Journal of Business Ethics

, Volume 80, Issue 4, pp 845–854 | Cite as

Ethical Reflections on Company-Owned Life Insurance



COLI – company owned life insurance – is often purchased by firms on employees in whom the firm has no demonstrable insurable interest. Though no immediate harm comes to individuals insured in this way, purchasing such policies raises moral questions. From a Kantian framework, questions arise about reciprocity and fairness, the deception of employees, the generation of mistrust, and the use of the employee’s life as a means to profit. No compensating social good is served by the sale of these policies.


COLI ethical reflections insurance ethics Kantian framework 


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Copyright information

© Springer Science+Business Media B.V. 2007

Authors and Affiliations

  1. 1.Department of AccountancyBaruch College, CUNYNew YorkU.S.A.
  2. 2.Department of PhilosophyBaruch College, CUNYNew YorkU.S.A.

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