Definitions for "double indemnity"
A life insurance policy provision that calls for an additional payment, usually...
A provision in certain life insurance policies (also known as an accidental death benefit) that pays double the death benefit to your beneficiary if you should die in an accident or in another way as specified by your policy.
A benefit available as an endorsement to certain life insurance policies. It provides that twice the face amount of the policy shall be payable if death is accidental; also known as accidental death benefit.