Insurance 101 – Chapter 4 – Volume 42 – Losses Arising From Possession of Controlled Substances

Losses Arising From Possession of Controlled Substances

The New Jersey Superior Court, Appellate Division refused to allow coverage for defense  or indemnity of a wrongful death claim resulting from an attempt to purchase marijuana on credit and then, when the purchase failed, to steal the marijuana with a gun. The attempted theft resulted in the death of an individual.

The following video was adapted from my book, “Insurance Claims A Comprehensive Guide” Published by the National Underwriter Company and is available at the Zalma Insurance Claims Library

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The author and publisher disclaim any liability, loss, or risk incurred as a consequence, directly or indirectly, of the use and application of any of the contents of this blog. The information provided is not a substitute for the advice of a competent insurance, legal, or other professional. The Information provided at this site should not be relied on as legal advice. Legal advice cannot be given without full consideration of all relevant information relating to an individual situation.

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