l insurance

a type of insurance one has when you think you’re about to take an “l” or loss.
example 1.

person a: you’re really gonna fight him? he’s a heavy weight champ.
person b: don’t worry…i got that l insurance. i’ll bounce back.

example 2.

person a: i wound’t race that mustang if i were you…he’s pushing 800hp to the wheels.
person b. it’s cool. i have l insurance. i’ll claim i couldn’t get traction down the line.

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