Murdered Her Ex-Husband Over a $100,000 Life Insurance Policy | Snapped Bonus | Oxygen | Jabar Post Indonesia/a> – This time JabarPost.Net will discuss about Life Insurance.
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Murdered Her Ex-Husband Over a $100,000 Life Insurance Policy | Snapped Bonus | Oxygen | Jabar Post Indonesia
Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money (the benefit) in exchange for a premium, upon the death of an insured person (often the policy holder). Depending on the contract, other events such as terminal illness or critical illness can also trigger payment. The policy holder typically pays a premium, either regularly or as one lump sum. Other expenses, such as funeral expenses, can also be included in the benefits.
Life policies are legal contracts and the terms of the contract describe the limitations of the insured events. Specific exclusions are often written into the contract to limit the liability of the insurer; common examples are claims relating to suicide, fraud, war, riot, and civil commotion.
Modern life insurance bears some similarity to the asset management industry and life insurers have diversified their products into retirement products such as annuities.
Life-based contracts tend to fall into two major categories:
Protection policies: designed to provide a benefit, typically a lump sum payment, in the event of a specified occurrence. A common form—more common in years past—of a protection policy design is term insurance.
Investment policies: the main objective of these policies is to facilitate the growth of capital by regular or single premiums. Common forms (in the U.S.) are whole life, universal life, and variable life policies.
Snapped Bonus: The Prosecution on Georgia Watson (Season 25, Episode 26)
Prosecutor Robb Wilson reflects on the case of Georgia Watson, who was found guilty of conspiring to murder her ex-husband, Jeffrey Watson Sr., and was sentenced to 24 years in prison. The prosecution argued she murdered Jeffrey in order to cash in on a $100,000 life insurance policy on him.
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Snapped Bonus: Friend of Georgia Watson Speaks Out (Season 25, Episode 26)
Jaime Ruiz, friend of Georgia Watson, discusses what Georgia was like in her relationship with her ex-husband Jeffrey Watson Sr. According to Ruiz, Georgia was a romantic and was elated when she married Jeffrey, but their happiness dwindled away. She was shocked when Georgia was arrested in connection with Jeffrey’s 2009 murder.
Snapped Bonus: The Case of Georgia Watson (Season 25, Episode 26)
Those involved in the case of Georgia Watson remember the investigation and trial. Georgia was found guilty of conspiring to murder her ex-husband, Jeffrey Watson Sr., and was sentenced to 24 years in prison. While she was originally sentenced to 48 years, it was later reduced. The prosecution agued Georgia murdered Jeffrey in order to cash in on his $100,000 life insurance policy.
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