The Michael Jackson estate is tired of waiting for Lloyd's of London to pay out on the $17.5 million "This Is it" insurance policy -- so they're going after Lloyd's in court ... demanding they pay up, stat.
Lloyd's of London originally issued the policy to cover potential losses for MJ's 2009 "This Is It" concerts -- but earlier this year, the company asked an L.A. court to declare the policy null and void ... claiming MJ lied about his medical history and drug addiction.
Lloyd's insists the policy "was restricted to losses resulting from accident only" -- pointing out Michael's official cause of death was "homicide."
But the estate is now on the offensive -- filing a cross-complaint, claiming MJ never intended to die, whether سے طرف کی homicide یا not, so his death still qualifies as an accident.
But the estate isn't just settling for the original $17.5 million -- they also want punitive damages. FYI, suing for punitive damages often scares the crap out of insurance companies.
Lloyd's of London originally issued the policy to cover potential losses for MJ's 2009 "This Is It" concerts -- but earlier this year, the company asked an L.A. court to declare the policy null and void ... claiming MJ lied about his medical history and drug addiction.
Lloyd's insists the policy "was restricted to losses resulting from accident only" -- pointing out Michael's official cause of death was "homicide."
But the estate is now on the offensive -- filing a cross-complaint, claiming MJ never intended to die, whether سے طرف کی homicide یا not, so his death still qualifies as an accident.
But the estate isn't just settling for the original $17.5 million -- they also want punitive damages. FYI, suing for punitive damages often scares the crap out of insurance companies.
Well let me add this he just not only an American
entertainer but he is a worldly person. Look at
all the charity work he has done for the poorest
nations of the world .
He saved a child's life who was in a hospital
in Bucharest Romania . He loves children and he
hurts inside when a child suffers in great pain.
Michael is forever the King of Pop & a worldly
person in my eyes.