January 8, 2025 • 40 secs
After their barn fire this farmer's wife didn't quite understand how insurance works (Photo: Getty Images)
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Episode Transcript
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Speaker 1 (00:00):
Bill's barn burned down, and his wife Polly, called the
insurance copany. She told them we had that barn insured
for fifty thousand, and I want my money. Well, the
agent replied, hold on a minute, Polly, insurance doesn't quite
work like that. First we will ascertain the value of
what was insured and then provide you with a new
(00:20):
barn of comparable worth. It was a long pause before
Polly said, in that case, and I'd like to cancel
the policy on my husband.
Bill's barn burned down, and his wife Polly, called the
insurance copany. She told them we had that barn insured
for fifty thousand, and I want my money. Well, the
agent replied, hold on a minute, Polly, insurance doesn't quite
work like that. First we will ascertain the value of
what was insured and then provide you with a new
(00:20):
barn of comparable worth. It was a long pause before
Polly said, in that case, and I'd like to cancel
the policy on my husband.
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