A serial element of a load lifting line has a telescoping body held in a short configuration by a linear slip clutch until a selected load on the line is exceeded. The slip clutch then allows the body to extend to a longer configuration in which it is retained as a length unit by abutting surfaces between which an elastomeric shock cushion is positioned. An optional arrangement includes a biasing provision to restore the link to the original condition, for further use, after the load is reduced. By utilizing optional provisions, the link can signal the overload condition by a whistle when the telescoping body extends. Visible signals can, optionally, be provided by members that extend from the body when the body is telescoped to the longer condition.