The battle over Heath Ledger's $10 million life insurance policy is settled. A document just filed in Los Angeles Superior Court indicates that a confidential settlement has been reached. Heath's daughter Matilda is the beneficiary of the policy.
Reliastar Life Insurance Company had not paid out on the policy even though the actor's death was ruled an accidental overdose. The insurance company wanted to investigate if Heath's initial application was accurate and also said it had the right to explore if his death had been suicide.
The policy had been issued to Heath in June, 2007.
John LaViolette was named custodian of the policy and filed a motion today, which said in part: "The parties have reached a confidential settlement of the matter." A few technicalities need to be taken care of and then the case will be over.
Heath died at age 28 in January, 2008.