What is the meaning of indemnity insurance?

Answer Indemnity insurance is a form of insurance wherein fees are paid to an insurance company. Payment of these fees provides you with financial and legal protection. Some indemnity policies cover indiv... Read More »

Top Q&A For: What is the meaning of indemnity insurance

What is contract liability insurance and indemnity insurance?

In many cases when you enter into a contract, whether it is a contract for work, a lease agreement or any other type of contract, there will be clauses covering insurance and indemnification, which... Read More »

What is indemnity insurance?

There are two types of indemnity insurance available in the United States: indemnity health and professional indemnity insurance. Both policies indemnify the policy owner by paying for covered inci... Read More »

What does indemnity mean in business insurance?

Restoring the person, group or company who suffers a loss to the financial condition it would be in had the loss not occurred.

What Is Property Indemnity Insurance?

In the event of serious losses due to theft, natural disaster or other problems, businesses are often presented with threats to their continued viability. As a result, virtually all businesses will... Read More »