Fester's in trouble for breaking the water mains for the fourth time in a row. Their insurance policy pays for the repair, but is canceled afterward. Fester feels bad that the insurance coverage has been canceled and decides he'd better get a job to pay for a new policy himself, so he becomes an insurance salesman. Unfortunately, it's for their old company, and the only policy he sells is to the Family. Henson, the manager, wants Gomez to cancel, but Gomez refuses, saying it would break Fester's heart. Henson then calls the company's owner to report a swindle, but it turns out that Gomez is the owner. Gomez promotes Henson's underling to be Henson's new boss. Fester then breaks the water mains again, but at least their insurance covers it..
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