Indemnity: What It Means in Insurance and the Law - Investopedia
ويب25 فروری، 2024 · Indemnity is a comprehensive form of insurance compensation for damage or loss. When the term indemnity is used in the legal sense, it may also refer to an exemption from...
INDEMNITY | English meaning - Cambridge Dictionary
ويبMeaning of indemnity in English. indemnity. noun [ C or U ] finance & economics, law formal or specialized uk / ɪnˈdem.nə.ti / us / ɪnˈdem.nə.t̬i / Add to word list. protection against …
Indemnity Definition & Meaning - Merriam-Webster
ويبThe meaning of INDEMNITY is security against hurt, loss, or damage. How to use indemnity in a sentence. security against hurt, loss, or damage; exemption from incurred penalties …
Indemnity | Practical Law
ويبGlossary. Indemnity. In its widest sense, "indemnity" means protection against, or compensation for, a loss or liability. Some indemnity claims arise by operation of law.
What Is Indemnity Insurance? - HomeOwners Alliance
ويبIndemnity insurance covers legal costs and potential damages in lawsuits. It primarily protects professionals from financial loss due to negligence, errors, or omissions in their work.
Indemnity - Wikipedia
ويبIndemnity. 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.
What Is Indemnity Insurance? How It Works and Examples - Investopedia
ويب26 فروری، 2024 · Indemnity insurance is a type of insurance policy where the insurance company guarantees compensation for losses or damages sustained by a policyholder. Indemnity insurance is designed to...
Indemnity Definition | Legal Glossary | LexisNexis
ويبAn indemnity is an agreement by one person to bear the cost of certain claims brought against another person in specified circumstances. Indemnities are used together with warranties and exclusion clauses to apportion commercial risk.
indemnity noun - Definition, pictures, pronunciation and usage …
ويبindemnity. [uncountable] indemnity (against something) protection against damage or loss, especially in the form of a promise to pay for any damage or loss that happens. [countable] a sum of money that is given as payment for damage or loss. Our client will seek an indemnity from the vendor for a breach of contract.
Indemnity | Free Guide - Rocket Lawyer UK
ويبAn indemnity is a promise by one party to compensate another for losses suffered due to a specific event (ie the 'trigger event'). The trigger event can be anything defined by the parties, including: a breach of contract. a party's fault or negligence. a specific actio.