There are all kinds of coverage to protect us from loss, to redeem us. Based on a number of requirements there’s a certain amount of protection provided. And some coverage of protection requires a deductible in order for you to be redeemed for your loss.
Jesus died on the cross for every one of you to cover you, and redeem you. You are covered by the blood of Jesus, regardless of who you are. Free of charge! Jesus paid your sin debt in full, and redeemed you from your sins, from all unrighteousness.
You don’t have to pay to be redeemed, Jesus already did that — with his life.
I John 1:7 (KJV) – but if we walk in the light, as he is in the light, we have fellowship one with another, and the blood of Jesus Christ his Son cleanseth us from all sin
Titus 2:14 (KJV) – who gave himself for us, that he might redeem us from all iniquity, and purify unto himself a peculiar people, zealous of good works.
Galatians 1:4 (KJV) – who gave himself for our sins, that he might deliver us from this present evil world, according to the will of God and our Father.