What is insurance?

What is insurance?

From Million Bazillion by Marketplace

October 14, 2025 · 28 min · Season 9

About this episode

The episode explains what insurance is and why people use it, featuring a question from a young listener.

Today, we’re resharing an important episode from our archive! There’s a major storm brewing, and Ryan and Bridget are stuck inside. 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 Archer wants to know what his dad does all day. Turns out insurance is uh, complicated. From home insurance to health insurance, we’re going to figure out what it is and why people use it. Plus, we have a catchy song to help you remember the difference between some confusing insurance jargon. If your family is interested in learning even more about today’s question, check out our website. We’ve got conversation starters and a tip sheet!

People in this episode

Hosts: Ryan, Bridget

Topics covered

  • insurance
  • family learning
  • financial literacy
  • home insurance
  • health insurance

Keywords

  • insurance
  • home insurance
  • health insurance
  • financial literacy
  • kids education

Mentioned in this episode

Organizations: Marketplace

Places: Los Angeles

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