Durham couple took out life insurance before wife’s murder [The News & Observer (Raleigh, N.C.)]
| By Jane Porter, The News & Observer (Raleigh, N.C.) | |
| McClatchy-Tribune Information Services |
Abaroa, 33, is charged with first-degree murder in the stabbing death of his pregnant wife. He says he found his wife's body in an upstairs room upon returning from a soccer game in
"They wanted (life insurance) because she was pregnant at the time," Lanier said. "That was one issue. ... There was a combination of things we discussed."
Lanier agreed with defense attorney
"Yes, particularly at their ages," Lanier said.
Two other agents detailed the process by which Abaroa, named as his wife's primary beneficiary, tried to collect on her life insurance policy after her death and inquired about using the money to set up a trust fund for their son Kaiden.
The policies the Abaroas took out had contestability clauses, stating that a death within two years of the policy being taken out would warrant a fraud investigation.
An agent agreed with the defense that anyone who took out these kinds of policies would be aware of the clause.
Abaroa's claim is pending.
Porter: 919-593-7884
___
(c)2013 The News & Observer (Raleigh, N.C.)
Visit The News & Observer (Raleigh, N.C.) at www.newsobserver.com
Distributed by MCT Information Services
| Wordcount: | 282 |


The News & Observer (Raleigh, N.C.), David Bracken column [The News & Observer (Raleigh, N.C.)]
Advisor News
- CT governor’s candidates claims: What’s true, and what’s misleading
- Retaining clients by giving them a memorable experience
- Addressing the longevity paradox
- Employers shift focus from retirement access to financial outcomes
- Helping widowed clients navigate their new financial reality
More Advisor NewsAnnuity News
- Farm Bureau P&C insurers post first underwriting gain since 2021
- Legacy Marketing, Malibu Life launch two fixed indexed annuities
- Changing client priorities are reshaping annuity conversations
- Solen Software acquires annuity software provider Cooperative Technologies
- MassMutual Expands Lending Options With New Secured Credit Line
More Annuity NewsHealth/Employee Benefits News
- Centene sues feds over low ratings for senior health plans
- Terry Savage: Small business owners, now is the time to offer health insurance coverage
- Aldermen select employee medical insurance broker services provider
- Southwest Bridge Health focusing on insurance coverage gap in Berrien County
- HEALTHCARE SHOULDN'T REQUIRE A MAP
More Health/Employee Benefits NewsLife Insurance News