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 …

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

Sep 18, 2025 · Indemnity involves a contractual agreement where one party agrees to cover potential financial losses or damages caused by another party, often seen in insurance contexts.

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

1 day ago · Indemnity is a crucial concept that serves as a safety net, ensuring you’re compensated for damages or losses. In this article, we will explore what indemnity means, its importance in contracts …

Mar 9, 2025 · Insurance provides financial protection against unexpected losses, and indemnity ensures policyholders are restored to their previous financial position after a covered event. This principle …

If something provides indemnity, it provides insurance or protection against damage or loss.