Multiple indemnity,
Definition of Multiple indemnity:
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.
Meaning of Multiple indemnity & Multiple indemnity Definition
Multiple Indemnity,
Multiple Indemnity:
Definition of Multiple Indemnity: A life insurance policy that pays a certain amount of face value (such as 100 or 200%) in the event of a policyholder's death due to a specific type of accident.
Literal Meanings of Multiple Indemnity
Multiple:
Meanings of Multiple:
A number that can be divided by another number in which no one is left.
Terminal management that allows one to connect to the circuit at one of the many locations.
These include many parties, elements or members.
Sentences of Multiple
15, 20 or the second multiplication of five
Double capture
Indemnity:
Meanings of Indemnity:
Security or protection from loss or other financial burden.
Sentences of Indemnity
Money loss is not compensated
Synonyms of Indemnity
security, protection, insurance, warranty, safeguard, indemnification, endorsement, guarantee, surety
Multiple Indemnity,
Multiple Indemnity:
Multiple Indemnity definition is: A life insurance policy that provides a certain type of value (eg 100 100 or 200%) if the policyholder is due to a particular type of accident.
Literal Meanings of Multiple Indemnity
Multiple:
Meanings of Multiple:
Contains multiple parts, elements or members.
A number you can divide as many as you want, no rest.
A store that has branches in many places, especially one that sells a certain type of product.
Sentences of Multiple
Multiply by 15, 20 or five.
Too much food
Indemnity:
Meanings of Indemnity:
Protection or protection from loss or other financial burden.
Sentences of Indemnity
Loss of money is not compensated.
Synonyms of Indemnity
assurance
Multiple Indemnity,
What is The Definition of Multiple Indemnity?
If the policyholder is due to a specific type of accident, then a life insurance policy that provides a certain multiplication of the face value (e.g. 100 or 200%).
Literal Meanings of Multiple Indemnity
Multiple:
Meanings of Multiple:
Contains or accompanies multiple parts, elements or members.
A number that you can divide as many as you want, do not leave the rest.
Sentences of Multiple
Double occupation
A lot of food