The Rolling Stones In Court Battle Over $12.7 Million Insurance Claim | Music News
Following the death of Mick Jagger’s girlfriend, fashion designer L’Wren Scott, who died from suicide during the band’s Australian and New Zealand leg of their 50th anniversary tour, they had to cancel this part of their shows. The band themselves made an insurance deal to cover the cost of cancelled gigs if any unfortunate events were to happen. Insurance is an ugly word but in these cases where large sums of money are involved, it becomes part of the list that must be ticked.
The Insurance company have refused to pay $12.7 million (£8 million) to the band, as they described Scott’s death as possibly being preventable due to apparent knowledge to the band that she was suffering from mental illness, and the insurance was set to be paid out for ‘sudden and unforeseen’ incidents. Morally, the insurance company’s action is unjustly and grotesque, but in the eyes of the law, it’s legitimate. It does show that even rock royalty can suffer the consequences of a ruthless insurance company, a lesson to us all I suppose – bring your magnifying glass and read all the included ink.
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