Tom Petty, the singer and guitarist whose influential music spanned four decades, died in October from an accidental drug overdose as a result of mixing medications involving opioids, his family announced Friday.
Source: Washington Post
Previously: US Rock Star Tom Petty Dies Aged 66
(Score: 0) by Anonymous Coward on Sunday January 21 2018, @04:09PM (1 child)
... so that they don't have to pay anything.
The lawyers are the ones saying it was accidental, because of the CONTRACTS with the life insurance companies, etc.
Get it yet?
(Score: 0) by Anonymous Coward on Sunday January 21 2018, @05:04PM
Many insurance companies do pay out for suicide. They just don't pay out if it happens within X years.
In the USA seems X = 2 typically.
http://time.com/money/3117698/how-life-insurance-policies-deal-with-suicide/ [time.com]
In my country the standard seems to be 1 year. Seems like it's also 1 year in the UK: https://www.leightonbuzzardonline.co.uk/news/city-high-flyer-planned-his-death-1-998350 [leightonbuzzardonline.co.uk]
Seems in Japan it's two years: http://www.japansubculture.com/killing-yourself-to-make-a-living-in-japan-financial-social-incentives-keep-suicide-rates-high/ [japansubculture.com]
But do check your contracts carefully first before trying to suicide for insurance money. There have been cases where people committed suicide for insurance money but their policy had expired or doesn't pay out in event of a suicide.