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double indemnity definition - legal

n

A clause in an insurance policy providing that the policyÂ’s benefit will be doubled if a loss occurs as the result of a particular instrumentality or under particular circumstances, typically in the event of an accidental injury or death.

Webster's New World Law Dictionary Copyright © 2006 by Wiley Publishing, Inc., Hoboken, New Jersey.
Used by arrangement with John Wiley & Sons, Inc.

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