What Does Contract of Indemnity Mean?

Free Business Insurance Quote Click Here
What does Contract of Indemnity mean? Read on to discover the definition & meaning of the term Contract of Indemnity - to help you better understand the language used in insurance policies.

Contract of Indemnity

Contract of Indemnity

A contract of indemnity is a legal agreement between two parties in which one party agrees to pay another party for a loss or damage that meets certain criteria and conditions, barring certain specified circumstances.

We hope the you have a better understanding of the meaning of Contract of Indemnity.

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z


Free Business Insurance Quote Click Here