But the multi-million pound payout due to the youngsters, after the death of their father last month, appears to be in jeopardy, as insurers are allegedly probing the circumstances under which the King of Pop died.
Authorities were said to be looking at the possibility that Jackson did not die naturally, and his death could even be tagged as suicide because of his long running abuse of prescription drugs or that his failure to declare his addictions nullifies the policy. "The insurers are investigating the possibility this was, in fact, not natural death," the Daily Express quoted the New York Post as saying.
“Also investigating whether he was totally truthful or evasive or did he actually lie when applying for this policy... Their tactic is gearing up to say his not-so-natural death was self-inflicted by his lifestyle. I'm hearing they may go further with the tack that his history of drugs amounts to suicide. The policy does not pay out on suicide," it was added.
London (ANI): Michael Jackson's 13.3 million pound life insurance policy is hanging in mid-air as officials are reportedly investigating whether his death was 'self-inflicted'. The singer had named his three children Prince Michael, 12, Paris, 11, and seven-year-old Prince Michael II, as sole beneficiaries.