The policy had a rider. The plan was taken out in Georgia.
Do benefits pay triple on murder?
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3 responses to “Do benefits pay triple on murder?”
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I have had two clients murdered. Neither received more than the standard death benefit. There is often a more thorough investigation before the death claim is paid when there is a homicide. It is illegal in most states to profit from murder in particular. According to the TV shows the beneficiary of the life insurance is always a prime suspect.
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That is an interesting question! I know of not one single company that pays anything extra for death that results from a crime. In fact, I know far more that won’t pay if the death was a result of criminal activity on the deceased’s part. Insurance companies are very careful, and guarded against paying for anything that was illegal. If the deceased was a random victim, they would pay up like any other death. I hope that helps, thanks for asking!
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I am not aware of any life insurance policies that pay triple for murder. Life insurance companies are very careful to prevent murder as a way of someone trying to collect on someone else’s life insurance. And if murder occurs randomly, it pays the beneficiary the full face amount, as normal.
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