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TILTON, N.H. (AP) -- A widow whose husband suffered a fatal heart attack at the Wal-Mart where he worked is suing the company, claiming it did not have the right to take out a life insurance policy on him. Michael Rice, 48, was an assistant manager at the Tilton Wal-Mart when he collapsed three years ago after helping a customer carry a television to her car. When he died seven days later, Wal-Mart collected at least $325,000 from the policy. Vicki Rice, who now lives in Bangor, Maine, is suing Wal-Mart in U.S. District Court in Concord, arguing that the money rightfully belongs to her. 'They used Mike terribly,' she said. 'They abused him, working him like that ... And then they go out and collect $300,000? It's very immoral.' Corporations commonly take out life insurance policies on key officers and directors, but during the 1990s, Wal-Mart and other companies bought life insurance policies on more than 350,000 employees in an effort to save money on taxes.
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