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 is indemnity health insurance?

Indemnity health insurance is one of two main health plans in the United States, with managed care insurance being the other. This insurance policy allows the insured to control and have flexibilit... Read More »

What is professional indemnity insurance?

This insurance provides coverage for individuals who are in occupations that deal with the public ie lawyers, police, architects, contractors, etc. The insurance helps protect them from lawsuits an... Read More »