Tag

Life Insurance

All articles tagged with #life insurance

crime1 year ago

Wisconsin Kayaker Allegedly Fakes Death, Flees to Europe

A Wisconsin man, Ryan Borgwardt, is suspected of faking his own death during a kayaking trip and fleeing to Europe. Authorities found evidence of his passport use post-disappearance, a new life insurance policy, and financial transfers to a foreign account. His kayak and belongings were left behind, but no body was recovered. Investigators believe he is alive in Eastern Europe and are considering charges for obstruction and fraud. His family is cooperating with the investigation.

crime1 year ago

Wisconsin Kayaker Suspected of Faking Death and Fleeing Abroad

Ryan Borgwardt, a Wisconsin kayaker, allegedly faked his own death after taking out a $375,000 life insurance policy and possibly fled overseas, potentially to join a woman in Uzbekistan. His disappearance led to extensive search efforts, but investigations revealed he had planned his escape, including obtaining a second passport and attempting to transfer funds abroad. Authorities, including the FBI and Department of Homeland Security, are involved in locating him and any accomplices. Borgwardt's family, including his wife who had suspected the deception, are cooperating with the investigation.

entertainment1 year ago

"Giancarlo Esposito's Extreme Pre-'Breaking Bad' Financial Plan"

Before landing his iconic role as Gus Fring on "Breaking Bad," Giancarlo Esposito was so broke that he considered arranging his own murder for life insurance money to provide for his children. This desperate idea came to him in 2008, a year before his career took a turn with "Breaking Bad," leading to roles in "The Mandalorian" and "The Boys." Despite his financial struggles, Esposito ultimately found success and is now interested in playing Gus Fring in a prequel series about the character's backstory.

health-insurance1 year ago

"MassMutual Expands Genetic Testing Program for Policyholders"

MassMutual, a major life insurer, is offering free genetic risk assessments for common diseases to its 4.2 million policyholders, aiming to encourage proactive health measures and potentially prolong policyholders' lives. While this move could benefit both the insurer and its members, it also raises concerns about the ethical and privacy implications of using genetic information in the insurance industry.

business2 years ago

Ebix's Bankruptcy Filing Sends Stock Plummeting, but "Stalking Horse" Sale Agreement Offers Hope

Ebix, a leading international supplier of software and e-commerce services, has reached a "stalking horse" agreement to sell its North American Life and Annuity assets to Zinnia as part of its efforts to strengthen its balance sheet and position the company for sustainable growth. The sale is part of Ebix's strategic decision to seek a value-maximizing transaction and will allow for a seamless transition for its customers. Ebix has filed for Chapter 11 bankruptcy protection to provide time for the sale process and to deleverage its balance sheet. The company's international subsidiaries and operations will continue to operate normally.

personal-finance2 years ago

Navigating the Costs and Coverage of Long-Term Care Insurance

Long-term care insurance can help cover the expensive costs of long-term care, but it also comes with its own price tag. To make paying for coverage easier, options include utilizing single-premium long-term care insurance by repurposing retirement funds, adding a long-term care rider to a life insurance policy, using healthcare savings accounts (HSAs) to pay premiums, and purchasing a policy early to lock in a more affordable rate. These alternatives can help individuals plan for and manage the financial burden of long-term care.

technology2 years ago

"Score a Free Apple Watch Ultra 2 or Series 9 with Exercise!"

John Hancock's Vitality Plus life insurance program offers customers the opportunity to earn points through regular exercise, which can be applied towards the monthly payment for an Apple Watch Series 9, Apple Watch Ultra 2, or Apple Watch SE. Customers make an initial payment of $25 for the hardware and the remaining balance is divided into monthly payments over 24 months, which can be reduced to $0 with regular exercise. The monthly payments vary based on the number of Vitality Points earned, with the possibility of paying nothing per month for 500 points.

crime2 years ago

Accused US Woman Googled 'Luxury Prisons for Rich' Before Allegedly Killing Husband

