LSDefine

Simple English definitions for legal terms

credit life insurance

Read a random definition: inlining

A quick definition of credit life insurance:

Credit life insurance is a type of insurance that pays off a borrower's debt if they die. It is usually offered with consumer installment loans. If the borrower dies before paying off the loan, the insurance company will pay the remaining balance. This type of insurance helps protect the borrower's family from having to pay off the debt if they pass away.

A more thorough explanation:

Credit life insurance is a type of life insurance that is often included in consumer installment loans. If the borrower dies before paying off the loan, the insurance will pay the remaining balance. This type of insurance is meant to protect the lender, but it can also provide peace of mind for the borrower's family.

For example, if someone takes out a car loan and dies before paying it off, the credit life insurance will pay the remaining balance on the loan. This means that the borrower's family will not be responsible for the debt.

credit freeze | credit line

General

General chat about the legal profession.

General >T14 Off Topic

👍 Chat vibe: 0 👎

KnowledgeableRitzyWasp

18:51

medicine is a scam

KnowledgeableRitzyWasp

18:51

join the ethically ambiguous legal field instead

Dkk

18:57

I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.

cheriebomb

19:04

https://whitney.org/collection/works/62454

cheriebomb

19:05

i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.

Dkk

19:18

Exactly. My version of that awful poem.

Dkk

19:19

I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.

windyMagician

19:20

president who respects sex is crazy

windyMagician

19:20

we had bill clinton already

Dkk

19:21

Bill Clinton, first and last black president

windyMagician

19:23

I want to go running but my leg feels weird

windyMagician

19:23

it doesn't hurt its just tingly

Dkk

19:26

It needs more alcohol. You tingle when your nerves need watering.

cheriebomb

19:27

try stretching it maybe to see what's up

windyMagician

19:27

stretches make me think it's just soreness

windyMagician

19:27

I'm sober lol

Dkk

19:38

Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.

llama

20:48

what.jpg @Dkk

CynicalOops

21:03

You think you just fell out of a coconut tree?

jackfrost11770

21:10

nope dk

llama

21:17

https://www.youtube.com/watch?v=z7_5nHIbsjo i love K Harris <3

CynicalOops

22:37

Calvinamala Harris

jackfrost11770

23:16

should i start using letterboxed again

Dkk

23:25

@jackfrost11770: if you want but like it aint for me

chickenburgahfart

23:39

dk do u ever eat at bk

Dkk

23:48

@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.

chickenburgahfart

23:51

bk so slept on

Dkk

0:23

I will take In N Out everyday over it when I can though.

texaslawhopefully

1:22

In N Out is not only the best fast food place, but the prices too are fantastic

Dkk

1:27

Indeed, indeed.

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