Last fall, we reported on this tragic story:
"California dad charged with insurance fraud after he drove off cliff, killing autistic sons"
Turns out, "Father of the Year" (non-)contender Ali Elmezayen had purchased the policies just over two years prior, presumably planning ahead to avoid the contestability clause which "allows the carrier to review a recently approved policy to see if there were any misstatements or misrepresentations" and goes away after the first two years. So it appears that Mr E thought that a two week "cushion" would be sufficient.
Ooops:
"A father has been charged with capital murder after his two autistic sons tragically drowned when he drove his family off a Port of Los Angeles pier in California ... Just before the incident, Ali had purchased several accidental death insurance polices.."
And of course "accidental death" nature of the plans was a nice touch: these policies are generally a fraction of the cost of a regular term or whole life plan. And if the goal is to collect in a couple years anyway, who needs long term premium guarantees?
Be a darned shame if anything untoward happened to him in prison.
"California dad charged with insurance fraud after he drove off cliff, killing autistic sons"
Turns out, "Father of the Year" (non-)contender Ali Elmezayen had purchased the policies just over two years prior, presumably planning ahead to avoid the contestability clause which "allows the carrier to review a recently approved policy to see if there were any misstatements or misrepresentations" and goes away after the first two years. So it appears that Mr E thought that a two week "cushion" would be sufficient.
Ooops:
"A father has been charged with capital murder after his two autistic sons tragically drowned when he drove his family off a Port of Los Angeles pier in California ... Just before the incident, Ali had purchased several accidental death insurance polices.."
And of course "accidental death" nature of the plans was a nice touch: these policies are generally a fraction of the cost of a regular term or whole life plan. And if the goal is to collect in a couple years anyway, who needs long term premium guarantees?
Be a darned shame if anything untoward happened to him in prison.
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