Charles Hardin Holley (September 7, 1936 â February 3, 1959), known as Buddy Holly, was an American musician and singer-songwriter who was a central figure of mid-1950s rock and roll.is style was influenced by country music and rhythm and blues acts, and he performed in Lubbock with his friends from high school. He made his first appearance on local television in 1952, and the following year he formed the group Buddy and Bob with his friend Bob Montgomery.
Therefore, insurance companies usually prohibit claims when suicide is the cause of death, but that limitation usually lasts for only 2 years from the date of policy issuance. If suicide occurs within 2 years, payment is typically limited to a refund of premiums.he policy.
If you set up an irrevocable life insurance trust instead, you may want all your beneficiaries to receive the death benefits immediately. In this case, the insurance proceeds would be payable to your trust, your trustee would distribute the money to your beneficiaries, and the trust would then close.ome states, such as Georgia, permit dissolution of an irrevocable trust if you, your trustee or a beneficiary file a petition with the court to terminate it. You'd need good cause, but this option wouldn't require the consent of everyone involved.