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  • Indemnity: What It Means in Insurance and the Law - Investopedia
    Indemnity is a comprehensive form of insurance compensation for damage or loss In an indemnity arrangement, one party agrees to pay for potential losses or damage caused by another
  • Indemnity - Wikipedia
    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 The duty to indemnify is usually, but not always, coextensive with the contractual duty to "hold harmless" or "save harmless"
  • INDEMNITY Definition Meaning - Merriam-Webster
    The meaning of INDEMNITY is security against hurt, loss, or damage How to use indemnity in a sentence
  • What Is Indemnity and Why Is It Important? - LegalZoom
    Indemnification is protection against loss or damage When a contract is breached, the parties look to its indemnity clause to determine the compensation due to the aggrieved party by the nonperformer The point is to restore the damaged party to where they would have been if not for the nonperformance Another type of indemnity is loan indemnity
  • indemnity | Wex | US Law | LII Legal Information Institute
    Indemnity is a type of insurance that covers a wide range of damages and losses In the indemnity clause, one party commits to compensate another party for any prospective loss or damage
  • Indemnity - Definition, Example, Types, Importance
    The word indemnity means security or protection against a financial liability It typically occurs in the form of a contractual agreement made between parties in which one party agrees to pay for losses or damages suffered by the other party
  • Indemnity - definition of indemnity by The Free Dictionary
    Security against damage, loss, or injury 2 An exemption from liability for damages resulting from specified conduct, as in a contract indemnifying a party for the performance of certain actions 3 Compensation for damage, loss, or injury suffered
  • Indemnity legal definition of indemnity - TheFreeDictionary. com Legal . . .
    Recompense for loss, damage, or injuries; restitution or reimbursement An indemnity contract arises when one individual takes on the obligation to pay for any loss or damage that has been or might be incurred by another individual
  • What is Indemnity? - Definition from Insuranceopedia
    Indemnity refers to compensation or payment for losses or damages, typically as part of a contractual agreement or insurance policy between two parties—the insurer and the insured—in exchange for premium payments
  • What is Indemnity? Legal Definition, Purpose How It Works
    What is an Indemnity? An indemnity is a contractual obligation where one party agrees to compensate another for specific losses, damages, or liabilities It is commonly used in contracts to allocate risk and ensure that the indemnified party is protected against financial harm





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