double indemnity
noun1
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.
- Related terms
- AD&D
noun
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.
Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.