Lloyd's Of London.........again
mjboogie
Posts: 1,067
FIRST PUBLISHED: August 25, 2009 10:04 PM EDT
LAST UPDATED: August 25, 2009 10:16 PM EDT
Slavit, an ear-nose-and-throat specialist, based in New York City, administered Michael Jackson’s physical in February of this year, which the pop star reportedly passed. The physical report allowed Lloyd’s of London to issue the insurance policy on the pop star, under the name of “Mark Jones,” according to the Los Angeles Times, to AEG Live in relation to his London concert dates.
Credit goes to sunrise originally posted March 3, 2010 (sunrise if you are reading I am giving you credit <!-- s:) -->:)<!-- s:) -->
OK this paragraph taken from that particular article is pretty self explanatory. Some of you may have read it some of u may have not regarding MJ's 4 hour physical that he supposedly PASSED WITH FLYING COLORS?
Question............It common procedure for a insurance company to be ALLOWED to issue an insurance policy under a ALIAS name? As the article above states LLoyds of London issued this under the Alias MARK JONES????? Kinda like MJ admitted to UCLA under Alias Seoul SHaun or (lol! something like that somebody help me here! <!-- s
--><!-- s --> ) Anywhoo.......any insurance experts on board that can shed some light. Seems MJ sure did use lots of alias names hugh? The prescriptions, insurance policy, hospital admittance??? Is this normal procedure? And please feel free to share any other thoughts on this. I know we have touched on it but sometimes you go back and catch things or question things that may have been overlooked? And MJ is worth me going over whatever a million times If I have to. <!-- s:( -->:(<!-- s:( --> Thanks.
LAST UPDATED: August 25, 2009 10:16 PM EDT
Slavit, an ear-nose-and-throat specialist, based in New York City, administered Michael Jackson’s physical in February of this year, which the pop star reportedly passed. The physical report allowed Lloyd’s of London to issue the insurance policy on the pop star, under the name of “Mark Jones,” according to the Los Angeles Times, to AEG Live in relation to his London concert dates.
Credit goes to sunrise originally posted March 3, 2010 (sunrise if you are reading I am giving you credit <!-- s:) -->:)<!-- s:) -->
OK this paragraph taken from that particular article is pretty self explanatory. Some of you may have read it some of u may have not regarding MJ's 4 hour physical that he supposedly PASSED WITH FLYING COLORS?
Question............It common procedure for a insurance company to be ALLOWED to issue an insurance policy under a ALIAS name? As the article above states LLoyds of London issued this under the Alias MARK JONES????? Kinda like MJ admitted to UCLA under Alias Seoul SHaun or (lol! something like that somebody help me here! <!-- s
--><!-- s --> ) Anywhoo.......any insurance experts on board that can shed some light. Seems MJ sure did use lots of alias names hugh? The prescriptions, insurance policy, hospital admittance??? Is this normal procedure? And please feel free to share any other thoughts on this. I know we have touched on it but sometimes you go back and catch things or question things that may have been overlooked? And MJ is worth me going over whatever a million times If I have to. <!-- s:( -->:(<!-- s:( --> Thanks.
Comments
Well they used the name Mark Jones. Initials MJ. I have a friend who is an Insurance broker who also sells life insurance. Now we may not have the same laws CANADA and U.S.A. but in Canada it is illegal to have an unsurance policy under an Allias Name. I do not understand why it was not under Michael's name? Unless he knew all this time that he would fake his death and no one can be able to cash the money. If he ever decides to come back he will not be put in jail for faking his death. Once you fake your death and you cash in your policy you automatically commited fraud, and you are put in jail. Again I am speaking for the Canadian law. Blessings.
The policy insured in this case was the corporation who owed/organized the tour including Michael as a main performer, depends on the contract provisions beetween MJ and AEG.
THERE IS NO WAY POLICY CAN BE WRITTEN UNDER FALSE NAME, ONCE IT IS REVEALED, THAT POLICY IS VOID and of course not payable.
so what I am understanding is that they can put the policy under an Alias name but once something happened they cannot claim it because it us under an assumed name. Is that correct? If so well i said the same thing. thanks for clarifications. Blessings
In general your clarification is right. BUT! There is no insurance broker be such an idiot to write the policy on Alias name jeopardizing his license. Besides, if Lloyds knows that test passed by Michael Jackson, policy can not be boud under the different name.Plus, Estate got money from event cancellation, which means policy was written with correct name. I see misleading information out there, that's all.
