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2014-10-15 20:34:08
2014-10-15 20:34:08

Some do, some do not, You just need to read your policy language or ask your insurance agent what kind of policy you bought.

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2016-05-12 19:17:06
2016-05-12 19:17:06

That depends on the specific policy. Insurance is a private contract and can include such clauses. You will have to read your policy to determine what the rules are.

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Related Questions


Yes, Liberty Life does offer double indemnity policies. Double Indemnity is a clause or provision in a life insurance or accident policy to help protect people and the company.



My life insurance policy has double indemnity and will pay my heirs twice the benefit value if I am killed in an accident.


It is unlawful to receive double indemnity. AKA "Felony Insurance Fraud". Penalty in most U.S. states is 20 years in prison for each offense.



Yes, There is no problem having more that one insurance policy delineating the same vehicle. Bare in mind that "Double Indemnity" however is illegal and a Felony offense. so long as one does not attempt to receive multiple claim compensation from the different policies for the same loss then there is no problem.


The duration of Double Indemnity - film - is 1.78 hours.


Double indemnity can be added to an insurance policy to allow the insured to receive a higher benefit.


Double Indemnity - film - was created on 1944-09-06.


Double CoverageYes, It is not uncommon to have more than one auto insurance policy on the same vehicle. There are legitimate reasons why more than one policy might exist for the same vehicle. Under the principle of Indemnity and the color of Law. Should a loss occur, the applicable policy with the broadest scope of coverage would automatically be treated as the primary insurance policy. Coverage from the secondary policy would only invoke should the policy limits of the primary be exhausted.Bare in mind that to seek double indemnity would constitute a felony insurance fraud.Happy Motoring


It provides double the face value of the life insurance contract if death was accidental. Since only about 5% of all deaths in the US are judged accidental, it is a pretty good bet for the insurance company.


Double indemnity means paying twice the benefit. For example, a life insurance policy that will pay twice the death benefit for death by injury (rather than disease).


Multiple Auto Insurance PoliciesNo, It is not illegal to ave more than one active auto insurance policy. It is not uncommon to have overlapping or excess coverage. When this occurs there are rules that dictate which policy must be treated as primary and which is secondary.It would only be illegal if you try to get paid twice for the same loss or accident. This would be known as double indemnity and is a felony insurance fraud.


The double indemnity policy paid twice the face amount for accidental death. The creditors sought an indemnity against the company to force it to pay its bills. Some federal agencies have indemnity against legal claims and lawsuits.


It does not necessartily "mulitply" by anything. It depends upon the terms and conditions of the policy. Often policies have a "DAB" [Double Accident Benefit] clause whereby, upon death ocurring through an accident, the benefit is DOUBLED.


Accidental Life insurance only pays out if you die in an accident. There are limitation and restrictions on some ADD policies such as the accident has to be a common carrier. Others will cover you for any accident such as a piano dropping on your head. Regular life insurance simeply covers you if you die regardless of cause. The first 2 years do have restrictions such as suicide or pre-existing conditions. If you are trying to determine what type of insurance to buy, buy regular life insurance and you can always add on ADD to that policy. 4lifeguild Accidental life insurance is taken against death by accidents. It will also compensate you incase of any permanent loss of limbs, sight, etc. Some accident policies may also cover hospital expenses and any surgery that may be required due to the accident. Life insurance pays death benefits to beneficiaries no matter how the person dies. Some life insurance policies also ride accident insurance to provide double indemnity.


Lux Video Theatre - 1950 Double Indemnity 5-17 was released on: USA: 16 December 1954


Any individual can have two different auto insurance companies if they have more than one vehicle. If you find that rates are lower with one company for one vehicle and lower for the other with another company, you can carry two separate insurance policies.


No. If you accidentally have two policies in effect at the same time and an accident occurs you can still not collect more than the total damage. The policies will have a clause called the coordination of benefits clause which shows what percentage each will pay for a max of 100%. To try to collect more than the total of the loss on an accident is considered fraud.


Yes you can, So long as you don't try to seek compensation for a loss under more than one policy. That would constitute double indemnity and subject you to Felony insurance fraud charges.


Although it is common place to have more than one policy insuring a risk, Double Indemnity is Illegal. So long as a claim is not filed for the same loss and Double Indemnity does not occur then there is no problem.


The movie Double Indemnity was released on September 6, 1944. Directed by Billy Wilder, the film received mainly positive reviews and was duly nominated for seven Academy Awards but failed to win even one of those awards.


The number 1 rated movie in 1944 was entitled, "Double Indemnity."


Double Insurance-Situation in which the same risk is insured by two overlapping but independent insurance policies. It is lawful to obtain double insurance, and the insured can make claim to both insurers in the event of a loss because both are liable under their respective polices. The insured, however, cannot profit (recover more than the loss suffered) from this arrangement because the insurers are law bound only to share the actual loss in the same proportion they share the total premium. Also called dual insurance.




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