double indemnity

noun

: a provision in a life-insurance or accident policy whereby the company agrees to pay twice the face of the contract in case of accidental death

Examples of double indemnity in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
By that yardstick, the new-for-2022 full-electric BMW i4, especially in its red-hot M50 trim, is double indemnity. Jim Gorzelany, Forbes, 13 Apr. 2022

Word History

First Known Use

1924, in the meaning defined above

Time Traveler
The first known use of double indemnity was in 1924

Dictionary Entries Near double indemnity

Cite this Entry

“Double indemnity.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/double%20indemnity. Accessed 24 Nov. 2024.

Legal Definition

double indemnity

noun
: a provision in a life insurance or accident policy whereby the company agrees to pay twice the face of the contract in case of accidental death
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