Theo Abrams
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Feb 25, 2024 · Indemnity is a form of insurance or legal agreement that compensates one party for losses or damages caused by another. Learn about different types of indemnity, how it works, and its historical applications.
Indemnity is a noun that means protection against possible damage or loss, or the money paid if there is such damage or loss. Learn how to use it in different contexts, such as insurance, law and government, and see translations in other languages.
Learn the meaning of indemnity as a noun and an adjective, with synonyms, examples, and word history. Find out how indemnity is used in law, insurance, and business contexts.
Apr 2, 2020 · Learn what indemnity clauses are, how they allocate risks between contracting parties, and how to draft them. Find out the benefits, examples, and tips for indemnity clauses in Singapore contracts.
In contract law, an indemnity is a contractual obligation of one party (the indemnitor) to compensate the loss incurred by another party (the indemnitee) due to the relevant acts of the indemnitor or any other party.
Feb 26, 2024 · Indemnity insurance is a policy that compensates an insured party for damages or losses up to a certain limit. Learn how it works, who needs it, and what types of indemnity insurance exist, such as malpractice, professional, and hospital indemnity.
Jan 29, 2022 · An indemnity is a contract between two parties that specifies a type of insurance payout for potential damages or losses. In an indemnity agreement, one party agrees to pay monetary compensation for any prospective losses or damages caused by the other party, as well as to accept legal responsibility for those damages.
