What Does Double Indemnity Mean? Double Indemnity Insurance and Accidental Death Benefits Explained
Summary
Pedestrian Hit Accident Maryland in accident, Maryland: The article explains the concept of double indemnity insurance, which is a life insurance benefit that pays an additional amount upon accidental death. This provision can be added as a rider to a standard life insurance policy. The payout typically doubles the death benefit if the insured person dies in an accident, but it does not cover deaths caused by illness or self-harm.
Original reporting
What Does Double Indemnity Mean? Double Indemnity Insurance and Accidental Death Benefits Explained