Heath Ledger’s life insurance

Earlier today, I discussed the ramifications of Heath Ledger’s winning of the Best Supporting Actor Oscar.

Another issue regarding his estate has also been recently settled.

At the time of his death, Heath had a life insurance policy for $10 million payable to his daughter, Matilda.  The insurer, ReliaStar Life Insurance Company, was reluctant to pay for two reasons.  First, there were allegations that Heath’s death was suicide, rather than accidental.  Second, Heath may have lied on the life insurance application by stating that he never used illegal drugs.

A settlement has been reached but the terms are unknown.

See Heath Ledger Life Insurance Case Settled, TMZ.com, Jan. 29, 2009.

Special thanks to David S. Luber (Attorney at law, Florida Probate Attorney Wills and Estates Law Firm) for bringing this article to my attention.