I had an old friend whose mom had a diamond engagement ring handed down from three generations.
The ring was important to her as it was part of her family. She had it properly insured.
The diamond fell out and was lost forever. It broke her heart. She filed a claim with the Insurance company.
They told her, that it was a shame, but unfortunately, you still have the ring itself, so they denied the claim. My buddy said the stress of it broke her heart and she passed a few months later.
My old friend went to school to study insurance. He studied hard and then spent five years working in the insurance field. Then he quit.
He married a wealthy woman, also a friend of mine. She wore a lot of diamonds.
For the next twenty five years they committed insurance fraud. Each and every fraud had to do with diamonds. Each and every fraud was against the insurance company that screwed his mom. The company knew what was going on but could never prove it. They took that company for many millions.
Some might think that awful, but I found it wonderful. To me, he was like Robin Hood and his wife was Maid Marion.
I miss them both to this day.