tikibarrister
Guru
- 475
Well, ain't THIS a fun read 1 hour before I take my life insurance law exam for my CLU!
Don't worry - when I took mine, there were zero questions about drowning your children. May be different in your state.
Just watch any Dateline or 48 hours episode where one spouse is accused of killing the other. As soon as they mention the deceased had insurance and the spouse is the beneficiary, they are going to jail.
It's normally some dinky policy too that's been in force for years.
There's a YouTube channel called "That Chapter" which has brief (20-30 mins) interesting true crime stories. I swear 80%+ of them involve life insurance. The guy who does them even jokes about it.
And yeah, it's usually $5,000-$25,000. I only remember one episode where it was more than $1 million, and that was on a woman who was an executive and had a multi-million estate to begin with, so the insurance was just a cherry on top.
I mean, I wouldn't kill anyone for life insurance even if it was $1 billion, but if I was to consider such a heinous act, it sure as hell wouldn't be for five grand.