Skip to main content
Insurance

Double Indemnity

In the field of finance, there exists the concept of providing a payment that is twice the basic benefit in the event of a loss. This is applicable only under certain circumstances or in the case of specified causes. It is important to understand and analyze these factors when considering this type of payment in order to make informed financial decisions. This approach can prove to be beneficial in mitigating potential losses and securing financial stability.

Related terms

Static risks

Understand the meaning and definition of Static risks in the context of stock market, trading, and investments.

MORE
Legal injury

Understand the meaning and definition of Legal injury in the context of stock market, trading, and investments.

MORE
Earthquake insurance

Understand the meaning and definition of Earthquake insurance in the context of stock market, trading, and investments.

MORE
Excess of loss reinsurance

Understand the meaning and definition of Excess of loss reinsurance in the context of stock market, trading, and investments.

MORE
Mortality Rate

Understand the meaning and definition of Mortality Rate in the context of stock market, trading, and investments.

MORE
Endorsement

Understand the meaning and definition of Endorsement in the context of stock market, trading, and investments.

MORE

Open Free Demat Account!

Join our 3.8 Cr+ happy customers

+91
Explore other categories
Enjoy Zero Brokerage on Equity Delivery
10 Cr+DOWNLOADS

Enjoy Zero Brokerage On Stock Investments

Get the link to download the App

Scan this QR code to download the app
Get it on Google PlayDownload on the App Store