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double indemnity
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
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
- A feature of life insurance policies stating that the insurer will pay twice the face value of the policy if the insured dies accidentally.
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˜yÐÄvlog History and Origins
Origin of double indemnity1
An Americanism dating back to 1920–25
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Example Sentences
Examples have not been reviewed.
She was enchanted, she said, with the effect this double indemnity had on her writing.
From
It was the first payment on a forty-thousand-dollar policy that in the event of death by accidental means, paid double indemnity.
From
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