ALL meanings of double indemnity
dou·ble in·dem·ni·ty
D d - noun double indemnity a clause in a life-insurance or accident-insurance policy providing for payment of twice the face value of the policy in the event of accidental death. 1
- noun double indemnity (law) A clause in an insurance policy in which the insurance company agrees to pay out double the normal coverage in certain specified circumstances, most often in case of accidental death. 0
- noun double indemnity (in life assurance policies) a clause providing for the payment of double the policy's face value in the event of the policyholder's accidental death 0
- noun double indemnity a clause in life insurance policies providing for the payment of twice the face value of the contract in the case of accidental death 0
- noun double indemnity Double indemnity is a clause in life insurance policies that provides for the payment of double the policy's face value in the event of the policyholder's accidental death. 0