What Is Double Indemnity?

Families grieving can be provided with a range of benefits after experiencing an unexpected loss. In the event that the policyholder dies accidentally, insurance companies require life insurance policies to double the face value of the policy to be paid to the beneficiary. This is a common clause found in accident and life insurance policies, which provides double indemnity in case of accidental death of the policyholder.

What Is Double Indemnity?

What To Do if Your Double Indemnity Claim is Wrongfully Denied

Many beneficiaries are distraught by the loss of a loved one and the thought of fighting over a denied claim can be unbearable. In these situations, an attorney specializing in wrongful death cases in Las Vegas can provide assistance. Insurers use various tactics to avoid liability, so it is important for them to have a comprehensive understanding of these tactics. They can gather evidence to ensure that the amount owed to you is paid by the insurer and utilize their resources to investigate the accidental nature of your loved one’s death.

What Qualifies as an Accidental Death?

Common examples of acts that can cause preventable accidents or intentional violence include negligence by a third party. Insurance companies can have varying definitions for accidental death. In order to qualify for double indemnity, the surviving beneficiary must prove that the death of their loved one was accidental.

  • Car accidents.
  • Accidents involving slipping and falling.
  • Drowning accidents.
  • Accidents involving choking or suffocation.
  • Contact with harmful chemicals.
  • Accidents involving faulty machinery.
  • Medical malpractice.
  • Workplace accident.
  • Murder.
  • Most policies will only cover deaths that occur within 365 days of an accident. Evidence such as medical records, expert witness testimony, eyewitness statements, toxicology reports, coroner’s report, and a police report, will likely be required to establish a death as accidental. An insurance company will rarely rely on a death certificate alone, even if it classifies the death as accidental. Once enough documentation is submitted and liability becomes clear, the double indemnity claim must be promptly paid, but the investigation can remain ongoing for quite some time.

    When a Double Indemnity Claim Will Be Denied

    The insurance company will evaluate claims for double indemnity on a case-by-case basis, but they will deny it if the death was accidental.

  • A health condition (e.G., Heart failure, COVID-19, etc.).
  • Regardless of their psychological condition, self-inflicted harm, suicide, or attempted suicide.
  • Drug overdose, unless it was a prescribed medication taken as directed.
  • Fatalities resulting from carelessness (e.G., Neglecting to fasten a seatbelt).
  • Fatalities incurred during the act of trying or engaging in a serious crime.
  • Fatalities that happen during a medical process, operation, or postoperative recuperation (not caused by medical negligence).
  • Extreme sports (such as bungee jumping).
  • Murder. committed by the beneficiary
  • It is important to keep in mind that insurance companies are motivated by profits. Therefore, they often manipulate policy language in an effort to deny valid claims and make money from them. Some insurers offer double indemnity policies because they believe they can manipulate the language to deny a claim and make money. They will often minimize payouts on claims and limit their liability in order to maximize their profits.