Insurance Verifier Question:
Download Questions PDF

Please explain what do you mean by term ‘Double Indemnity’?


‘Double Indemnity’ is a provision provided by certain insurance companies, where according to their policy they are liable to pay double the face amount in case of death by accidental means or murder. This type of policy does not cover suicide, and death caused by gross negligence of theinsured person. For example, a person who dies due to natural causes including heart disease or cancer, Murder or conspiracy by beneficiary, or death due toaninjury from sheer negligence.

Download Insurance Verifier Interview Questions And Answers PDF

Previous QuestionNext Question
Tell me do you know what is Co-insurance?Please tell me what Do You Mean By ‘insurance Coverage’?