Former minor league basketball player Ted Snowe lives next door to standup comic Buster Hightower and Buster's love, Carla Chance, owner of the aptly-named Last Chance Insurance Agency. Unbeknownst to Buster and Carla, Ted is a hit man who isn't. He immobilizes his subjects and gives them the choice of doing it the conventional way or accepting a new identity he's prepared. Naturally, all accept the second option--for a price. Ted, who's bluffing, double-dips and everybody's happy.
That is, until his "disappeareds" begin reappearing.