Double Indemnity Double Indemnity
A provision in a life insurance policy, subject to specified conditions and exclusions, that doubles the face amount of the policy payable to the insured if his or her death is the result of an accident. In general, the conditions are that the insured's death occurs prior to a specified age and results from bodily injury effected solely through external, violent, and accidental means independently and exclusively of all other cause, within 60 or 90 days after such injury.