Insurance

These days, Anirud is casually dropping off words like 'credit', 'insurance', 'bank statements' etc during the course of conversation. I believe he has picked up these stuff either from us or from the telly. In an attempt to corner him, I asked what he knew about 'insurance' and he offered this explanation.

'If you lose something, you don't need to cry whooooooooooooowwwooo (pretends to cry). If you call the insurance man, he will give you money to buy that thing'.

We were stumped. That is a decent, no-frills explanation of an Insurance. Isn't it?