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

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.

Word History and Origins

Origin of double indemnity¹

An Americanism dating back to 1920–25

Example Sentences

There, in his empty office, he tells his story to a Dictaphone (channeling Double Indemnity) of how he became “Devin Morehouse.”

From The Daily Beast