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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.
by 23T_Duratec_XR May 10, 2017
mugGet the L Insurancemug.

pussy insurance

When someone, typically a man, starts looking for a new relationship without breaking off his long term relationship first because he just wants guaranteed pussy.
Girl, don’t go out with him he’s using you for pussy insurance.
by ZeroPussyInsurance April 4, 2023
mugGet the pussy insurancemug.

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