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double indemnity

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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.


Origin:
1920–25, Americanism
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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double indemnity  
n.  A clause in an insurance policy that provides for payment of double the face value of the contract in case of accidental death.
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Cultural Dictionary

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.

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Legal Dictionary

Main Entry: double indemnity
Function: noun
: a provision in a life insurance or accident policy whereby the company agrees to pay twice the face of the contract in case of accidental death
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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