There's a great anecdote- I've no idea if it's true but it entertains.
A man bought several boxes of cigars and had them insured against fire. When he had smoked them, he put in a claim against the insurance company that they had been destroyed by fire. The company refused to pay, and the man sued. The judge ruled that the company had given the man a policy protecting against fire, and must pay. The insurance company took him to court but was ordered to pay the man his claim because his policy did not specify the exact nature of fire it covered or excluded.
The man jauntily stepped into the bank with his check. However, the moment he cashed it, he was arrested, charged, and convicted of twenty-four counts of arson — one for each cigar.
There's a great anecdote- I've no idea if it's true but it entertains.
A man bought several boxes of cigars and had them insured against fire. When he had smoked them, he put in a claim against the insurance company that they had been destroyed by fire. The company refused to pay, and the man sued. The judge ruled that the company had given the man a policy protecting against fire, and must pay. The insurance company took him to court but was ordered to pay the man his claim because his policy did not specify the exact nature of fire it covered or excluded.
The man jauntily stepped into the bank with his check. However, the moment he cashed it, he was arrested, charged, and convicted of twenty-four counts of arson — one for each cigar.
haha! good one