Monday, May 4, 2015

Bank Robbery

*REQUIRED*

A month after his release from jail, Bill Bravo insured his own life in a double indemnity policy. Two months later, he was killed while attempting to hold up a bank. The insurance company refused to pay the benefits to Bill's wife and son, even though the policy contained no provision excluding liability if the insured died as a result of violating the law.

Under what legal grounds can the insurance company refuse to pay this claim? Explain.
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10 comments:

  1. JoeyMay 4, 2015 at 2:56 PM

    They can say they don't insure criminals. maybe. I don't know.

    ReplyDelete
  2. JacobMay 4, 2015 at 2:56 PM

    Since he willfullly broke the law, the terms of the contract are voided. Perhaps so. Maybe we should've gone over this.

    ReplyDelete
  3. DamionMay 4, 2015 at 2:59 PM

    they can say he broke the law. they can say he died in criminal acts so they dont insure criminals. i agree with those 2 i don't know

    ReplyDelete
  4. bryceMay 4, 2015 at 3:00 PM

    They could say that they don't insure criminals.

    ReplyDelete
  5. AnonymousMay 4, 2015 at 3:03 PM

    Because he was trying to steal money they don't got to pay his claim. He also just bought the life insurance. He also was just out of jail.

    ReplyDelete
  6. aceMay 4, 2015 at 3:04 PM

    I feel that they should have to because there were no exclusions. They more than likely knew that he had just gotten out of jail, and they chose to insure him, but they should have made the exemptions more clear.

    ReplyDelete
  7. AnonymousMay 4, 2015 at 3:04 PM

    since he broke the law they should claim of not knowing about his pasr

    ReplyDelete
  8. MorganMay 4, 2015 at 3:07 PM

    Bill Bravo broke the law. They could say that they don't want to insure criminals.

    ReplyDelete
  9. AnonymousMay 4, 2015 at 3:13 PM

    They should have to insure them because they have no exclusion, they probably knew that he had just gotten out. And could insure him

    ReplyDelete
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