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Definition of Double indemnity
1. Noun. A clause in an insurance policy that provides for double the face value of the policy in the case of accidental death.
Definition of Double indemnity
1. Noun. (legal) A clause in an insurance policy in which the insurance company agrees to pay out double the normal coverage in certain specified circumstances, most often in case of accidental death ¹
¹ Source: wiktionary.com