The meaning of INDEMNITY is security against hurt, loss, or damage. How to use indemnity in a sentence.

Indemnity is protection against loss or harm — it is most often used in insurance. If you suffer an injury or there's damage to your house, an indemnity makes up for the loss — if it's part of your insurance.

INDEMNITY definition: 1. protection against possible damage or loss, especially a promise of payment, or the money paid…. Learn more.

Apr 4, 2026 · Learn what indemnity means in contracts, how "defend, indemnify, and hold harmless" language works, and which clause terms are worth pushing back on. Indemnity is a contractual …

In contract law, an indemnity is a contractual obligation of one party (the indemnitor) to compensate the loss incurred by another party (the indemnitee) due to the relevant acts of the indemnitor or any other …

Sep 18, 2025 · Indemnity involves a contractual agreement where one party agrees to cover potential financial losses or damages caused by another party, often seen in insurance contexts.

6 days ago · An indemnity clause is a contract provision where one party agrees to compensate another party for certain losses or damages. In simple terms, an indemnity clause means: If a specific …

Indemnity is a type of insurance that covers a wide range of damages and losses. In the indemnity clause, one party commits to compensate another party for any prospective loss or damage.

Security against damage, loss, or injury. 2. An exemption from liability for damages resulting from specified conduct, as in a contract indemnifying a party for the performance of certain actions. 3. …

Apr 1, 2026 · An indemnity agreement is a contract in which one party promises to cover another party’s losses from a specific event or claim. These agreements show up constantly in business dealings, …