The policy, a copy of which was provided Friday to The Associated Press, covers cancellations resulting from death, but its provisions will hinge on the results of an autopsy that has been delayed twice.
Jackson's doctor administered multiple sedatives along with the powerful anesthetic propofol, a potentially lethal combination, hours before the singer died June 25, a law enforcement official who requested anonymity because the death investigation is ongoing told the AP.
It was not immediately clear whether any medications Jackson was taking would negate a payout up to $17.5 million, which would ultimately benefit his estate.
The insurance policy, covering the first 13 shows of the 50-show run, was taken out by Jackson and concert promoter AEG Live in April. Such a policy and its provisions are considered standard for events on the scale of the one for which Jackson was preparing.
A copy of the insurance policy also showed that it had several clauses that would prevent a payout, including if the singer concealed information or acted carelessly to increase the risk of a no-show.
A claim could take months to resolve through a settlement or in court, and either route could be delayed as police investigate a manslaughter charge.
A New York doctor with no connection to AEG Live conducted a medical exam of Jackson in Los Angeles in February. AEG Live Chief Executive Randy Phillips said he was told by the insurance underwriter that Jackson passed "with flying colors." The exam results were shown to the insurers, but not to AEG Live.
