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1. • • Double indemnity is a clause in a life insurancepolicy that states the insurance company will pay twice the amount of money stated in the standard life insurance contract if the death of the insured results from an accident.
     www.insuranceopedia.com/definition/1626/double-indemnity

     What is Double Indemnity? - Definition from Insuranceopedia

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   What is Double Indemnity in life insurance?

   • Double indemnity is a contract provision that is typically found in life insurance and accidental death insurance policies. This is a type of life insurance that mandates that carriers pay up to twice the amount of the face value of an insurance contract if the insured (or policyholder) dies as a result of an accident.

   Double Indemnity: What is it and Why Does it Matter?

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   Are Double Indemnity clauses available?

   • Double indemnity clauses may not be available to those who have high-risk occupations, or the insurance provider may add a premium surcharge for this coverage depending on the occupation. This coverage can be added to standard life insurance contracts, group life insurance contracts, travel insurance contracts and others.

   What is Double Indemnity? | Definition from Insuranceopedia

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   Can a beneficiary qualify for double indemnity benefits?

   • In order for a beneficiary to qualify for double indemnity benefits, he or she must establish that the death of the loved one was an accident. Because policy terms in life insurance policies can vary, the definition of an “accidental death” can differ from insurance company to insurance company.

   Double Indemnity: What is it and Why Does it Matter?

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   What happens if you have a double indemnity accidental clause?

   • If the insured person has a double indemnity accidental clause in their life insurance policy and dies as a result of a covered accident, then the beneficiary would receive $500,000 in death benefits. (Note: The question asks 'What happens if' and the passage states 'then the beneficiary would receive', so I changed 'happens' to 'benefit' to make the question and passage match)

   Double Indemnity - term-life-online.com

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   What is a double indemnity rider?

   • A double indemnity rider pays two times the face amount when an insured individual dies by accidental causes. For example, Larry applied for and was issued a $100,000 term life insurance policy with a double indemnity rider (aka accidental death benefit rider). Six months after the policy was issued, Larry was shot and killed while out hunting.

   What’s a Multiple Indemnity Rider? Definition, Pros & Cons

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   What is the difference between double and triple indemnity?

   • In double indemnity, twice the face value of the policy is paid to the beneficiary. In contrast, in triple indemnity, three times the face value of the life insurance policy is payable to the beneficiary.

   Double Indemnity - term-life-online.com

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3. www.insuranceopedia.com › definition › 1626What is Double Indemnity? - Definition from Insuranceopedia

   www.insuranceopedia.com › definition › 1626

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   Jun 9, 2023 · Double indemnity is a clause in a life insurance policy that states the insurance company will pay twice the amount of money stated in the standard life insurance contract if the death of the insured results from an accident.

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4. courtroomproven.com › faqs › double-indemnity-whatDouble Indemnity: What is it and Why Does it Matter?

   courtroomproven.com › faqs › double-indemnity-what

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   Double indemnity is a contract provision that is typically found in life insurance and accidental death insurance policies. This is a type of life insurance that mandates that carriers pay up to twice the amount of the face value of an insurance contract if the insured (or policyholder) dies as a result of an accident.

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6. www.legalbriefai.com › legal-terms › double-indemnitydouble indemnity - Meaning in Law and Legal Documents ...

   www.legalbriefai.com › legal-terms › double-indemnity

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   Double indemnity is a legal term that refers to a clause in an insurance policy that pays out double the amount of the policy if the insured person dies in an accident. This means that if someone has a life insurance policy with a double indemnity clause and they die unexpectedly, their beneficiaries could receive twice the coverage amount.

7. fixmyfinance.com › blogs › insurance-tipsUnderstanding Double Indemnity in Insurance Law: A ...

   fixmyfinance.com › blogs › insurance-tips

   What Does the Term "Double Indemnity" Mean? In insurance terminology, double indemnity refers to the doubling of the insurance payout if the insured person dies due to accidental causes. This additional benefit provides financial support to the beneficiaries and helps cover any unforeseen expenses. What is Considered an Accidental Death?

8. www.simmonsandfletcher.com › blog › what-is-theWhat is the Definition of Double Indemnity in Insurance?

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   Jul 19, 2024 · Double indemnity is a provision that requires the insurance company to pay the beneficiary an amount that is double the face value of the life insurance policy if the insured person succumbs due to an accident.

9. en.wikipedia.org › wiki › Double_IndemnityDouble Indemnity - Wikipedia

   en.wikipedia.org › wiki › Double_Indemnity

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   Double Indemnity is a 1944 American film noir directed by Billy Wilder and produced by Buddy DeSylva and Joseph Sistrom. Wilder and Raymond Chandler adapted the screenplay from James M. Cain's novel of the same name, which ran as an eight-part serial in Liberty magazine in 1936.

10. www.irmi.com › term › insurance-definitionsdouble indemnity (DI) - IRMI

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    Double indemnity refers to payment by a life insurance policy of two times the face value when death results from an accident (e.g., an auto accident) as opposed to a health problem (e.g., cardiac arrest).