Is it legal/ethical/normal for a firm to take out a life insurance policy on an employee it finds out has been battling serious health issues (and has the employee reluctantly sign a consent to it)?

like
Posting as :
works at
You are currently posting as works at

im assuming you get to designate who the beneficiary is?

like

Yes? The premiums may be higher but, unless the firm and employee failed to disclose the health issues, if the insurance company will issue the policy this is legal and ethical.

like

Depends on the role - my previous firm had life insurance on all of the equity partners.

like

Signing life insurance has been standard upon joining a firm in my experience. If they waited, either it's unfortunate timing or they realized they needed to do this to keep up with other firms.

like

It sounds messed up, but is it? Sounds like key man insurance TBH, but will the firm keeping paying the same rate for the employee if the health issues keep them from work? Is the firm footing the majority of the health care costs? Is the firm taking anything away from the employee in exchange or making the employee contribute to it in some way?

Not life insurance but our firm has a (widely ignored) policy that no more than three fee earners can be on the same transport - same difference. The fee earners are part of what makes a firm’s worth.

Like on the same plane or in the same car? Wow.

For an employee--where the partnership is the beneficiary? That seems a little odd. But a partnership having life insurance on partners where the partnership is the beneficiary is not unusual at all.

Related Posts

Got rejected today after the online assessment at HSBC. Got rejected after the final interview at PWC. Have not heard from Deloitte and Evolent Healthcare after the panel interview in over a week. I am beginning to sink deeper and deeper in despair.

like

I really dont like drinking and don't understand why everyone is so obssesed with it. Like you really jeed to numb yourself all the time? Unpolular opinion but Alcohol sucks

like

Anyone want to share…What insurance companies would you recommend working for and what positions are available?

like

Anyone dealt with early second trimester miscarriage with PGT normal embryos after FET? We transferred two AA normal embryos-- one was a blighted ovum and just lost the other early in second tri. If you have, what did you do differently the next time around for more success? Getting old and just crushed at losing both our normal embryos and 6-9 months.

like

My fiancé and I are getting married next august and we still haven’t decided on a honey moon, we want somewhere tropical but also are worried it’s peak hurricane season if we go right after our wedding which will be Aug 26. Any ideas/recommendations?!

like

I’m looking at getting some insurance with VIX calls and OTM puts.

I think tomorrows employment data will give the necessary volatility to whipsaw the market and ultimately bring it down. My system says a move will happen soon. Will be looking at 4240 on ES.

like

Hi, i been really struggle with work. Do you feel like ADHD med works? Do you have some natural alternatives? I get paranoid about side effects.

like

Curious what the average salary is for Practice Manager is out there, and if I’m being paid appropriately. I’m a current Practice Manager in the Chicagoland area. I have 5.5 years of healthcare experience, 4 years as a Practice Manager. I have an additional 3 years experience as an Executive Director for a non-profit. I also have a Masters in Public Health.

like

I hate my current job (no longer at BCG). Have been interviewing but no offers except for current one, which I was originally relatively excited about until I heard the numbers. Worse than my current role at this toxic company. I don’t know what’s wrong with me, but I’m feeling very depressed, hopeless, and worthless. I don’t want to stay here but I also don’t want to take a step back. I feel like either is just more misery and that my life is falling apart.I just want to end it all.

like

Vaidam Health review

I was told that Macquarie might offer a Fixed pay of 29 lpa. Can some please tell :

1. Would EPF, Gratuity and medical insurance premium be over and above the fixed pay or is it all included within fixed pay?

2. What is the appraisal cycle?

What do you think are the pros and cons of working at a large insurance company vs. a small one? Considering a jump from big (been with a few carriers for ~15 years) to much smaller but growing.

I work in Group Insurance if that makes a difference.

like

Anyone in the Tampa Bay Area and work in Health Admin? about to graduate with my Bachelors next month and am wondering what my next steps could be, or where I could start working?

like

Hello!! I am private practice providing psychotherapy. I am paneled with CareFirst insurance in the Dc area. My schedule fee for reimbursement is 109.97 and was wondering if this is the norm for this area?

like

Prescribed wellbutrin but have serious side effects. Was hoping this would be the magic pill. So bummed and ready to give up.

like

Mix and Mingle Hiring Event at Orlando Health South Seminole Hospital

Post Photo
like

More Posts

I was asked to provide a writing sample after an interview today. All the memos I've written are client confidential nor do I have easy access to. Since I recently graduated, should I just use...

like

I self reported my GMAT scores on my applications that I’ve already submitted. Do I need to request official scores to be sent ASAP or can that wait until I know whether I’m getting an interview or not?

like

Did anyone use a professional resume writer to land an in house role? If so, please drop recommendations below. Currently trying to make the transition from big law to in house.

like

Is buying a second hand two wheeler good idea in bangalore?
Where I can buy good scooty

like

Any one from Cardinal Health for referral ?

like

Hi I am interested in the role of Deputy Manager Legal Contract Management at Zscaler at Pune. Can someone share the appropriate referral? Thanks in advance.

Hi all! I have 5+ years in product innovation and brand management roles. Based in London. Looking to transition into product management. Would love to connect, share my CV and tell you more about myself. Would anybody kindly be able to provide me with a referral? Many thanks!

like

Anyone provide their Tesla referral code?

like

Hi guys,

What is the in hand salary in Mphasis for 11LPA(including variable)?? I heard Variable pay will be paid quarterly... So, can we expect 1000% variable or is it based on performance??

