From Longman Dictionary of Contemporary Englishdouble indemnityˌdouble inˈdemnity noun [uncountable] American English law a feature of a life insurance policy that allows double the value of the contract to be paid in the case of death by accidentFrom Longman Business Dictionarydouble indemnityˌdouble inˈdemnity [uncountable]INSURANCE life insurance or personal accident insurance where the amount paid out is twice the normal amount if the insured person dies or is injured in certain types of accident, for example a road accident → indemnity
