Double Indemnity (noun) Definition, Meaning & Examples

noun
  1. 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.
noun
  1. (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
Double Indemnity (noun) Definition, Meaning & Examples

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