For anyone reading this due to their search results not finding data on anything you built with Bricks templates or search results not working correctly:
If checked: the CONTENT of the pages will be indexed for search results not the Bricks TEMPLATE DATA itself (template names, etc). For the longest time I kept this unchecked because I didn’t want users to see results regarding the Bricks TEMPLATE NAMES or data, which of course is not how this option actually works.
IMHO having this checked should be default and a change in wording would have avoided hours of frustration and headaches on my part of search results not finding content.
I think the wording on the switch is confusing and kept me from understanding it’s purpose of including CONTENT DATA from the pages to search results not actually what I considered Bricks template DATA.
Instead maybe the switch should say something like: “Include content created in Bricks templates in search results.”
I think this comes down to the way each user uses Bricks as well so it might not fit for everyone.