r/MurderedByWords yeah, i'm that guy with 12 upvotes Dec 09 '24

#2 Murder of Week 68,000 Americans

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u/Murky_Hold_0 Dec 09 '24

Speaking of life insurance, I wonder how much money the CEOs family received depending on whether his death was a homicide or suicide.........

4

u/r0thar Dec 09 '24

His company payout alone is $21m, life insurance will no doubt be multiples of that due to loss of earnings and I'm sure his package included his work paying the huge premiums.

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u/[deleted] Dec 09 '24

Maybe. I'm not rich enough to know what those plans are like lol

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u/Superb_Wrangler201 Dec 09 '24 edited Dec 09 '24

Almost all life insurance policies have clauses voiding certain deaths. ie: Suicide/skydiving. all other cases pay the same that i've seen.

e: I forgot there were some clauses that paid more

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u/Murky_Hold_0 Dec 09 '24

Death by accident can pay out way more than normal. Happened in my family.

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u/Superb_Wrangler201 Dec 09 '24

you're right. there's some supplemental clauses I remember now. I was wrong

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u/iploggged Dec 09 '24

The payout is the same, unless the policy is less than 2 years old and he kills himself, then they don't pay.

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u/PupEDog Dec 09 '24

Even lower class people have have life insurance payouts that are large, so yeah I wonder what his family got. 50 mill is my guess.