👉 Imagine you're juggling your finances like a magician, but instead of coins and balls, you're tossing off your income tax slips. That's when insurance's got its "deduct" act, and it's basically saying, "Hey, let's take a little piece of your paycheck out for the government to 'pend' on your medical bills."
Here's a edgy example sentence: "After buying that new motorcycle that cost $10,000 and insuring it at a rate that's basically 'deductible' like a slapstick routine, my insurance company decided to 'deduct' my last paycheck's worth of groceries as a form of 'insurance coverage'. Now I'm left with zero for my new bike and more than enough cash to fund my next stand-up comedy routine."