TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

TRIPLE INDEMNITY [1 record]

Record 1 2015-04-09

English

Subject field(s)
  • Life Insurance
  • Insurance
DEF

A variety of Multiple Indemnity.

CONT

Multiple Indemnity: A provision that some or all of the benefits under a policy will be increased by a stated multiple (such as 100 % or 200 %) in the event that a peril occurs in a specified way or ways (such as Double Indemnity on Life Insurance for accidental death or Double or Triple Indemnity in an Accident policy for death from certain specified perils such as death resulting from riding in a common carrier).

French

Domaine(s)
  • Assurance sur la vie
  • Assurances
DEF

Disposition qui permet [...] de tripler l'effet d'une garantie.

CONT

Avenant de double effet ou de triple effet en cas de décès par accident.

Spanish

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