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Double Dipping –Claimants Entitlement To Indemnity Benefits …

WebAn insured purchased a 15-year level term life insurance policy with a face amount of $100,000. The policy contained an accidental death rider, offering a double indemnity benefit. The insured was severely injured in an auto accident, and after 10 weeks of hospitalization, died from the injuries. WebDec 6, 2024 · Full Disclosure. An accidental death rider ensures added financial protection if the insured dies as a result of bodily injury from an accident. In the case of accidental death, the insurance company typically pays twice the face value of the policy, hence its other moniker: the double indemnity rider. These policies also typically cover other ... overtime voluntary backpay

‘Double Indemnity’: Two On a Conveyor Belt Toward Doom

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