See double indemnity and triple indemnity. A clause in a life insurance policy which pays the policy beneficiary multiple times the ordinary amount the policy pays as a result of the death of an insured person as a result of an accident.
See double indemnity and triple indemnity. A clause in a life insurance policy which pays the policy beneficiary multiple times the ordinary amount the policy pays as a result of the death of an insured person as a result of an accident.