Suzi~Ses~Its~Right:
Please do post a pic of your ex-Mark Jones. This is way too interesting and coincidental. Do you think it could be so? Does he still look like MJ of the 80's???? Too funny and can definitely understand your shock!
Jackson was scheduled for a second physical
The British carrier underwriting the majority of the risk for the pop star's planned comeback concerts insisted on follow-up tests by a London physician.
Michael Jackson was scheduled to undergo a second physical by an insurance company doctor at the time of his death, according to the terms of the policy purchased by the promoter of his planned comeback concerts in London.
A New York doctor gave Jackson a battery of medical tests in February so promoter AEG Live could get insurance for a portion of the performances, but the British carrier underwriting the majority of the risk, Lloyd's, insisted on a follow-up physical by a London physician closer to the July 13 kickoff show.
Under the terms in place when Jackson died, the $17.5-million policy covered only "losses" -- cancellations or non-appearances by the pop icon "resulting from accident." That coverage could have been expanded to include shows scuttled by a death from natural causes or by illness, but only after insurance officials had reviewed the results of the second medical examination and watched a run-through of the show at the O2 Arena.
Jackson, 50, died June 25, the week before he was to travel to London.
Jackson, who had struggled with prescription drug addiction, was taking medication at the time of his death.
On Thursday, AEG Live provided a copy of the policy to Jackson's mother, Katherine, in what the company said was an effort to quell misinformation about its terms. The entertainer's father, Joe Jackson, suggested in an interview Sunday with Fox News' Geraldo Rivera that there was something suspicious about the AEG policy.
According to a copy obtained by The Times, the policy specifically prohibited a payout if cancellations were related to illegal drug use.
"This insurance does not cover any loss directly or indirectly arising out of, contributed to, by or resulting from . . . the illegal possession or illicit taking of drugs and their effects," the policy read.
[/b] Authorities are investigating the role drugs may have played in his death and are mulling charges against his personal physician, Dr. Conrad Murray. The L.A. County coroner's office has not yet released the results of a toxicology screen. AEG has said that the company is awaiting an official determination of death before trying to collect on the policy.
L.A.-based AEG has said getting insurance coverage for the troubled singer's comeback effort was difficult. The Lloyd's policy covered the income expected to be generated during the first 13 of the 50 planned concerts.
The promoter's chief executive, Randy Phillips, has said the company spent up to $30 million mounting the elaborate show but expects to recoup the investment by collecting on the insurance policy and embarking on various deals with the Jackson estate, including a documentary film.Much of the policy appears standard, but aspects testify to Jackson's global fame. In an effort to guard his privacy, Jackson was referred to throughout the policy as Mark Jones. The policy also indicates the high stakes in keeping Jackson healthy. With a common cold carrying a potential cost in the millions, the policy barred Jackson from holding "meet-and-greets" with fans.
The policy, finalized in April, also covered Jackson's then-manager, Dr. Tohme Tohme.
"I think they put me on the insurance because we were traveling together and we were going to be together," the businessman said.
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Thank you Scorpionchik - you sound like one who has knowledge in this field and what you say makes a lot of sense. I can totally believe that they'd protect his privacy during the medical examination by using an alias but the actual documents need to have his real name on them to be legitimate. I think Suzie's ex should come forward for interrogation...joking, of course <!-- s:) -->:)<!-- s:) --> Blessings.
God bless you for posting this article. I have been searching for it since late August 2010. Thank you so much! Blessings! <!-- s:) -->:)<!-- s:) -->
You are very welcome as well. I saw this article referenced by Ian Halperin in "Gone Too Soon" very recently. I had never heard about this information and even tried with no luck to search for the article online many times. God bless you for your detective skills and your continued love for our sweet angel, MJ! You are a blessing! xoxox <!-- s:) -->:)<!-- s:) -->