Original sentence: Pejorative names for the practice include janitor's insurance and dead peasants insurance, the latter of which refers to the plot of Nikolai Gogol's novel Dead Souls.When the employer is a bank, the insurance is known as a bank owned life insurance (BOLI)
Edited sentence: It is a misnomer when such insurance is called by the derogatory name "Dead Peasants Insurance" or "Janitor's Insurance," as these names indicate only short-lived practice by companies like Winn-Dixie, which have since been curtailed.When the employer is a bank, it is known as a bank owned life insurance (BOLI)