double indemnity
1
7.8
- noun
- /ˈdʌbəl ɪnˈdɛmənɪti/
- Formal
:
doble indemnización
- That kind of policy is known in the business as double indemnity.
- double indemnity clause
- double indemnity policy
Examples
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There's a clause in every accident policy... a little thing called double indemnity.
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Like I said, Ben had our standard life policy, which we provide for all our executives: $2 million coverage... with a double indemnity clause for accidental death.
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As you know, it contains a double indemnity clause.
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In case of accidental death, double indemnity.
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You don't want to pay the double indemnity insurance in case I get accidentally killed.
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Double indemnity makes it $80,000.
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The policy had a double indemnity clause that doubled the payout in case of accidental death.
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Like I said, Ben had our standard life policy, which we provide for all our executives: $2 million coverage... with a double indemnity clause.
Surface Forms
Morphology
The phrase is fully compositional: 'double' means twice and 'indemnity' means compensation/insurance protection, so the MWE straightforwardly denotes twice the indemnity payment. Although it is a technical insurance/legal term, its meaning is directly derivable from the constituents and would be understandable to a learner who knows both words.
Etymology
Double indemnity comes from life insurance policies that promised double the usual payment if someone died in an 'accident' or 'accidental death'. The word indemnity means a money payment for a loss, so the phrase now refers to 'a part of a policy that pays twice in case of accidental death'.