The Best Dead Peasant Insurance References. Web october 1, 2009, 10:29 am. Web why is it called dead peasant life insurance?
Its nickname as dead peasant insurance originates in 19th century russia, where feudal serfs were bought. Web dead peasant insurance is a slang term used to describe life insurance policies purchased by businesses on the lives of their ordinary employees for the express benefit. Web october 1, 2009, 10:29 am.
