Aug. 26–Two years after his spouse and 6-year-old son had been stabbed to dying of their Maple Shade condo, a South Jersey man is preventing to gather $1 million in life insurance coverage on the victims.
Late on March 23, 2017, Hanumantha Rao Narra informed police on a 911 name that he had “simply come from the workplace” to seek out his household lifeless at dwelling.
Forty-six days after the slayings, Narra sought to gather on two life insurance coverage insurance policies, every value about $500,000. However Prudential Monetary Co. has refused to pay him.
Police have made no arrests within the deaths of Sasikala Narra, 38, and the couple’s son, Anish, who lived within the Fox Meadow condo advanced. The investigation is continuous, stated Joel Bewley, spokesperson for the Burlington County Prosecutor’s Workplace.
For that motive, the insurance coverage firm has declined to pay Narra’s declare. Prudential’s attorneys have cited New Jersey’s slayer statute, which prevents anybody chargeable for a dying from benefiting financially.
Whereas police haven’t recognized Narra as a suspect within the crime, attorneys for the insurance coverage firm say the pending investigation doesn’t foreclose that he might have been concerned, in line with courtroom information.
Attorneys for Prudential filed a civil swimsuit in federal courtroom in Newark, N.J., and a choose ordered the $1,031,692 in insurance coverage cash to be held in escrow with the courtroom.
Prudential lawyer Joyce Min and an organization spokesperson declined to remark.
Narra’s lawyer, Jack Venturi, additionally declined to remark. Narra, who now lives in Englewood, Colo., couldn’t be reached.
U.S. Justice of the Peace Choose Cathy Waldor appointed Sasikala Narra’s dad and mom, who reside in India, to symbolize the pursuits of the property. Additionally they couldn’t be reached for remark.
Authorized consultants say such insurance coverage disputes will not be uncommon. As a result of a homicide investigation is ongoing and nobody has been publicly eradicated as a suspect, Prudential might view paying the declare as a monetary danger, stated Matthew Pulle, a lawyer who focuses on insurance coverage and property issues.
“Insurance coverage corporations are usually proactive about it,” he stated. “They normally instantly file swimsuit and deposit the funds into courtroom” to guard themselves from a lawsuit. If an insurance coverage firm had been to pay a declare, solely to have the beneficiary charged within the crime, he stated, the corporate may very well be on the hook for paying the declare a second time.
The Narras each labored for Cognizant, a expertise companies firm. Sasikala’s annual wage was $94,000 and her web value was $750,000, in line with courtroom paperwork. Based on Indian information websites, the couple hailed from the Prakasam district in Andhra Pradesh state, on India’s jap coast.
The FBI is providing a $25,000 reward for data resulting in an arrest.
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