BNET Business Dictionary

Business Definition for: Double Indemnity

  • a provision in an insurance policy that guarantees payment of double its face value on the accidental death of the holder

Additional Resources

United's Double indemnity
WHERE were we this weekend a year ago? Oh yes, acclaiming Manchester United as outstanding champions, assessing their FA Cup final prospects, and reflecting on how unwillingly the Double gives itself up. Plus a change, as a certain Frenchman at Old Trafford might remark. After 12 of...
Tags: Keane Inc., Manchester United Ltd.
Research articles 1995-05-14
Double indemnity.
Jun 16, 2003 (The Economist - ABIX via COMTEX) Warren Buffett, of Berkshire Hathaway, does not supply his board with directors' and officers' (D&O) insurance. Directors of his firm could still buy their own insurance, in the same way as doctors purchase malpractice cover....
Tags: Berkshire Hathaway Inc., D&O, director, FINANCE, fraud, indemnity, Insurance, Litigation, Xerox Corp.
Research articles 2003-06-16
S&P Announces Rating Actions On Queensway Companies.(International Indemnity Company and Queensway International Indemnity Company)(Brief Article)
Standard & Poor's in New York lowered the ratings of International Indemnity Company and Queensway International Indemnity Company to "single-Bpi" from "double-Bpi." Queensway Financial Holdings of Toronto is the ultimate pa Standard & Poor's in New York lowered the ratings of International Indemnity...
Tags: S&P
Research articles 2001-01-22
S&P Lowers First Indemnity of America Ins. Co. FSR
Business Editors NEW YORK--BUSINESS WIRE--Standard & Poor's CreditWire-- April 11, 2000--Standard & Poor's today lowered its financial strength rating on First Indemnity of America Insurance Co. First Indemnity to single-'Bpi' from double-'Bpi'. First Indemnity, which...
Tags: company, financial, insurance company, S&P, surplus
Research articles 2000-04-11
S&P Assigns Western Indemnity Insurance 'BBpi' Rating
NEW YORK--BUSINESS WIRE--Standard & Poor's CreditWire 10/9/98-- Standard & Poor's today assigned its double-'Bpi' insurer financial strength rating to Western Indemnity Insurance Co.
Tags: insurance, S&P
Research articles 1998-10-09
California Indemnity Insurance Co. Rated BBpi by S&P
NEW YORK--BUSINESS WIRE--S&P's CreditWire 10/28/98--Standard & Poor's today assigned its double-'Bpi' insurer financial strength rating to California Indemnity Insurance Co.
Tags: S&P
Research articles 1998-10-28
Zacks' Discount Fundamental Strength strategy highlights: Avnet, United America Indemnity, Ltd, Western Digital Corp. and ExpressJet Holdings
CHICAGO -- Combining strong underlying fundamentals with low valuations can lower risk and increase portfolio returns. Zacks' Discounted Fundamental Strength Profit Track strategy has generated double-digit returns for six consecutive years, including a 34% gain in 2006. For the first month of 2007, this Profit Track returned 7.3%. Four stocks...
Tags: NYSE Euronext, Western Digital Corp., AvNet Inc., strategy
Research articles 2007-07-03
Liability rates in Australia dropping by double digits.(International)
Byline: ELIZABETH FRY SYDNEY, Australia-Public liability and professional indemnity premiums are falling in Australia, but observers say it is too early to tell whether tort reforms introduced in the past three years are responsible. According Byline: ELIZABETH FRY ...
Tags: Australian Competition and Consumer Commission, insurance company, reform, tort
Research articles 2005-02-28
Zacks' Discount Fundamental Strength Strategy Highlights: Barrett Business Services, United America Indemnity, Ltd, Tesoro Corp. and Western Digital Corp
CHICAGO -- Combining strong underlying fundamentals with low valuations can lower risk and increase portfolio returns. Zacks' Discounted Fundamental Strength Profit Track strategy has generated double-digit returns for six consecutive years, including a 34% gain in 2006. For the first month of 2007, this Profit Track returned 7.3%. Four stocks...
Tags: strategy, Tesoro Corp., Western Digital Corp.
Research articles 2007-03-23
Zacks' Discount Fundamental Strength Strategy Highlights: CBIZ, Inc., United America Indemnity, Ltd, Kforce, Inc. and TechTeam Global
CHICAGO -- Combining strong underlying fundamentals with low valuations can lower risk and increase portfolio returns. Zacks' Discounted Fundamental Strength Profit Track strategy has generated double-digit returns for six consecutive years, including a 34% gain in 2006. For the first month of 2007, this Profit Track returned 7.3%. Four stocks...
