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1. www.investopedia.com › terms › iIndemnity: What It Means in Insurance and the Law - Investopedia

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   Feb 25, 2024 · 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...

2. dictionary.cambridge.org › english › indemnityINDEMNITY | English meaning - Cambridge Dictionary

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   INDEMNITY definition: 1. protection against possible damage or loss, especially a promise of payment, or the money paid…. Learn more.

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4. blog.ipleaders.in › contract-indemnity-insuranceContract of indemnity - iPleaders

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   Feb 1, 2023 · Indemnity is a subset of compensation, and a contract of indemnity is a type of contract. The obligation to indemnify is a responsibility that the indemnifier willingly and voluntarily accepts. In most cases, an insurance contract is not considered an indemnity contract in India.

5. www.merriam-webster.com › dictionary › indemnityIndemnity Definition & Meaning - Merriam-Webster

   www.merriam-webster.com › dictionary › indemnity

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   The meaning of INDEMNITY is security against hurt, loss, or damage. How to use indemnity in a sentence.

6. en.wikipedia.org › wiki › IndemnityIndemnity - Wikipedia

   en.wikipedia.org › wiki › Indemnity

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   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".

7. dictionary.cambridge.org › english › indemnityINDEMNITY | definition in the Cambridge English Dictionary

   dictionary.cambridge.org › english › indemnity

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   protection against possible damage or loss, especially a promise of payment, or the money paid if there is such damage or loss. SMART Vocabulary: related words and phrases. Insurance. actuarial. assessor. assurance. bancassurance. broking. burial society. comprehensive insurance. health coverage. indemnification. indemnify. insurable.

8. www.oxfordlearnersdictionaries.com › indemnityindemnity noun - Definition, pictures, pronunciation and ...

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   [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. an indemnity clause/fund/policy; indemnity insurance