👉 The slang term for "the general insurance" is "The General." This term gets its name from the fact that many people mistakenly believe it represents a generic insurance policy that applies to every single person in the world.
Here's an example sentence involving this term: "I recently got a quote from The General, and they told me my car was worth 100% of the cost since I have no other insurance." This line might be seen as unsettling by some because it implies that everyone is essentially insured or protected by the general insurance industry, which could be a false sense of security among many.