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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.
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