A provision that some or all of the benefits under a policy will be increased by a stated multiple, such as 100% or 200%, in the event that peril occurs in a specified way, e.g., double indemnity in case of Permanent Total Disablement due to an accident under PA Policies.

A clause stating that the benefits provided by a certain policy will be multiplied by a certain percentage if the peril happens in a specified way; for example, double indemnity on a property insurance policy in the case of arson.

Insurance which combines coverage of both property and liability loss exposures into one Policy.

A state law that makes it legal for the same insurer to write both property and casualty insurance.

Any kind of personal or commercial package policy that includes many different coverages.

A policy that covers property owned by one person in more than one location.

A plan offered to commercial clients who operate from more than one location, with credits offered that are based on the number of locations. Under this kind of plan, the multiple locations are seen as a reduced hazard, as the assets are spread between these locations.

Insurance of property owned or controlled by one person or corporation in a number of different locations.

A plan under which employees can choose between an HMO, PPO, or a major health plan.

(i) In case of multiple policies which provide fixed benefits, on the occurrence of the insured event in accordance with the terms and conditions of the policies, each insurer shall make the claim payments independent of payments received under other similar polices. (ii) . If two or more policies are taken by an insured during a period from one or more insurers to indemnify treatment costs, the policyholder shall have the right to require a settlement of his/her claim in terms of any of his/her policies. (a) In all such cases the insurer who has issued the chosen policy shall be obliged to settle the claim as long as the claim is within the limits of and according to the terms of the chosen policy. (b) Claims under other policy/ies may be made after exhaustion of Sum Insured in the earlier chosen policy/policies (c) If the amount to be claimed exceeds the sum insured under a single policy after considering the deductibles or co-pay, the policyholder shall have the right to choose insurers from whom he/she wants to claim the balance amount. (d). Where an insured has policies from more than one insurer to cover the same risk on indemnity basis, the insured shall only be indemnified the hospitalization costs in accordance with the terms and conditions of the chosen policy.