| Read Time: 4 minutes | Insurance

What to Know About Double Indemnity

Double indemnity clauses stipulate that an insurance carrier agrees to pay at least double the policy limit if the policyholder dies an accidental death. Life insurance and accident policies (also known as AD&D for “accidental death and dismemberment”) often include double indemnity clauses. While these clauses can provide financial relief and other benefits in a time of grief, understanding...

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