- double indemnity
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double indemnity n: a 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
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
- double indemnity
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n. A clause in an insurance policy providing that the policy's benefit will be doubled if a loss occurs as the result of a particular instrumentality or under particular circumstances, typically in the event of an accidental injury or death.
Webster's New World Law Dictionary. Susan Ellis Wild. 2000.
- double indemnity
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A term of an insurance policy by which the insurance company promises to pay the insured or the beneficiary twice the amount of coverage if loss occurs due to a particular cause or set of circumstances.
Dictionary from West's Encyclopedia of American Law. 2005.
- double indemnity
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A term of an insurance policy by which the insurance company promises to pay the insured or the beneficiary twice the amount of coverage if loss occurs due to a particular cause or set of circumstances.
Short Dictionary of (mostly American) Legal Terms and Abbreviations.