Soft bricked VS Hard bricked. Agree that it would be nicer to be more precise in headline, but both are technically under Bricked category.
Regarding TOTP tokens, some time ago switched to Aegis app which allows token export in JSON which I store in Dropbox. I believe only thing that I would lose would be last photos that I have not backed up yet. And past Signal conversations which sometimes come useful.
But for regular folks losing access to phone indeed seems like nightmare scenario for 2FA. I think MS Authenticatior backed tokens to your OneDrive if you enabled it in settings. Often these less secure options are good tradeoff for usability.
Practically all my previous phones were either lost or stolen so it will be inevitable some day. Almost lost my current one year ago due to being drunk, luckily got it back.