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Insurance Company Says Michael Jackson Was A Fraud...Tries to Get Out Of Paying

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Lloyds of London, the insurance company that insured the "This Is It" tour is trying to get out of paying for the cancellation by saying that MJ was a fraud. According to reports on tmz.com:

The company issued the muilti-million dollar policy to cover the doomed "This Is It" tour for losses.

But Lloyd's claims it doesn't have to honor the policy for 2 primary reasons:

1. Michael Jackson and AEG allegedly lied about Michael's medical history -- specifically, MJ said he had not seen a doctor other than a cosmetic MD since June, 2005.

2. Michael did not disclose he was taking prescription drugs prior to and at the time of his death -- including Propofol.

Lloyd's is asking the court for a declaration that the policy is null and void as a result of the alleged fraud.

Howard Weitzman, the lawyer for the Estate, tells TMZ, "This legal action is nothing more than an insurance company trying to avoid paying a legitimate claim by the insured."

Posted Date:

Jun 07, 2011 Add comment

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Insurance Company Says Michael Jackson Was A Fraud...Tries to Get Out Of Paying

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