[2][3] As described in a film magazine,[4] young American Rowland Stone (Sydney) receives $50 per week from the estate of his rich uncle until he reaches age 25, at which time, according to the will, he is to hear of further bequests.

He is in love with Anna Mae (Collins), the daughter of an old Virginia family, the head of which, Colonel Cassius Byrd (Connelly), has been waiting 40 years for a diplomatic post.

When the day of his big inheritance arrives, Rowland discovers that he is to receive $25 per week and must serve one year as an insurance agent to prove his worth before he can secure his fortune.

His sweetheart has gone with her father to the nation of Bunkonia in South America, so the new insurance agent sees there some fertile fields and sets sail with his valet Thomas (Wilson).

In Bunkonia he meets the villainous Jim Conwell (Atwell), the best families, King Caramba XIII (Lalor) and his cabinet, and he insures everyone in sight.