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What is 9mm insurance policy?
Referring to a bullet as an insurance policy; Implying that you'll kill someone as a means of guaranteeing the end result.
The use of a gun, or bullet to insure ones own interest by taking the life of the transgressor.
DAN: You're fired!
Mark: I've got a 9mm insurance policy.
DAN: I'm calling the police
Mark: *POP*, *POP*
e.g. Using a bullet to insure results.