indemnity policy
Look at other dictionaries:
indemnity policy — See indemnity insurance and liability insurance under insurance … Black's law dictionary
indemnity policy — See indemnity insurance and liability insurance under insurance … Black's law dictionary
indemnity — in·dem·ni·ty /in dem nə tē/ n pl ties 1 a: security against hurt, loss, or damage b: exemption from incurred penalties or liabilities 2 a: indemnification (1) b: something (as a payme … Law dictionary
indemnity — in‧dem‧ni‧ty [ɪnˈdemnti] noun indemnities PLURALFORM 1. [uncountable] INSURANCE protection against loss or damage, especially in the form of an official written promise to pay for any losses or damage: • Every full time employee at our firm… … Financial and business terms
Indemnity — An indemnity is a sum paid by A to B by way of compensation for a particular loss suffered by B. The indemnifying party (A) may or may not be responsible for the loss suffered by the indemnified party (B). Forms of indemnity include cash payments … Wikipedia
Indemnity Insurance — An insurance policy that aims to protect business owners and employees when they are found to be at fault for a specific event such as misjudgment. Typical examples of indemnity insurance include professional insurance policies such as… … Investment dictionary
indemnity — /indemnadiy/ Reimbursement. An undertaking whereby one agrees to indemnify another upon the occurrence of an anticipated loss. Dawson v. Fidelity & Deposit Co. of Md., D.C.S.D., 189 F.Supp. 854, 865. A contractual or equitable right under which… … Black's law dictionary
indemnity — /indemnadiy/ Reimbursement. An undertaking whereby one agrees to indemnify another upon the occurrence of an anticipated loss. Dawson v. Fidelity & Deposit Co. of Md., D.C.S.D., 189 F.Supp. 854, 865. A contractual or equitable right under which… … Black's law dictionary
policy — Synonyms and related words: accident insurance, action, actuary, annuity, approach, arrangement, assurance, autarky, aviation insurance, bail bond, behavior, bimetallism, bingo, bond, business life insurance, card games, casualty insurance,… … Moby Thesaurus
indemnity insurance — Insurance under a policy providing indemnification for actual loss or damage suffered by the insured (Shealey v American Health Ins. Corp. 220 SC 79, 66 SE2d 461, 27 ALR2d 942) as distinguished from insurance, particularly insurance under a… … Ballentine's law dictionary
