An electrical fire burned a farmer’s barn down. The next day, the farmer’s wife went to the insurance agent to file a claim.
She told the agent the barn was insured for $50,000 and she wanted the money. The agent told her that is not how
insurance works. An insurance adjuster will come out and determine what the barn was worth. Then we will provide you a new barn
equal to that value.
The woman thought for awhile and said: “If that’s how it works, I want to cancel my husbands life insurance.”