DISCUSSION PAPER
" The valuation figure takes into account the manufacturer's present prices, the shipping and installation costs, and the international exchange rates. Even with the application of percentages to the valuation figures to take account of the exchange rate fluctuations, it is likely there would be wide variations in the figures produced compared to the actual replacement costs of assets at that time."
(As published in THE INSURANCE BROKER)
J.C. SINGLETON PTY LTD
298 THE AVENUE PARKVILLE VICTORIA 3052 AUSTRALIA
PHONE 03 9388 1354 FAX 03 9387 9080
EMAIL enquiries@jcsingleton.com