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| *Business questions>>>Insurance Questions |
My uncle had a chainsaw stolen; the insurance company paid him for his loss. Then, after he replaced it..? |
Question: He returned it immediately and kept the money.. As he didn't want that machine any longer. Is this in any way illegal, or does he have to keep it, because the insurance company paid for it's replacement? Answer: The money was to compensate him for his loss. Unless there was a stipulation that said what the money had to be spent on, he did nothing illegal. |
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