Meaning Of The Word Double indemnity
What's the definition of Double indemnity? Find Double indemnity meanings, definitions and more at the Real Dictionary online.
Double indemnity Meaning
| Double indemnity Definition |
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What's The Definition Of Double indemnity?
double indemnity in American English
a clause in life insurance policies providing for the payment of twice the face value of the contract in the case of accidental death noun: 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 double indemnity in British English noun: (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 in Insurance noun: 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. |
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