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The Amazing Story of “Iron Mike” Malloy (Michael Malloy, Mike the Durable, Murder Trust)

Jimmy Akin's Mysterious World

CHAPTER

Double Indemnity: A Concept in the Insurance Industry

Double indemnity is a concept in the insurance industry where they pay out twice what they normally would pay under certain conditions. Only about 5% of deaths are the result of accidents, so the odds of having to pay twice aren't very high. Mike was a raging alcoholic and he'd been one for years. The plan was to give him unfettered access to alcohol and let him drink himself to death.

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