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An insurance salesman sells Magoo a $400,000 policy, but then has to continually try to rescue him when it looks like they may have to pay out.
- Nominated for the Academy Award (Oscar) for Best Short Subject
- First Mr. Magoo cartoon in the theatrical cartoon series of the same name.
- Totally Tooned In (Season 1, Episode 39)
Mr. Magoo - The Theatrical Collection 1949-1959
- MPAA No.: 14309
- Running time: 6:53
- Animation Type: Standard (Hand-drawn-Cel) Animation
- Sound Type: Mono: RCA Sound System
- Cinematographic Format: Spherical
- Original Language: English
- Original Country: United States
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