This claim will be judged YES if the following conditions are met:
The maximum height has to be > 150 km. It is defined here as either the perigee of the Earth orbit reached or, in the case of a ballistic trajectory, its apogee.
These conditions met, the claim will still pay FX$ 1.00 if, after reaching maximum height,
The claim will be judged NO, if the whole crew dies at a height > 150 km, but before maximum height of the craft is reached.
Additional information can be found in Reuters news, 1999-05-27 and at Encyclopedia Astronautica.