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

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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. 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.

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

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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.

4. dictionary.cambridge.org › dictionary › englishINDEMNITY | 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.

5. corporatefinanceinstitute.com › resources › accountingIndemnity - Definition, Example, Types, Importance

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   What is Indemnity? 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.

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

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

7. www.investopedia.com › terms › iWhat Is Indemnity Insurance? How It Works and Examples

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   Feb 26, 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...

8. www.legalzoom.com › articles › what-is-indemnity-and-why-is-it-importantWhat is indemnity and why is it important - LegalZoom

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   Feb 2, 2024 · Indemnity is an important element of contracts because it is designed to punish a party who breaches the contract. Learn about the different types of indemnity and why they're essential.

9. dictionary.cambridge.org › us › dictionaryINDEMNITY | definition in the Cambridge English Dictionary

   dictionary.cambridge.org › us › dictionary

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

10. www.oxfordlearnersdictionaries.com › definition › englishindemnity noun - Definition, pictures, pronunciation and usage...

    www.oxfordlearnersdictionaries.com › definition › english

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    indemnity. noun. /ɪnˈdemnəti/ (plural indemnities) (formal or law) [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. Questions about grammar and vocabulary?