Life Cover - A Murder Mystery
Life Cover and the Crazed Murder Plot
Life cover and life insurance for the very wealthy can mean their death can be big business. But even those struggling with debts that have good life cover policies can mean unscrupulous relatives could cash in on their death. It may sound like a crazed plot from Dallas or Dynasty, but in real life there have been numerous news stories dealing with true crime and life cover scams.
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Man Shot Wife for $500,000 Life Cover
In 2004, the BBC reported on the story of a New York man who was convicted for shooting his British wife dead in order to cash in on her $500,000 life cover policy. Of course, such cases are rare. The majority of people opt for life cover and life insurance to ensure their loved ones are cared for in the event of their death. But like anything in life, money can corrupt and relationships can break down.
Motivated by Money
The man was convicted for life for shooting his wife to access the massive payout her life cover promised. The man had said his second wife had in fact killed herself, but the jury was told it was a physical impossibility that the woman killed herself as her husband claimed. Having such substantial life cover meant her life insurance pay-out was clearly a huge motivation for the man. The couple fought like ‘cat and dog’ the jury were told as well as having money troubles – their house and car had to be repossessed and auctioned.
Life Cover – Beneficiaries Switched
The woman however was wary of her husband and had the foresight to request her life cover and life insurance policy be adjusted so that her children were beneficiaries, not her husband. She also told her friends that if anything did happen to her, that her husband should be the number one suspect. The life cover and life insurance cash clearly motivated the man to take the 38-calibre Smith & Wesson gun and shoot his wife in their bedroom.
Jump Money are specialists in life insurance and are there to answer any questions you may have related to life insurance, life assurance, term insurance and life cover. They will strive to fit an insurance package to the exact criteria you need in order to help you avoid buying products you do not need as well as helping you fully understand your purchase.
To find out more about how Jump Money can help you protect yourself and your belongings call now on 0845 8516262 or visit the website at www.jumplifeinsurance.co.uk.
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