Michael Jackson Insurance Fraud?

Lloyd's of London says it will not pay out a huge insurance policy covering Michael Jackson's This Is It tour because the pop star lied on his policy application.

Michael Jackson

Lloyd's of London is refusing to pay out a $17.5 million insurance policy taken out in case Michael Jackson's This Is It tour didn't get off the ground because they say the King of Pop lied on his application.

The famed insurance company is going to court to ask a judge to relieve them of their responsibility to pay for tour losses, saying that Michael Jackson lied through his teeth about his medical history.

Specifically, Lloyd's of London claims Jackson lied and said he had not seen a physician other than a cosmetic surgeon since 2005, and did not disclose he was taking any prescription drugs.

Michael Jackson died just days before the tour was set to begin, from an overdose of the powerful anesthetic Propofol. Those close to Jackson say the singer used it almost nightly like a sleeping pill. Dr. Conrad Murray is accused of manslaughter in the death for giving Jackson the drugs.

Lloyd's of London says because of this deception, they should not have to pay the Michael Jackson estate the crazy cash the executors say they're owed.

Image courtesy Daniela D'Amato/ WENN

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Comments

Comments on "Lloyd's of London calls Michael Jackson a liar"

Julie Noel September 19, 2011 | 10:29 PM

No, you silly girl. Jackson didn't lie about anything. The doctor, probably hired by AEG, lied in order to obtain the policy. AEG committed fraud.

Barbara September 04, 2011 | 3:55 PM

Ron your a dam disgrace to both races Michael jackson was a wonderful person who could sing and intertain his fans very well, if you dont like MJ or have anything nice to say take your NASTY --- TO ANOTHER WEB SITE

Why hate? June 07, 2011 | 9:47 PM

A lot of dumb a-holes on this site. And no it's not me:)

Andy June 07, 2011 | 6:34 PM

To the person who suggested a drug test, prior to writing the policy - I doubt they would have checked for Propofol

Nina madrid June 07, 2011 | 6:16 PM

Well well well. Michael jackson

Please June 07, 2011 | 6:02 PM

Why didn't they ask for a medical exam when they insured him for such a huge amount? Even a simple drug test would have been easy. They didn't do due diligence. They took the policy money and now want to back out of the claim because they didn't do their homework to begin with. Please.

merry grant June 07, 2011 | 5:59 PM

Lloyd's of London is not a good insurance company to do business with in my humble opinion. I have a friend who had her house insured with them and they were the worst. This was during Katrina and no one could come into the city. Her roof leaked and being the humid climate that New Orleans has, they did not pay her for the mold damage that was caused by the roof. Even after mediation they did not pay.. She gave up.

Lanche June 07, 2011 | 5:59 PM

Granted MJ was a joke. The insurance company should have never accepted the funds from MJ for the policy. Sounds like they were both responsible it what insurance companies do. They really do not compensate people unless they are caught by the short hairs.

merry grant June 07, 2011 | 5:59 PM

Lloyd's of London is not a good insurance company to do business with in my humble opinion. I have a friend who had her house insured with them and they were the worst. This was during Katrina and no one could come into the city. Her roof leaked and being the humid climate that New Orleans has, they did not pay her for the mold damage that was caused by the roof. Even after mediation they did not pay.. She gave up.

Jeff June 07, 2011 | 5:55 PM

@Ron... the kid who made those allegations stepped forward and has since explained his parents made him make those claims. Michael Jackson was weird... but maybe just weird enough to do abnormal things without being a pervert.

ron June 07, 2011 | 5:02 PM

they should not have even insured jackson. the object is a known pervert, known to have slept with little boys, could not sing or intertain, and turned hiomself from black to white. he';s a disgrace to both races.

swschrad June 07, 2011 | 3:51 PM

and Lloyds' personnel never read newspapers? that Wacko Jacko had a druggie past is well known. perhaps it's time to take all the "performance insurance" applicants by the hand to the drug testing lab, and have random testing in the agreement. you have to pee in the bottle to get a job wiping counters at a fast food place, why not for a 55 appearance multimillion concert?

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