The concept of indemnification denotes an attempt to “make whole†which is actually almost never a real possibility due to a myriad of factors the primary of which is in sentimentally attached values, these are not real values but rather a perceived value based on emotional attachments. Compensation is an as stated. " Compensation" It is more general and usually represents an agreed amount or an amount legally acceptable or required.
The concept of indemnification denotes an attempt to
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indemnity
In expropriation government pays any compensation but not in confiscation.and the difference between them that Expro. is taking of private owners and pay ( adequate and effective compensation)In Confis. is like deprivation and doesn't pay any compensation .
They must meet certain income eligibility requirements.
They must meet certain income eligibility requirements.
A surety bond is a form of guarantee. Workers compensation is an insurance program. There is absolutely no relativity.
Indemnity is protection from a loss that can possibly occur. It usually relates to financial transactions and can also be money that is paid for compensation.
Indemnity in insurance means the exact financial compensation. This can be provided by: 1. Cash payment 2. Repair 3. Replacement 4. Reinstatement For more information email to: KAEY.VEE@GMAIL.COM
An analyst recieves compensation from his client, and the agent recieves compensation from the insurance company.
Indemnity in insurance means the exact financial compensation. This can be provided by: 1. Cash payment 2. Repair 3. Replacement 4. Reinstatement For more information email to: KAEY.VEE@GMAIL.COM
Indemnity insurance is compensation for the beneficiaries of the policies for their actual economic losses. This is typically up to the limiting amount of the insurance policy. It generally requires the insured to prove the amount of its loss before it can recover.
is compensation received an exceptional income