Family of dementia victim who jumped to his death settles with insurers over annuity sales
October 28, 2025 by John Hilton
The widow of a New York City man who jumped to his death has settled a lawsuit with the insurance companies and a broker who sold him annuities.
Joan Jacobson, Jay Jacobson’s widow, claimed that the defendants sold her husband $2 million worth of annuities from 2019 and 2023, with no death benefits. Jacobson, 84, suffered from dementia, his family said, and committed suicide July 27, 2024, by jumping from a penthouse apartment at the Anagram Columbus Circle at 1 West 60th Street.
Originally Posted at InsuranceNewsNet on Oct 27, 2025 by John Hilton.
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