Claims which have been provisionally advised by the Insured(s), but which are in the process of investigation and thus have not been settled.
Claims which have been provisionally advised by the Insured(s), but which are in the process of investigation and thus have not been settled.
Payment of twice the basic benefit in the event of loss resulting from specified causes or under specified circumstances. For example, a Life Insurance contract may provide for twice the basic benefit if death is due to an accident. Accident policies may provide double indemnity coverage for death due to an elevator accident. See also Multiple Indemnity.