bn:00028392n
Noun Concept
Categories: Finance stubs, Life insurance
EN
double indemnity
EN
A clause in an insurance policy that provides for double the face value of the policy in the case of accidental death WordNet 3.0
English:
insurance
Definitions
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EN
A clause in an insurance policy that provides for double the face value of the policy in the case of accidental death WordNet 3.0 & Open English WordNet
Double indemnity is a clause or provision in a life insurance or accident policy whereby the company agrees to pay the stated multiple of the face amount in the contract in cases of death caused by accidental means. Wikipedia
Clause or provision in a life insurance or accident policy. Wikipedia Disambiguation
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. Wiktionary
Law: a clause in an insurance policy in which the insurance company agrees to pay out double the normal coverage. Wiktionary (translation)
IS A
WordNet 3.0 & Open English WordNet
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