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.
- Dictionaryindemnity/ɪnˈdɛmnɪti/
noun
- 1. security or protection against a loss or other financial burden: "no indemnity will be given for loss of cash" Similar
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Indemnity is a contractual obligation to compensate another party for loss due to one's acts or those of a third party. Learn about the difference between indemnity and guarantee, indemnity and warranty, and indemnity in various legal contexts and jurisdictions.
Apr 2, 2020 · Learn what an indemnity clause is, how it allocates risks between contracting parties, and how to draft one. Find out what to do before signing an indemnity clause and get contract templates and lawyer quotes.
Jan 29, 2022 · Learn what an indemnity clause is, why it is important, and how to draft one for your business contracts. Find out the advantages and disadvantages of indemnity clauses and how to avoid common pitfalls.
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.
