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
It can stand for either Letter Of Intent or Letter Of Indemnity.
Buyer if you mean in terms of the action they performSaleswoman if you mean the opposite in terms of gender/female version
You will have to look at your policy. It will detail all the coverage you purchased.
Indemnity, indemnify (as I understand it) is protection from loss, and to make whole, after a loss has been sustained. On Behalf of would be the person the sum is being paid for/in your stead/representing you/in stead of you. Your insurance company made payment to the injured/damaged property that you were responsible for, thus indemnifying them, on your behalf, (rather than you paying it yourself).
The action over indemnity buyback clause states that property may still be acquired by previous owner by paying a certain amount plus penalties and charges. A specific time frame is given to buy the property back before it will be up for auction.
no
Indemnity to Principals clause means that the cover is extended to the principal in the event that he/she is sued. This is common for most insurance covers.
A legal obligation to cover a liability, however arising.
it is legal philosophy upon which the concept of most insurance policies rests. Strictly speaking, indemnity is protection from loss and damage claims filed by another person.
contact of insurance is an example of indemnity contracts
Indemnity always goes to the credit side.
Dumbbell Indemnity was created on 1998-03-01.
It means the purpose who was not at fault will be compensated for the damage the at-fault party caused.
Most insurance contracts are indemnity contracts. Indemnity contracts apply to insurances where the loss suffered can be measured in terms of money.
As a result of Bob's indemnity to the bank, he was left with only six dollars.
there is no such word. I think you mean Appalled which means to be over come with horror of a situation, action etc