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double indemnity

noun

  1. 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

  1. (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
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

double indemnity

  1. 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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Word History and Origins

Origin of double indemnity1

An Americanism dating back to 1920–25
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Example Sentences

She was enchanted, she said, with the effect this double indemnity had on her writing.

It was the first payment on a forty-thousand-dollar policy that in the event of death by accidental means, paid double indemnity.

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