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.
Indemnity is a noun that refers to protection or security against potential losses or damages. Indemnify is a verb that means to compensate or secure someone against potential losses or damages. In essence, indemnity provides the concept of protection, while indemnify is the action taken to provide that protection.
Protection and Indemnity
Double Indemnity - film - was created on 1944-09-06.
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.
Professional indemnity insurance is designed to protect professionals from claims made against them by clients. It may cover legal fee's involved and even payouts resulting from a law suit.
Whew! ".... a professional protection scheme under agreement to provide indemnity cover....." Sounds like the description of an insurance company to me. If you feel that you have been wronged or slighted, file a civil suit against them.
Indemnity and defense
My life insurance policy has double indemnity and will pay my heirs twice the benefit value if I am killed in an accident.
Double indemnity
Yes, it is possible to have two hospital indemnity plans simultaneously. These plans provide additional coverage for hospital stays and medical expenses that are not covered by primary health insurance. Having multiple plans can help provide extra financial protection in case of a serious illness or injury.
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.
indemnity