Tags: Nasdaq Stock Market Inc., strategy
Research articles 2007-08-24
Zacks' Discount Fundamental Strength strategy highlights: Benchmark Electronics, United America Indemnity, Western Digital Corp. and ExpressJet Holdings
CHICAGO -- Combining strong underlying fundamentals with low valuations can lower risk and increase portfolio returns. Zacks' Discounted Fundamental Strength Profit Track strategy has generated double-digit returns for six consecutive years, including a 34% gain in 2006. For the first month of 2007, this Profit Track returned 7.3%. Four stocks...
Tags: Western Digital Corp., NYSE Euronext, strategy
Research articles 2007-05-25
Zacks' Discount Fundamental Strength strategy highlights: CBIZ, United America Indemnity, Kforce and TechTeam Global
CHICAGO -- Combining strong underlying fundamentals with low valuations can lower risk and increase portfolio returns. Zacks' Discounted Fundamental Strength Profit Track strategy has generated double-digit returns for six consecutive years, including a 34% gain in 2006. Four stocks that currently have both fundamental strength and discounted valuations are CBIZ,...
Tags: FINANCE, Investment, Nasdaq Stock Market Inc., stock, strategy
Research articles 2007-09-10
Mass. WC bill would allow 'double dipping,' AIA says.(Massachusetts workers' compensation, American Insurance Association)
BOSTON--The Massachusetts House and Senate have passed a bill which would amend the state's workers' compensation law to allow employees to "double-dip" by collecting payments from third parties in addition to insured medical and indemnity coBOSTON--The Massachusetts House and Senate have passed a bill which would...
Tags: American Insurance Association, comp, compensation, worker
Research articles 1996-08-12
Health Plan Hikes To Hit Double Digits.(Brief Article)
Employers' health care costs are expected to increase at double-digit rates, according to the "National Health Care Trend Survey," a semiannual study by Buck Consultants of New York. Insurers are projecting double digit medical cost hikes for indemnity, preferred provider option and Medicare supplement...
Tags: Buck Consultants
Research articles 2000-10-09
Double-Digit Health Care Cost Increases Seen.(Brief Article)
Employers' health care costs are expected to increase at double-digit rates, according to the National Health Care Trend Survey, a semi-annual survey by Buck Consultants of New York City. The consultancy conducted the study to determine projected annual health care plan rate increases for the remainder...
Tags: Buck Consultants
Research articles 2000-10-02
Double indemnity. (Citibank and financial guaranty insurance)
Citibank Citibank
Tags: Citigroup Inc., financial, insurance
Research articles 1989-07-08
Lowy, Silverstein fight for double from nothing.
Dec 31, 2001 The Australian ABIX via COMTEX -- Frank Lowy's Westfield Holdings and Larry Silverstein's Silverstein Properties are suing to recover insurance claims. The World Trade Center partners have sued Travelers Indemnity Company, a Citibank subsidiary, and are seeking permission from the US...
Tags: FINANCE, Insurance, MARKETING, permission, tower, World Trade Center
Research articles 2001-12-30
Double indemnity
TAX One of the main problems with trading across borders in Europe is the likelihood that your firm will be taxed both at home and abroad. But there is away around it, as Grahame Steven explains While the UK is not yet part of...
Tags: FINANCE, OECD, Taxes
Research articles 2002-05-01
DOUBLE INDEMNITY
Bob Greczyn strains against the steering wheel, fighting 750 horsepower and 3,400 pounds. At 120 mph, the Chevy Monte Carlo wants to dive to the bottom of Lowe's Motor Speedway's banked curve. He's so close to the car ahead that he can't see the asphalt between them. Another one runs...
Tags: Blue Cross Blue Shield, CEO, Duke University, HEALTHCARE, HMO
Research articles 2000-04-01
Double indemnity: one of the main problems with trading across borders in Europe is the likelihood that your firm will be taxed both at home and abroad. But there is a way around it
While the UK is not yet part of the eurozone, it's still a fully paid-up member of the European Union. British businesses consequently have unprecedented opportunities to trade from the Baltic to the Bosphorus now that so many barriers to international commerce have been removed. But one key obstacle remains:...
Tags: FINANCE, OECD, Taxes, U.K.
Research articles 2002-05-01
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