A policy provision which doubles payment of designated benefits when certain types of accidents occur.
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MEDICAL,USA: Feature in some life and disability insurance policies that provides for twice the face amount of the policy to be paid if death results to the insured from accidental causes.
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Policies that provide for twice the face amount of the Policy to be paid if death results from stated but generally accidental causes. A provision under which the principal sum in an accident Policy, and sometimes other indemnities are doubled when accident is due to certain causes. As for example, some Personal Accident Policies by way of an endorsement give the insured person double the indemnity benefits in case of Permanent Total Disablement.
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This term refers to life and accident insurance policies that pay a twice-the-death benefit if the death occurs under certain circumstances. For example, a life insurance policy may pay twice the stated death benefit if the death is by accident. An accident insurance policy may pay twice the stated benefit if the insured dies in a helicopter crash. (See Accidental Death and Dismemberment).