“Why certainly, we’ll be happy to paint a target on your baby’s back, no questions asked—just keep up with the premiums!”

Three insurance companies allowed a Manassas, Virginia father with a suspicious history of violent family deaths to take out life insurance on his 15-month-old son in the astounding amount of more than $500,000. Now the boy, Prince McLeod Ram, is dead, allegedly drowned by the beneficiary of those policies, his dad, Joaquin Rams. He’s under arrest; the companies are unlikely to have to pay out a cent.

I suppose that makes this a good business deal for them.

For the dead kid, not so much. Continue reading →