A document issued to the Insured, certifying that insurance has been effected and that a policy has been issued.
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Double Indemnity
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.