👉 Surely, 'insurance 50E' is a term that describes someone who is overly interested in insurance and can often find themselves paying for life insurance when they're only looking at getting sick or injured.
One time, a friend of mine went on an extended vacation to Italy. He was on budget, so he decided to purchase a private jet. However, he didn't think it would be practical considering the cost. After all, what if he got injured while flying? When the flight arrived in Rome, he was shocked when an insurance claim came through from his bank. It covered everything up to a 50E on his credit card balance! He couldn't believe it! In fact, insurance 50E is such a funny and amusing term that people often use it as a joke or as a way of jokingly describing someone who has high expectations but ends up paying for life insurance.