Why the Rolling Stones’ insurance battle matters to mere mortals | James Daley

The Stones’ insurer’s rejection of their $12.7m claim for cancelled concerts following L’Wren Scott’s death shows how tricky full disclosure can be

They may be gods in the world of rock’n’roll, but the Rolling Stones are, it would seem, not untouchable when it comes to dealing with the wolves of the insurance industry. Earlier this week, it emerged that the band is embroiled in an all too common consumer battle against its insurer, which is refusing to pay a $12.7m (£8m) claim for shows that were cancelled on a recent tour.

The Stones cut short the Australian and New Zealand legs of their world tour in the spring after Mick Jagger’s girlfriend, L’Wren Scott, took her own life. While this was just the kind of shock event that the band had bought insurance for, the underwriter pointed to a clause in the small print stating that claims would only be paid if they were due to events that were “sudden and unforeseen”.

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