OverviewTo indemnify another party is to compensate that party for losses that that party has incurred or will incur as related to a specified incident. If a client or former client makes a claim against your business PI picks up the bill. The general meaning of indemnity is to hold harmless.
The typical indemnity benefit contract is an insurance coverage contract for health or other types of benefits. It can be structured in many different ways to cover a . One of the most misunderstood provisions in a construction contract is the indemnity provision. An indemnity provision, which usually includes a requirement to . Mar Read more about what a indemnity insurance is and how it affects you.
Don't think it can happen to you? Here are some recent real life claims examples provided by one of our insurance . Professional Indemnity Claims Examples. Careers Privacy Statement Legal Disclosures Report Fraud Employee Login; ©20Republic Indemnity Company of America.
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