What Does Double Indemnity Mean?

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What does Double Indemnity mean? Read on to discover the definition & meaning of the term Double Indemnity - to help you better understand the language used in insurance policies.

Double Indemnity

Double Indemnity

Double indemnity is a clause in a life insurance policy that says the insurance company will pay twice the amount of the face value should the death of the insured result from an accident.

We hope the you have a better understanding of the meaning of Double Indemnity.

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