From one of my colleagues
Our client (insurance) as been trying to find a jeweller to replace his wedding ring. But no jeweller will give him a discount because of the insurance. He said he refuses to pay full price for jewellery so instead took the cash settlement (at depreciated amount), which was approx $1500 less than the replacement.
Our client (insurance) as been trying to find a jeweller to replace his wedding ring. But no jeweller will give him a discount because of the insurance. He said he refuses to pay full price for jewellery so instead took the cash settlement (at depreciated amount), which was approx $1500 less than the replacement.
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