Heath Ledger Insurance Company Will Not Pay Out

Matilda Rose will inherit the $20 million estate of Heath Ledger, after his family decided to give it to her because it was the right thing to do. Heath’s life insurance company, ReliaStar Life Insurance Company, however, said they believe Heath’s death may have been suicide, so they won’t pay out the death benefit of $10 million. The company said they will perform their own investigation, which will include talking to Mary-Kate Olsen. Police already rule Heath’s death accidental, but they aren’t always right.

ReliaStar’s attorneys are going to take the depositions of MKO, as well as the masseuse who discovered him dead. They’ll also be interviewing his doctors, agents, co-stars on films, psychologists, and many others.

Matilda’s lawyers say ReliaStar is violating California law which does not allow insurance companies to reexamine applications after the death of the policyholder. In other words, the insurance company would have had to do their due diligence when Heath applied for the insurance, and not now that he has paid his premiums and died.

Matilda’s lawyers say ReliaStar are acting "maliciously, fraudulently and/or oppressively."

The life insurance policy was written June of 2007, only six months before Heath died.