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Simple English definitions for legal terms

credit life insurance

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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.

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General

General chat about the legal profession.

General >T14 Off Topic

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texaslawhopefully

10:29

I’m sorry jack, you’re great but filet o fish is disgusting

llama

10:29

@jackfrost11770: understandable. gotta get it right after breakfast when the oil is fresh/ not burnt fishy

texaslawhopefully

10:30

Not jack, I mean cumsock

JumpySubsequentDolphin

10:30

omg I’m so sorry I love you guys but if you don’t like seafood you must have the palate of a child

BulbasaurNoLikeCardio

10:30

I have not, just been a huge chicken lover. One of these days I am going to try something but I am boring and eat very like bland and boring with my food

mushroomroundtop01

10:30

FILET O FISH SO GOOD

jackfrost11770

10:30

I just have massive issues with food lmfao tbh

Eggan

10:30

yayyy plane soon

jackfrost11770

10:30

If I could just drink tasteless goo and get all my nutrients from it for the rest of my life I would

JumpySubsequentDolphin

10:30

TASTELESS GOO

Eggan

10:30

jack my friend literally does that lol

jackfrost11770

10:30

I need the shit they had in that snow movie w Chris Evan's idc what it's made of

Eggan

10:30

he drinks nutrient water and puts unflavored nutrient powders in plain water

texaslawhopefully

10:31

Good food is like one of the best parts of life

cumsock

10:31

tex give it a chance

jackfrost11770

10:31

I mean he's gonna die at like 25

jackfrost11770

10:31

I wish I could do that without consequence

texaslawhopefully

10:31

@cumsock: I have, it’s awful. The fish doesn’t even taste like fish man 😭

Eggan

10:31

yeah his waist is snatched from doing that fr

JumpySubsequentDolphin

10:31

the windchill is almost -20 omfg

JumpySubsequentDolphin

10:31

BRRRRRR

BulbasaurNoLikeCardio

10:31

@jackfrost11770: I am the same, I got a boo boo to my gallbladder so I get sick majority of the time I eat.

suddy

10:33

Soylent-maxxing

cumsock

10:33

@texaslawhopefully: do u like white fish normally i think its pollock

lilypadfrog

10:33

disordered eating will literally ruin your life and make you want to kill yourself. eating is good for you and being able to find pleasure in eating is an important part of having a fulfilling life I think

CurvyHypnoticSheepdog

10:33

cleaning up my diet and paying more attention to what i put in my body has done wonders

texaslawhopefully

10:35

@cumsock: only really tilapia, but I prefer salmon

llama

10:35

im with u jack, eating is a pain.

Eggan

10:35

i love eating, too much

Eggan

10:35

food is yummy

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