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Dead Peasant Insurance Policies essay

Dead Peasant Insurance Policies

Your paper should be approximately three pages.

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The topic of your writing assignment is “Dead Peasant Insurance Policies”. For this I’d recommend you read at least the two following links:

http://blogs.wsj.com/law/2009/02/24/dead-peasant-policies-the-next-big-thing-in-insurance-litigation/
and

You should do a little additional background reading beyond those two papers.

Beyond quickly describing what are dead peasant policies, I’d like your papers to address at least some of the following questions:

Is there a public policy concern here?
How would you fix the dead-peasant-policy problem (assuming there is a problem)?
Would your fix have unintended consequences?
Is this a market failure or is it a government failure?
What causes the existence of dead peasant policies?
Would there be any incentives for dead peasant policies to exists in a world without (say) taxation?

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