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Slang Definition:
Insurance 9 Seater
Definition: This term is a colloquial expression that refers to the notion of investing heavily in one’s life insurance policy, believing that by doing so, they can secure a comfortable lifestyle while also minimizing financial burden upon their death. The term was initially used during the financial crisis to describe those who believed it would provide them with a significant amount of wealth and security. Example Sentence: "I'm looking at buying some 'insurance 9 seater' property in my dream city, but I don't know if I should do it now or not."
