On 11/10/06, Tom C <[EMAIL PROTECTED]> wrote:
> Right.  Maybe not a tightwad...insurance is just another form of gambling.
> The insurance company is gambling that in most cases the item will arrive
> safely and they'll get to keep your money.  An individual that doesn't
> insure for the full amount is also gambling that it will arrive safely and
> they'll save some money.

Understating the value of items can depending on the destination
countries import laws often save the receiver a considerable amount of
cash. For instance I can bring anything into Oz which has a total vale
(item plus shipping and insurance) of up to AUD1K however beyond that
I may need to not only pay taxes but also to employ a customs agent to
lodge the clearance and pick up the item from customs.

-- 
Rob Studdert
HURSTVILLE AUSTRALIA
Tel +61-2-9554-4110
UTC(GMT)  +10 Hours
[EMAIL PROTECTED]
http://home.swiftdsl.com.au/~distudio//publications/
Pentax user since 1986, PDMLer since 1998

-- 
PDML Pentax-Discuss Mail List
[email protected]
http://pdml.net/mailman/listinfo/pdml_pdml.net

Reply via email to