Kouri Richins, a US woman accused of killing her husband with a lethal dose of fentanyl, had a Google history that included searches for "luxury prisons for the rich in America" and how long it takes life insurance companies to pay. She also searched whether investigators can see deleted messages, how long life insurance companies take to pay claimants, and if the cause of death can be changed on a death certificate. Her defense attorney claims she was simply researching her case, but the judge called her a "substantial danger" to society and ordered her to remain behind bars.

crime2 years ago

Utah woman's alleged search history and defense claims in husband's murder case

Kouri Richins, a Utah mother charged with murdering her husband, allegedly conducted extensive online research after his death, including searches for "luxury prisons for the rich" and how long it takes life insurance companies to pay. She also researched whether investigators can see deleted messages, how long it takes for life insurance companies to pay claimants, and if the cause of death can be changed on a death certificate. Richins is charged with first-degree aggravated murder and multiple counts of second-degree possession of a controlled substance with intent to distribute.

crime2 years ago

Utah Mom's Alleged Fentanyl Poisoning and $2 Million Life Insurance Policy on Husband

Kouri Richins, a Utah grief author, has been charged with aggravated murder and possession of a controlled substance with intent to distribute after allegedly poisoning her husband with a spiked drink containing a lethal dose of fentanyl. Court documents reveal a contentious court battle, secret life insurance policies, stolen money, and the hiring of a private investigator to investigate the death of Eric Richins. Kouri Richins is accused of purchasing at least four life insurance policies on her husband totaling nearly $2 million, without his knowledge. She is due in court on June 12.

crime2 years ago

Utah author accused of taking out $2M life insurance on poisoned husband.

Kouri Richins, a Utah woman accused of poisoning her husband with fentanyl, allegedly had nearly $2 million in life insurance policies against him. She also took out a $250,000 home equity line of credit and withdrew at least $130,000 from his bank accounts and credit cards. Her husband had contacted divorce and estate planning lawyers and altered his will to make his sister the primary beneficiary after finding out about her actions.

crime2 years ago

"Utah children's book author accused of taking out $2M life insurance before husband's murder"

Kouri Richins, a Utah children's book author accused of murdering her husband, allegedly took out nearly $2 million in life insurance policies on him prior to his death. Eric Richins' family told authorities he had been in fear for his life after Kouri allegedly tried to poison him once several years ago in Greece and again on Valentine's Day 2022. Kouri is accused of poisoning Eric with a Moscow Mule spiked with fentanyl while they were celebrating a home sale on March 3, 2022. She allegedly closed a deal on a $2 million mansion alone the next day and hosted a party at her home.

crime2 years ago

Utah Mom Allegedly Poisons Husband with Fentanyl for $2 Million Life Insurance Payout.

Kouri Richins, who is charged with aggravated murder and three counts of possession of a controlled substance with intent to distribute following the death of her husband, Eric Richins, allegedly secretly took out almost $2 million in life insurance policies on him. Eric Richins was found unresponsive in the bedroom of their home in Kamas, after she made him a Moscow Mule to celebrate a business deal. An autopsy and a toxicology report found that he died from a fentanyl overdose. Prosecutors said Richins slipped five times the lethal dose of fentanyl into the cocktail.

crime2 years ago

Utah Mom Allegedly Poisons Husband with Fentanyl for $2 Million Life Insurance Payout.

Kouri Richins, who is charged with aggravated murder and three counts of possession of a controlled substance with intent to distribute following the death of her husband, Eric Richins, allegedly secretly took out almost $2 million in life insurance policies on him. She is accused of poisoning him with fentanyl and then writing a children's book about grief after he died. Richins is also accused of appropriating distributions made from her husband's business "for the purpose of making federal and state quarterly tax payments and not paying the taxes."

crime2 years ago

Utah author accused of murder took out $2M in life insurance policies on husband

Kouri Richins, a children's book author accused of fatally poisoning her husband, Eric Richins, changed his life insurance policies years before his death, according to updated charging documents. Prosecutors allege that Kouri poisoned Eric by slipping five times the lethal dose of fentanyl into a cocktail she made for him in March 2022. Kouri had previously bought four life insurance policies on Eric's life without his knowledge from 2015 to 2017 with benefits totaling nearly $2 million. Eric had discovered several other major financial moves carried out by Kouri without his knowledge, including stealing about $134,000 from his business meant for tax payments.