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Can you give a sentence for the word indemnify?
I returned my awful Christmas gifts to the store and was indemnified.
What is another word for insurance?
please give another word that we can use instead of insurance
What does defend mean in the phrase indemnify defend and hold harmless?
It is a legal term which covers who pays for what in the event of litigation. In a construction contract setting, generally, the owner will require the contractor to indemnify, defend and hold them harmless in the event of a claim attributable to the work. Separately they mean: Indemnify - reimburse costs for defense of the claim Defend - control the defense of the claim Hold Harmless - agreement to not hold the owner liable for costs the contractor incurs as a result of defending the claim
What does it mean to indemnify someone and how does it protect them in legal situations?
To indemnify someone means to compensate them for any losses or damages they may incur. This protection in legal situations ensures that the person is not held financially responsible for any liabilities or expenses that arise from a specific event or situation.
What does indemnitor mean?
The indemnitor is the person or entity that indemnifies you. Indemnify, in common terms, means to put you back to where you were before the covered event occured.
What does indemnifies mean?
I believe to indemnify means to hold harmless in the event of a problem. Actually almost the opposite...it means you will be responsible for and pay for the damages or hurt/costs suffered. It normally is used with the above though to become something like "I will hold you harmless and indemnify you for any loss because of...."
What does it mean to indemnify and hold harmless in a legal context?
To indemnify and hold harmless in a legal context means to protect someone from financial loss or legal responsibility for certain actions or situations. It involves one party agreeing to compensate or protect another party from any damages, liabilities, or costs that may arise from a specific situation or agreement.
What is the Social Security program intended to indemnify employees against?
loss
What does cross-liability interest clauses in insurance contract mean?
This is when two parties in a contract cannot sue each other over the same event. They indemnify each other.
What does cross liability interest clauses in insurance contract mean?
This is when two parties in a contract cannot sue each other over the same event. They indemnify each other.
What does it mean to indemnify and how does it protect parties involved in a contract or agreement?
To indemnify means to compensate for harm or loss. In a contract or agreement, indemnification protects parties by holding one party responsible for any damages, losses, or liabilities that may arise from the agreement. This helps ensure that each party is protected financially and legally in case of any unforeseen circumstances.
How do you use Indemnify in a sentence?
The double indemnity policy paid twice the face amount for accidental death. The creditors sought an indemnity against the company to force it to pay its bills. Some federal agencies have indemnity against legal claims and lawsuits.
