Having been diagnosed with a terminal illness, David was unable to work and attempted to live out the rest of his life comfortably. Fortunately, he was able to do this on account of money given to him from his life insurance policy. However, due to certain terms stated in the policy, the conditions made life anything but simple for David… as his parents John and Joan ensured chaos.
Claiming The Life Insurance
Not long after David had been diagnosed with a terminal illness; he called his life insurer to file a claim. David had been prepared for an unfortunate event like this ever since he had turned 18, and fortunately was covered. However, there were two routes he could go down when claiming the insurance. Option 1 involved claiming nothing until his inevitable demise, at which time his next of kin, John and Joan, would receive a large sum, around $1,000,513. However, the second option had several conditions. The life insurance company would pay David’s rent (up to a generous amount) until his death, giving him monthly allowances and expenditure to ensure that he could live out the last of his days in comfort. At the end of this, his next of kin would receive a small settlement of around $25,000. David was sure that option 2 was right for him, well, that was until he told John and Joan about his plans. That was when all HELL BROKE LOOSE…
Claiming The Life Insurance
Disbelief
“What do you mean David? Do you know how incredibly selfish that is?”, Joan exclaimed. He sat there in a state of confusion. “What do you mean Mom?”. She proceeded to angrily explain that if he was to do this, it would leave them penniless. After all they had done for him, raising him, feeding him, clothing him; she couldn’t believe he would leave them high and dry after he passes. David was in disbelief. How could his own parents be so horrid. He is about to pass away and all they care about is money? Well he wasn’t going to stand for it.
Disbelief