If companies don't share compensation ranges for different levels do people just assume it's good and that's enough motivation to move up?

like

Best exits in Chicago area for tech? currently in VC and not seeing a bunch :/

like

Hello everyone, nice to meet you all . I hope y’all are having a great weekend. I just want to asked how hard was it to get first paralegal job? I’m a new graduate have been actively searching since May to no avail . I previously took classes in real estate, New York civil practice, litigation, family law and business law. How as a new graduate do I turn all my knowledge into an opportunity? Any help from fellow paralegals is welcome. Thanks .

like

Hey fellow 🐠, what do you think of making a fishbowl to meet up with fellow consulting professionals in the same city? To grow our network, get some more insights etc.? Would anyone be interested?

like

Hello

Does anyone know the process of Bell Network and Technology Services Graduate leadership program? I have an interview coming up and it is written that the interview will be 3 hour long group interview. If someone knows about this then please do let me know.

Thank you

like

How long did you study before the CSCP exam? Any advice for someone who just enrolled?

like

Intel Corporation Samsung how to compare Senior staff engineer position in Samsung with Grade7 in Intel? is both are same or senior staff engineer is higher? Any comments?

likesmart

Anyone here able to answer questions about coming on as a Cloud TSE? Coming to the role with about 6 years of relevant experience, would be working from a relatively LCOL location. Haven't had a conversation yet about levels, so interested in what that looks like, if there is a team matching process bc it seems like knowing the product, specialization, and location is as specific as it could be, and what comp to target.

like

Bs in marketing & ms in marketing analytics.
Currently a senior analyst at an ad agency supporting national brands.

What roles/departments are likely a good fit for me at google?

like

I just received an L4 analyst offer (non-tech) for LA/Playa Vista. I have 5 YoE. How does this look to everyone?

Base: $133k
Bonus: 15%
Equity: $133k
Sign on: $15k

like

Can you start this if you’re 34? Kind of late to the game or nah?

like

Additional Posts in Law

Thoughts on GT Miami for litigation? QOL, hours, culture?

like

Contract attorney labor for hire for remote gig work. Drafting documents and research, likely lower than your paralegals’ rates. I work through a LLC so no 1099 to worry about, simple invoicing like with vendors. DM for info!

like

It is common practice at my small firm by two main partners to fly through transactions for clients regardless of potential conflicts (for the company) or issues that may arise. It is often chaotic and has led to lawsuits being filed by investors against the clients. I know this is expected from time to time but I feel like I’m not getting the proper exposure to doing deals the right way. Would it be better at a larger firm or is this common anywhere? Mostly deal with microcap companies.

like

What is most important to an attorney with some experience in family law and some portable business in selecting a law firm to work for

like

Is experience in Labor and Employment applicable at all in Executive Comp & Benefits? If not, what are some resources that I can read that gives me a primer on that area of law?

like

My firm recently updated the Intapp Time app and it seems to be capturing my time more aggressively than the previous version. E.g., Composed email to X, edited doc Y, viewed email from recruiter Z? Yo!! How do I shut the damn thing off? Stuff is creepy to me. No doubt Big brother's watching.

like

Are there any advantages to working with a recruiter vs. applying directly to the firm for an advertised position?

like

Anybody have info re Barnes & Thornburg? Hours/WLB/WFH/Comp/Bonus? Eyeing either Dallas or Atlanta. Any info is helpful. Thank you!

like

If you have been successful in your job search and resume a new role, do you leave job alerts on (assuming you previously set this)? Curious to know what others do.

like

Any litigators who prefer litigating over clerking, or the other way around? I’m senior at a major appellant-side litigation firm. My boss has told me that there is a clerkship opening with a federal judge that I admire, and with his rec I would be a shoe-in. I like litigation and the opps it provides to drive change in the law, but this opp could open up some doors and give work life balance. On the other hand, I don’t know if clerking might be boring, or frustrating reading bad briefs. Thx!

like

Going on a long weekend vacation Wednesday to Monday then giving notice when I return aka I have zero motivation right now. The struggle is real. Someone give me motivation

like

I'm a third year associate working at a smallish firm, thinking about going solo. Currently in defence litigation but I've wanted to do estate planning and tax law since law school but haven't had any opportunities pop up in my area. Any advice on starting solo in either estate planning or tax? (Note: I don't have an llm)

like

My Boss is a LP, revealed my firm-wide consulting part of my role is really for boss to collect info on others, disseminate and delay other competing projects. Starting to affect my rep, what do?

likehelpful

If I want to change practice areas, what is the smartest way to do this? Do I just apply to positions in the relevant practice area and talk about how my skills from my current practice area transfer?

like

We are working on trying to convince firm management to update their very outdated meal reimbursement policy. Do others mind sharing what theirs are? Interested in maximum amount, whether there is a billable hours requirement, whether meals have to be delivered to the office, and whether any changes during pandemic. Thanks! If you don’t mind supplying law firm, would appreciate it.

like

Has anyone ever regretted leaving big law for a midsized firm? I’m a 2nd year corporate associate who has been offered a position with a midsized firm. Comp has been matched, team works with clients I’m more interested in, and everyone at the firm seems nice and are excited for me to join. I’m scared I’ll regret leaving big law. Contd ...

like