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double indemnityA clause in a life insurance policy where the insurance company agrees to pay double the face value of the policy in the event of accidental death.
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double indemnityPayment by a life insurance policy of two times the face value when death results from an accident (e.g., an auto accident) as opposed to a health problem (e.g., cardiac arrest). See also Accidenta [..]
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double indemnityPayment of twice the basic benefit if the loss results from specified causes or under specified circumstances.
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double indemnityThe payment of twice the basic benefit in the event of loss resulting from a specific cause or under specific circumstances. This is commonly referred to as an Accidental Death Benefit.
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double indemnityDefinition A life insurance policy provision that calls for an additional payment, usually equal to the face amount of the insurance, in the event of accidental death. Also called accidental death ben [..]
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double indemnityA death benefit policy that, if an insured's death is accidental, pays an additional benefit that is equal to the basic benefit. Also known as accidental death benefit (ADB).
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double indemnitya provision in a life insurance or accident policy whereby the company agrees to pay twice the face of the contract in case of accidental death
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double indemnityA benefit available as an endorsement to certain life insurance policies. It provides that twice the face amount of the policy shall be payable if death is accidental; also known as accidental death benefit.
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double indemnityPayment of twice the policy normal benefit for specific kinds of losses under certain conditions.
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double indemnityDouble indemnity is a provision in a life insurance policy that calls for an additional payment, usually equal to the face amount of the insurance, in the event of accidental death. Double indemnity t [..]
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double indemnityIn life insurance, death due to certain causes will pay twice the death benefit. Some life insurance policies will pay multiples of the death benefit depending on cause of death (i.e triple indemnity).
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double indemnitySee Double Compensation
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double indemnityPayment of twice the basic benefit in the event of loss resulting from specified causes or under specified circumstances.
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double indemnityA policy provision usually associated with death, which doubles payment of a designated benefit when certain kinds of accidents occur.
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double indemnityPayment of twice the basic benefit in the event of loss resulting from specified causes or under specified circumstances.
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double indemnityThe payment of twice the basic benefit in the event of loss resulting from a specific cause or under specific circumstances. This is commonly referred to as an Accidental Death Benefit.
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double indemnityPayment of twice the basic benefit in the event of loss resulting from specified causes or under specified circumstances. Personal Accident policies may provide double indemnity coverage for death due to accident whilst the insured is travelling in a public transport vehicles.
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double indemnityAn accidental death benefit providing for an additional payment equal to the face amount of the policy in case of accidental death caused solely through external and violent means, and occurring withi [..]
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double indemnityPayment of twice the basic benefit in the event of loss resulting from specified causes or under specified circumstances. For example, a life insurance contract may provide for twice the basic benefit [..]
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double indemnityA policy provision usually associated with death, which doubles payment of a designated benefit when certain kinds of accidents occur.
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double indemnitySee accidental death benefit
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double indemnityAn additional benefit included in, or added to, a life insurance policy providing for payment of an additional death benefit in the event of death as a result of accident. See also Accidental death be [..]
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double indemnity Payment of twice the basic benefit in the event of loss resulting from specified causes or under specified circumstances.
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double indemnity
(legal) 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
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