👉 Sure! The slang or profane word is "insurancemile". Imagine if you had a big umbrella that covers everything inside and outside of your home, but the umbrella was only covered for 6 months because it was just bought at the store and never used. This means if you ever need insurance to cover something in your house, you'll have to pay extra money every few years.
Here's an example sentence using "insurancemile" - "I'm considering adding a new insurance policy to my home, but I don't want it to be over 6 months old. That way, if anything happens to me and the umbrella breaks down, I'll only have to pay for half the coverage." This is a bit of a scare tactic, but in a humorous way.