This Company Makes a Killing

When M. Smith was diagnosed with cancer and AIDS in the early 1990s, she was given two years to live.

That she is still very much alive today is good news - to everyone but the people who bet big on her dying.

Had Smith perished on schedule, Life Partners Inc. would have made $60,000 on a $90,000 wager - a 66 percent return on the investment.

Instead, the company that expected to make a profit on Smith's life insurance policy wound up spending $100,000 more keeping her alive.

Now, Life Partners' attempt to wriggle out of the relationship has led to one of the most morbid contract disputes ever filed in New Jersey Superior Court.

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