double indemnity

An additional benefit included in, or added to, a life insurance policy providing for payment of an additional death benefit in the event of death as a result of accident. See also Accidental death benefit.

Internal Revenue Service ¹

See also accidental death benefit, benefits

¹Internal Revenue Service, Internal Revenue Manual 4.42.6 Glossary, http://www.irs.gov/irm/part4/irm_04-042-006.html (last accessed Dec. 22, 2009).