Insurance payment status remains unclear

If Michael’s death was caused by the use of illegal drugs, the insurance company covering Michael’s concerts in London will not be responsible for covering the costs resulting from the cancellation of these concerts. A copy of the insurance policy was sent to the Associated Press office on Friday. According to it, the insurance company will pay $17.5 million for the cancellation of the concerts. But if the reason for Michael’s death was the use of illegal drugs, the insurance company will not be obligated to pay. Also, if it is determined that Michael hid information about his health and/or carried out an act that posed a risk to his health, the insurance company will be exempt from payment. Handling this case could take months, and it requires the results of Michael’s autopsy and toxicology tests, as well as the identification of the definitive cause of his death. Michael and AEG, from the series of 50 London concerts, insured the first 13. This is considered normal and standard for concerts of the same scale as what Michael was preparing. In February, a New York doctor, at the request of this insurance company, conducted an exercise and health test on Michael in Los Angeles and submitted the results to the insurance company. Randy Phillips, CEO of AEG, said the insurance company had told them that Michael had passed the test with an excellent rating. Source: eMJey / AP