What is insurance?

Bridget and Ryan are stuck inside during a major rainstorm, which means it’s the perfect opportunity to answer a question they got from Archer in Los Angeles: What is insurance? Archer’s dad is an insurance agent, and he wants to get to the bottom of how his parent makes a living. We’ll learn the ins and outs of insurance and how it became a thing. Plus, we have a catchy song to help you remember the difference between some confusing insurance terms: “premium” versus “deductible.” For a special cartoon, discussion questions and tips for parents, check out our website! This episode is sponsored by Greenlight.  (For a limited time, get $10 when you sign up for a Greenlight account at greenlight.com/MILLION).  

Om Podcasten

Million Bazillion is a podcast from Marketplace that inspires families to talk about money. Described as “a godsend for anyone who knows a little kid with big questions about money,” by The New York Times, the podcast tackles questions from: “What is cryptocurrency?” to “How do I save money?” and “How does inflation work?” Hosts Ryan Perez and Bridget Bodnar take listeners on an awesome adventure to answer the awkward, complex and sometimes surprising money questions from real kids. Million Bazillion is made possible in part by The Ranzetta Family Charitable Fund and Next Gen Personal Finance, supporting Marketplace’s work to make younger audiences smarter about the economy. This podcast is presented by Greenlight, the debit card and investing app for kids and teens.