I think this song is about a dog who can't find a good, safe place to hide his bone, and so he keeps worrying about where to keep his bone, even going as far as putting it in a safe deposit box until finally he gets Traveler's Insurance and then he doesn't worry about where to keep his bone anymore. The "woman" in the lyrics is a metaphor, naturally, for Traveler's Insurance.
I think this song is about a dog who can't find a good, safe place to hide his bone, and so he keeps worrying about where to keep his bone, even going as far as putting it in a safe deposit box until finally he gets Traveler's Insurance and then he doesn't worry about where to keep his bone anymore. The "woman" in the lyrics is a metaphor, naturally, for Traveler's Insurance.