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LSDefine

Simple English definitions for legal terms

Premium

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A quick definition of Premium:

Term: Premium

Definition: A premium is the amount of money that someone pays to an insurance company to get protection from certain risks. This payment can be made all at once or in smaller amounts over time for the duration of the insurance contract.

A more thorough explanation:

Premium

A premium is the amount of money paid by someone to an insurance company for protection against certain risks. This payment can be made in one lump sum or in smaller installments over the life of the insurance contract.

For example, if you want to insure your car, you would pay a premium to the insurance company. The amount of the premium would depend on factors such as your driving record, the type of car you have, and the level of coverage you want.

Another example would be if you wanted to insure your home. You would pay a premium to the insurance company to protect against risks such as fire, theft, or damage from natural disasters.

The examples illustrate how a premium is the amount of money paid to an insurance company for protection against certain risks. The amount of the premium is based on factors such as the level of coverage and the likelihood of the risk occurring. By paying the premium, the person seeking insurance is transferring the risk to the insurance company in exchange for financial protection.

Premises | prenatal tort

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General chat about the legal profession.
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very good 10/10
misoissocute
14:56
@GodsPlanUltimately: My boyfriend is a hillsdale grad; its reputaple for their education and such; its only problamtic because of its policies and its refusal to take federal money
GoodLuckEveryone
14:57
@HopefullyInLawSchool: i hope you don't mean joe the way I think you mean it haha
GodsPlanUltimately
14:58
@misoissocute Okay I can be real then (wasn't sure of the vibes of the chat) I absolutely loved the CCA event I attended there! Their education is stellar and that campus is beautiful. :D
glovediedthisishismom
14:58
do u guys think desantis will appoint gaetz to the senate
might have been a crazy small HLS II?
GoodLuckEveryone
14:59
@HopefullyInLawSchool: how do you think you did? i was nervous beyond belief but I tried to stay on my feet. i couldn't tell how I did though
misoissocute
15:00
@GodsPlanUltimately: I would love to go to a Catholic based school and if you are looking for a religious based school as well, its helpful! I actually love Hillsdale but I am from the west coast and did not even know it existed until I met my bf
Dkk
15:00
@glovediedthisishismom: hopefully!
glovediedthisishismom
15:01
hes a diddler tho
babycat
15:01
Dk why aren’t you in the senate
GodsPlanUltimately
15:01
@misoissocute: I agree :) I'm actually are at a Jesuit Catholic school for undergrad and was invited to attend the event by a mentor in my program (I'm actually a theology and religious studies student). We have an early grand program so I'm not applying to a religious law school but I am trying to go to one that still values that perspective. :) It is a very secluded school though! :D lol
misoissocute
15:04
@GodsPlanUltimately: Good luck friend!!!
Dkk
15:04
@babycat: cus I suck by societal standards
babycat
15:04
Which ones
GodsPlanUltimately
15:04
@misoissocute: You as well! Prayers that you get all your blessings this cycle! <3
babycat
15:04
I bet being a senator would take away from your hot tub time
glovediedthisishismom
15:04
It’s me, I’m him, I’m not them I’m Him Jones I’m—, I’m Him Duncan I will beat a mf ass and stomp em in my Himberlands I been him, I’ma always be him I’ma stay him, I’m not them
babycat
15:05
glove would you rather have a hot tub or be a senator
glovediedthisishismom
15:06
hot tub so i can put my butthole on the jacuzzi jets
glovediedthisishismom
15:06
wbu
babycat
15:06
yeah good point
Dkk
15:06
Yeah, it would but eventually you gotta give it up to do something good in life. What I was talking about yesterday with the Japanese movie about how the guy can't ever actually just turn on the gas and do something amazing.
babycat
15:06
put your pussy on the phone
Dkk
15:07
@babycat: listen to Nick's rap at the begginign of this epsiode. https://www.youtube.com/watch?v=H5C-k-sfZd0
babycat
15:07
@Dkk: do you think the movie condones that lifestyle or promotes it as a good thing? Why is a movie bad because you don’t like a character’s lifestyle in it?
babycat
15:08
Nick Mullen bravely promoting the fringe position of eating pussy
Dkk
15:08
I think the movie is bad cus it promotes that lifestyle as good without showing the guy is completely capable of living an alternative lifestyle. It's honoring a guy who literally has no other choice to be like that. It's like praising the sun for rising. That's just what the sun does.
duker next tues?
babycat
15:09
How does the movie promote that lifestyle as good? I don’t know that that’s justified by the contents of the film
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