Definify.com
Definition 2024
double_indemnity
double indemnity
English
Noun
double indemnity (uncountable)
- (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
Translations
law: a clause in an insurance policy in which the insurance company agrees to pay out double the normal coverage
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