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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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9y ago
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8y ago

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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Q: Do term insurance policies have a double indemnity clause?
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Related questions

Does Liberty life have double indemnity policies?

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.


Which of these terms refers to an insurance policy that pays out double?

Double indemnity


How do you use the term Double Indemnity in a sentence?

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


Can you take motor claim simultaneously on two insurance policies?

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.


What can be added to an insurance policy to allow the insurance to receive a higher benefit?

double indemnity. -Chrly


What can be added to an insurance policy to allow the insured to receive higher benefit?

double indemnity. -Chrly


What can be added to an insurance policy to allow the insured to receive a higher benefit?

double indemnity. -Chrly


What can be added to an insurance policy to allow the insured to receive a higher benefits?

double indemnity. -Chrly


Can you have more than one car insurance policies?

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.


What can be added to an insurance policy to allowed the insured to receive a higher benefit?

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


What can be added to an insurance policy to allow the insured to receive a higher benefit-?

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


When was Double Indemnity - film - created?

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