Aviation Exclusion
Common exclusion in life and accidental death insurance (double indemnity) policies, indicating that coverage does not apply unless an insured is a passenger on a regularly scheduled airline. For example, if an insured is killed while a passenger in a private plane crash, the aviation exclusion would apply, and the insured's beneficiary would not receive a death payment.
Popular Insurance Terms
Calculations involving the mortality rate of a company's insureds and the rate of return on the company's investments. It is used in calculating the prospective reserve. ...
Combination of coverages from property and liability policies. ...
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