I recently heard this joke and had to pass it along…
A lawyer purchased a box of very rare and expensive cigars. He insured them against many things— including fire. He smoked all 24 of these great cigars without yet having made even his first premium payment on the insurance policy.
The lawyer then filed a claim against the insurance company. In his claim, the lawyer stated the cigars were lost in a series of small fires. The company refused to pay, giving the obvious reason that the man had consumed the cigars in a normal fashion.
The lawyer sued and won. Delivering the ruling, the judge agreed with the insurance company that the claim was frivolous. The judge stated nevertheless that the lawyer had a policy from the company that had warranted that the cigars were insurable and guaranteed that it would insure them against fire without defining what was considered to be acceptable fire and therefore was obligated to pay the claim.
Rather than endure the costly appeal process the insurance company accepted the ruling and paid $15,000 to the lawyer for the loss of his 24 cigars. After the lawyer cashed the check the insurance company had him arrested on 24 counts of arson.
