PLAN No. 95. WATCH INSURANCE
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.
PLAN No. 96. COLLECTING OLD WITNESS FEES
In the office of clerks of the court in the United States are thousands of dollars in unclaimed witness fees, and this offers an opportunity for thousands of men all over the country to collect them for the parties on a large percentage basis——say, one-half the amounts collected.
A man living in a county seat in a western state made a small fortune in this manner, because he hit upon the right plan.
All public records are open to the inspection of any person, and his method was to make a thorough examination of these records and obtain a list of all witness fees paid in but not called for by the parties, who had probably forgotten all about them, or, after calling for them several times, found the records were not completed, so that their witness fees could not be paid. He noted the title of each case, the date of the trial, the name and address of the witnesses, the number of days of attendance and the amount of the fees due him.