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posted by Fnord666 on Sunday January 21 2018, @05:29AM   Printer-friendly
from the heartbroken dept.

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


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  • (Score: 0) by Anonymous Coward on Sunday January 21 2018, @04:09PM (1 child)

    by Anonymous Coward on Sunday January 21 2018, @04:09PM (#625682)

    ... 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

    by Anonymous Coward on Sunday January 21 2018, @05:04PM (#625700)

    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]

    * The “suicide clause.” Usually, this clause states that no death benefit will be paid if the insured commits suicide within two years of taking out a policy.

    Whenever an insured person replaces an existing life insurance policy with a new one, the time clock for the suicide clause is set back to zero and starts over again.

    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.