Michael Jackson's Addiction Caused Lloyds to Default on Tour Insurance | The Fix
facebook twitter RSS
HOT TOPICS: Alcoholism  Addiction  AA  Cocaine  Heroin

Michael Jackson's Addiction Caused Lloyds to Default on Tour Insurance

Jackson's undisclosed drug addictions violated the $17 million insurance policy governing his ill-fated "This Is It" tour, says Lloyds of London.

Image: 

The red jacket's for sale.
Photo via familyvideo

By Kirwan Gray

06/07/11

| Share

Michael Jackson’s multiple drug addictions have given insurance giant Lloyds of London the loophole they needed to default on coverage of Jackson’s “This is It” tour. The Daily Mail reports that lawyers for Lloyds have concluded that the deal is off, and the $17.5 million policy is null and void, because Jackson lied about his medical history—in particular his addiction to prescription drugs. Before Jackson’s death during rehearsals, the tour was scheduled to kick off with a 50-concert engagement at London’s massive O2 stadium. Concert promoter AEG Live took out the $17 million policy two months before the tour was slated to begin.

Even more controversially, says Lloyds, the singer failed to disclose his use of the sleep agent Propofol, which is a general anesthetic administered intravenously and unavailable to anyone except licensed medical personnel. Propofol, possibly in combination with other drugs, may have been the cause of his death in June of 2009. But then, like Elvis, Michael Jackson died with so many drugs in his system that it’s a pointless exercise to pick out just one. Lloyds of London is also saying that Jackson, who died at the age of 50, falsely claimed not to have seen a doctor since 2005. (Dr. Conrad Murray, Jackson’s personal physician, has been charged with involuntary manslaughter in a case scheduled to begin in September.)

And furthermore, says Lloyds, Jackson failed to obtain a medical examination required by the policy. Howard Weitzman, attorney for the Jackson estate, told TMZ: “This legal action is nothing more than an insurance company trying to avoid paying a legitimate claim by the insured.”

Meanwhile, the red jacket Michael Jackson wore in the Thriller video will be up for sale at Julian’s Auctions in Beverly Hills later this month. Rumor has it that the estate is hoping to take in as much as $400,000.

Rehabilitation Directories

Most Popular
Sober Living
Normies React to the 12 Steps

"I think admitting to having a problem in general is the right first step, but to admit powerlessness is unhealthy. .. I think admitting powerlessness is more harmful because it doesn't help. Admitting that you want and need help is more useful after admittance."

The Rehab Review
Cliffside Malibu
 
 
 
 

The “beach-house-relaxed” Cliffside Malibu claims to provide an oasis for recovering addicts and alcoholics. And that’s just what you'll get—if you’ve got the cash.

Morningside Recovery
 
 
 
 

For a “rehab near the beach” experience that isn’t quite as costly as similar SoCal competitors, head to this Newport Beach treatment facility.

AToN Center
 
 
 
 

Whether you’re interested in the 12 Steps, SMART Recovery, or holistic treatments, this luxurious, appealing and commendable 4.5 star (our system doesn't yet show the 1/2 star) San Diego rehab has a program for you. 

Reflections
 
 
 
 

This exclusive Northern California rehab is all about client choice—as well as golf outings, Buddhist field trips and keeping up with the office.

Capo By The Sea
 
 
 
 

Capo By The Sea offers an executive rehab program complete with medical detox and a focus on dual-diagnosis issues, as well as an outpatient option in an environment that exudes the kind of beach house optimism one would expect from an Orange County recovery outfit.

Journey Malibu
 
 
 
 

Want many of the luxury amenities A-listers have come to expect—including an enormous backyard with a pool and patio, an herb garden, a volleyball net and a spectacular vista of the Santa Monica mountains—with a recovery program to match?

The Ultimate Guide to Rehab
 
 
 
 
 

What you need to know when choosing an addiction treatment center.

the fix tv