alive they wouldn't have told her to stop paying because he was over 70. 2 freaking days, they should just man up and pay her.
 
x 2.

Just curious - is it an independent policy or one generated by her employment with the company i.e. administered by the company ?
 
outside the company..
 
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