Thaindian News

New York, August 8 (ANI): The promoters of late King of Pop Michael Jackson’s doomed comeback concerts may not be able to collect 17.5 million dollars covered by an accident insurance policy, with a report suggesting that it could be void if “illicit” drugs were involved in the singer’s death.

As per the policy AEG Live bought from Lloyd’s of London, the promotion company could recover any loses it sustained due to any mishaps leading to cancellations of his 50-concert run, which was supposed to kick off on July 13 in London.

“This insurance does not cover any loss directly or indirectly arising out of, contributed to, by or resulting from . . . the illegal possession or illicit taking of drugs and their effects,” the New York Post quoted the policy as stating.

Jackson, 50, died June 25 at his rented home in Los Angeles.

Even though the LA County Coroner hasn’t formally ruled on Jackson’s cause of death, several reports have suggested that the singer probably died from a massive drug overdose.

AEG officials say that they are waiting for the coroner’s findings before seeking to collect on their policy.

“The policy document is confidential and the details of it have not been made public by Lloyd’s,” said Louise Shield, a representative for the insurance company.

“I am afraid we can’t offer any comment,” she said.

According to preliminary findings, Jackson had traces of several drugs in his system when he died, including the anaesthesia and sedatives. (ANI)