workin hard said:
BuddyLee said:Why hasn't somebody *coughpoliticianscough* cracked down on these insurance companies?
Kain99 said:Not to be a meamie but... Live by the sword, die by the sword. He lived like he had a death wish.
I'm not really sure they should pay.
Sorry Catt... Not always. I am pretty sure, the guy would have been in hock up to his neck if his job was considered.cattitude said:It's not like they didn't know what his occupation was. Gimme a break. You pay your premium based on your friggin job.
from the quoted articleKain99 said:Sorry Catt... Not always. I am pretty sure, the guy would have been in hock up to his neck if his job was considered.
He drove himself into a wall. Horrifying really ...but people do that crap.
I doubt his premiums would have been that high if he was an accountant. Also, Big E didn't have to make the payments:The next day, the race team received a second invoice - dated two days before the crash - for another $5,000 payment toward the annual $21,645 premium.
Even risk-takers have insurance options, and they typically pay higher premiums for those policies ... thus the $20K+ annual premium mentioned above.Richard Childress Racing took out the policy on Earnhardt's behalf and made a $5,000 payment in January 2001. ...
The $3.7 million was part of a $7.2 million benefits package, according to the driver's contract. A $3.5 million policy with a second insurer, set up in 1996, was paid to Childress and signed over to Earnhardt's widow, Teresa.