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Lloyd's of London: MJ Lied, So We Won't Pay

6/6/2011 3:19 PM PDT BY TMZ STAFF

Lloyd's of London has gone to court ... asking a judge to let the company off the financial hook, claiming it doesn't owe the Michael Jackson Estate $17.5 million on grounds MJ was a fraud.

1102_michael_jaCKSON_GETTY_EX

The company issued the muilti-million dollar policy to cover the doomed "This Is It" tour for losses. 

But Lloyd's claims it doesn't have to honor the policy for 2 primary reasons:

1.   Michael Jackson and AEG allegedly lied about Michael's medical history -- specifically, MJ said he had not seen a doctor other than a cosmetic MD since June, 2005.

2.  Michael did not disclose he was taking prescription drugs prior to and at the time of his death -- including Propofol.

Lloyd's is asking the court for a declaration that the policy is null and void as a result of the alleged fraud.

Howard Weitzman, the lawyer for the Estate, tells TMZ, "This legal action is nothing more than an insurance company trying to avoid paying a legitimate claim by the insured."



222 COMMENTS

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16.

chanel    

So Lloyd's Take out a policy without any medical examination?
That is to the point of absurdity,especially when it's regarding
such a mega-superstar like Michael Jackson...
No way.....
They don't pay cause Michael is alive and well!!!!!!
That 's the truth!

1202 days ago
17.

Khate sucks    

Team Lloyd!

1202 days ago
18.

HumanNature    

LOOK LIKE AEG IS IN THE HOLE FOR $30 MILLION!!!!

THAT'S WHAT THEY GET FOR KILLING THE "KING"!!!!

1202 days ago
19.

Tammy    

Of course he lied!! There was NOTHING real about that male!!

1202 days ago
20.

asaviour    

All I have to say is that one of the most hated men in the world is one who gives his wealth away to the poor and sick. It is sad that the worlds' top humanitarian and his beloved children are still being attacked and mocked. Give him and his children some peace. When will the human family ever respect each other ?

1202 days ago
21.

Nostradamus    

Wondering the same thing as Chris; if the policy is declared null and void, will the premiums be returned?

1202 days ago
22.

HumanNature    

TMZ

TELL THE TRUTH AND SHAME THE DEVIL!!!

AEG WAS THE "MASTER MIND AND CULPRIT" BEHIND THE FRAUD!!!

1202 days ago
23.

Ulja    

Madhouse ! A brothel!

1202 days ago
24.

PRO US    

MJ lied he was using drugs? What a shocking allegation! How dare they say MJ ever lied about anything? Who does Lloyd's think they are? MJ was innocent, righteous, sweet and pure like Mohammed, Jesus and Moses, right? Right?

1202 days ago
25.

HumanNature    

The promoter should have informed Lloyd's what it knew about the singer's medical history, "including but not limited to, his apparent prescription drug use and/or drug addiction," the suit states.

Within days of the singer's death, an attorney for AEG submitted a claim with Jackson's death certificate, the suit claims.

The insurer states a medical exam of Jackson required by the policy was never conducted, and that they should not have to pay out for the canceled shows scheduled for London's O2 arena.

http://www.forbes.com/feeds/ap/2011/06/06/entertainment-us-michael-jackson-insurance-suit_8503113.html

HOW CAN MJ BE SUED FOR FRAUD WHEN HE NEVER SUBMITTED TO A MEDICAL EXAM??????

CLEARLY, AEG COMMITTED FRAUD NOT MJ!!!!!

1202 days ago
26.

SantaFeJack    

Hadn't seen a doctor since 2005? I'll bet whoever read that on the application laughed his/her ass off! And then stamped it "approved", and sent the premium check onward. I'll be amazed if the courts order Lloyd's to pay. Probably won't know for months, years to come.

1202 days ago
27.

Barb.A.    

Didn't MJ have a physical examination and it was stated that he was healthy & passed it, but was required to have one more before the tour began? And wasn't it Murry who talked to the Ins.Co. & said that MJ was in excellent health & had no drug habits? remember that's who Murry was talking to the morning that MJ died.

1202 days ago
29.

Pearl Jr    

I knew that bogus story on tmz.com a month or so after the annoucement that MJ died, Lloyd's didn't pay $3 million to the estate.This will never be paid because Michael JOE Jackson is NOT dead.
Ready to beLIEve! DVD-"Alive! Is Michael Jackson REally Dead?"

MichaelJacksonInsider com

1202 days ago
30.

Ulja    

Justice for MJ! Truth must win!

1202 days ago
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