Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Khadija Khartit is a strategy, investment, and funding expert, and an educator of fintech ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Eric's career includes extensive work in both public and corporate accounting with ...

Indemnity insurance is a foundational component of modern risk management strategies, protecting individuals and organizations against the financial consequences of liability. This form of insurance ...

Hospital indemnity insurance pays you cash when you're in the hospital. Find Cheap Health Insurance Quotes in Your Area You can use the money from a hospital indemnity plan to pay for things your ...

According to Black's Law Dictionary, indemnity is "a duty to make good any loss, damage, or liability incurred by another." It's possible to limit the scope of that duty during contract negotiations.

Indemnification of the policyholder is a core principle of the property insurance industry. A similar principle holds that the policyholder shall be “made whole” but not put in a better position than ...

When parties contractually agree to support their mutual indemnity obligations with a "minimum" amount of insurance, their indemnity obligations may not be limited to the "minimum" amount stated in ...

In everyday language, Indemnity is equivalent to money paid to cover actual damage caused by accidents, theft, legal claims, professional mistakes or other covered events.

Whether you know it or not, the Uniform Commercial Code imposes a warranty of non-infringement on every product you as a product manufacturer sells. Essentially, the law requires to you to guarantee ...