Читать книгу One Thousand Ways to Make a Living; or, An Encyclopædia of Plans to Make Money - Harold Morse Dunphy - Страница 104

Table of Contents

You may think you have heard of all kinds of insurance, but have you ever heard of watch insurance? This Pittsburgh man never had, but he figured out a plan of insuring watches against breakage, loss or theft, and thought it out with such perfect precision and detail, that he soon had a profitable and permanent business of his own.

In the policy he issues he agrees that in case the watch insured is broken, he makes complete repairs by sending it to some jeweler, to be selected by the assured, upon receipt of a full statement of the nature and extent of the breakage, and to pay all the costs of such repairs.

In case of the loss of the watch, he is to pay the assured, or owner of the watch, one-half its value, as stated in the policy if the watch is not found again, and the same amount if the watch is stolen and not recovered.

The policy holder is required in all cases to send full details concerning the breakage, loss or theft of the watch, and if upon investigation it appears that the watch is not, or cannot be found or recovered, he sends his check for one-half of its value as above stated.

His charges for insuring watches vary from $1.00 to $5.00 per year, according to the value of the watch, the greater the value the higher the premium; and, being a man of good standing in his community, he finds most people willing to pay the small amount required to guard them against the damage, loss or theft of their favorite timepieces. He has made it a good-paying business, and many others can follow the same plan with profit.