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Simple English definitions for legal terms

master policy

Read a random definition: in arcta et salva custodia

A quick definition of master policy:

A master policy is a type of insurance policy that covers a group of people or things under one plan. It's like a big umbrella that protects everyone or everything underneath it. There are many different types of insurance policies, like ones that cover accidents or property damage. Insurance companies use a process called rating to decide how much to charge for a policy. The Insurance Services Office is a group that helps insurance companies make decisions and provides information to people who need it.

A more thorough explanation:

Master Policy

A master policy is a type of insurance policy that covers multiple insured individuals under a group insurance plan. It is a contract of insurance that details the terms and conditions of the coverage.

  • A group of employees at a company may be covered under a master policy for health insurance.
  • A landlord may have a master policy that covers all of the rental properties they own.

These examples illustrate how a master policy can provide coverage for multiple individuals or properties under a single policy.

master plan | master's draft

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ronniedoeslaw
12:05
There’s been about a 30% increase nation wide in law school apps this school, I believe this may just favor larger institutions & I’m curious to see if schools begin to take in larger class sizes to compensate
12:06
@ronniedoeslaw: only if employers are willing to hire more lawyers, which seems doubtful. Schools dont want unemployed grads
class sizes appear to be staying the same
12:36
veo3 is scary
ronniedoeslaw
12:53
the waiting game is just as hard as the lsat lol
13:01
I had a dream last night I got a 172
13:01
I was so upset
ronniedoeslaw
13:02
Upset you it was just a dream or upset at the score ? Hahah
ronniedoeslaw
13:02
You can make your dream a reality
NosyBeagle
13:19
never had an lsat/law dream before and i never want one
never had law dreams but i do have a lot of work dreams
13:37
I had an LSAT dream that I scored like a 112
13:40
i had a dream that i was playing outside on a hill and my mom loved me
13:45
@ronniedoeslaw: upset the score was lower than my PTs
ronniedoeslaw
13:49
@NemoPropheta: don’t get down on yourself, that’s a dream score for many. The fact you’re scoring high on your PTs is a good sign. Do something today to relax and take your mind off of it. Probably subliminally showing how stressed you are about it, which is okay bc same
most ppl score lower than their pts their first time fwiw
13:54
I definitely saw that. My first and second time fwiw^
NosyBeagle
13:56
@BruceSutter: dream you forgot to put their name on the test
14:00
it’s technically my third time, my first two times were like 3 years ago tho
I've had multiple dreams that the LSAT score I have currently was revoked/removed by LSAC lmfao
14:00
didn’t study at all and didn’t do well
14:00
I had a dream the other day that I was on a boat and a shark was like scratching at my leg with its teeth
14:00
he just wanted to help exfoliate you
14:00
I was going ow ow ow
14:01
He was tenderizing it I think
14:01
sounds like great personal statement material
14:01
Starting my personal statement I have a dream
14:02
Guys give me a book recommendation and I will give you my opinion on it or you
READ MOBY DICK
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