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Not be able to do something to save your life
Extreme Inability
The phrase emphasizes a dramatic lack of skill, indicating that the person is unable to do something no matter how hard they try. 
Hyperbolic Humor
Often used humorously to exaggerate personal shortcomings in a self-deprecating way. 
Idiomatic Context
Understand that this is an idiomatic expression, not to be taken literally. It's not about actual life-threatening situations. 