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Thursday 22 December 2011

AEG Live set to gain Insurance Claim if Micheal Jackson death results from Drug Overdose

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AEG Live were the promoters behind Michael Jackson’s comeback tour. As a condition of performing the O2 Concerts, Michael Jackson was required to pass a five-hour medical exam. Lloyds of London, the insurance company hired to cover any losses associated with the Concerts, had an independent physician fly out from New York to give the exam, and AEG Live was told he passed with flying colors.
If Michael Jackson was taking the amount of prescription drugs that the Media is alleging, wouldn’t that have been picked up in a blood test during this medical exam months ago?
As a result of the exam, AEG Live secured insurance cover for the first 22 concerts but were unable to get coverage for all full 50 shows at a cost of $500 million. They’ll now being paying millions to refund tickets, unless however the fans opt to have their tickets exchanged for the specially designed ticket created by Michael Jackson himself, a convenient way that AEG could re-coup some of their monetary losses.
AEG Live, will receive a multi-million dollar payout from the show’s insurers if reports linking the superstar’s passing to drugs are correct – because their policy covers death by overdose.
AEG Live bosses took out a $17.5 million insurance policy from Lloyd’s of London in the event a health crisis that would cause Jackson to pull out of his 50-date London residency.
If drugs are proved to have played a part in Jackson’s death, AEG executives will be able to recoup some of their massive losses – but not if he’s ruled to have died of natural causes, according to the company’s chief executive Randy Phillips.
It seems very convenient that the insurance policy held by AEG Live covered death by overdose, but not death by natural causes. It appears to be even more convenient that the Media almost immediately began to report that Michael Jackson’s Cardiac Arrest was almost certainly the product of repeated drug use and an overdose of the drug Demerol just before he ‘died’.
Claims have been made by the Jackson Family, that they knew of no such drug addiction and reports that the singers body was covered in needle marks are also said to be false.
So why then does it seem that the Media is so desperate to have us all believe the drug addiction story? Is it simply so AEG Live will recoup some of their money? Or is it because it’s the most believable story to make us all accept that Michael Jackson really is dead?

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