Insurance Lingo
“This is the amount you pay each month or year to keep your insurance active.”
What is a premium?
“This is the sport that Ted is obsessed with.”
What is Basketball?
“This is what you pay out of pocket before your insurance starts covering damages.”
What is a deductible?
“This covers damage to your home from things like fire or wind.”
What is dwelling coverage?
“This is the person who receives the payout when someone passes away.”
Who is the beneficiary?
“This document lists exactly what’s covered — and what’s not.”
What is the Policy or Declaration Page?
"This is the name of the basketball podcast that Ted is the host of."
What is The GoldenPod?
“This type of coverage pays for damage to your car that’s not caused by a crash — like a fallen tree or vandalism.”
What is comprehensive coverage?
“This type of coverage replaces stolen or damaged personal items.”
What is personal property coverage?
“This type of policy lasts for a set number of years — like 10, 20, or 30.”
What is term life insurance?
“This term refers to the process insurance companies use to decide how risky you are to insure.”
What is underwriting?
"This is the name of Ted's 15 month old son?"
Who is Ezra Gold?
“This coverage helps pay for medical expenses for you and your passengers after an accident — no matter who’s at fault.”
What is Personal Injury Protection (PIP)?
“This covers injuries that happen to guests on your property.”
What is personal liability coverage?
“This type of policy lasts your entire life and can build cash value.”
What is whole life insurance?