Dictionary indemnify

WebNATIONAL UNION FIRE INSURANCE COMPANY OF PITTSBURGH, PA, AND STARR INDEMNITY & LIABILITY INSURANCE COMPANY; from Harris County; 1st Court of Appeals District (01-19-00852-CV, 658 SW3d 305, 09-21-21) ... The umbrella policy’s definition of “Scheduled Underlying Insurance” includes National Union’s primary policy … WebTừ điển dictionary4it.com. Qua bài viết này chúng tôi mong bạn sẽ hiểu được định nghĩa protection & Indemnity (P&I) là gì.Mỗi ngày chúng tôi đều cập nhật từ mới, hiện tại đây là bộ từ điển đang trong quá trình phát triển cho nên nên số lượng từ hạn chế và thiếu các tính năng ví dụ như lưu từ vựng, phiên ...

Indemnified - definition of indemnified by The Free Dictionary

WebAug 27, 2015 · To indemnify means to compensate another party for losses or damages that have occurred, or which may occur in the future. It is a common practice for one party to … Webindemnify ( ɪnˈdɛmnɪˌfaɪ) vb ( tr) , -fies, -fying or -fied 1. (Law) to secure against future loss, damage, or liability; give security for; insure 2. to compensate for loss, injury, expense, … dfw to australia flights today https://wackerlycpa.com

Indemnification Definition & Meaning - Merriam-Webster

WebApr 12, 2024 · Indemnity is a comprehensive form of insurance compensation for damages or loss. In this type of arrangement, one party agrees to pay for potential losses or … Webindemnify verb [ T ] uk / ɪnˈdem.nɪ.faɪ / us / ɪnˈdem.nə.faɪ / finance & economics formal or specialized to pay or promise to pay someone an amount of money if they suffer damage or loss: In return for a premium, the underwriter agrees to indemnify the insured against losses covered by the insurance. WebMar 26, 2024 · indemnify in American English (ɪnˈdemnəˌfai) transitive verb Word forms: -fied, -fying 1. to compensate for damage or loss sustained, expense incurred, etc 2. to guard or secure against anticipated loss; give security against (future damage or liability) SYNONYMS 1. recompense, reimburse, repay. dfw to bangkok flight time

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Category:Indemnify definition and meaning Collins English Dictionary

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Dictionary indemnify

Insurance Definition & Meaning - Merriam-Webster

WebDec 27, 2024 · Indemnification is a legal agreement by one party to hold another party blameless – not liable – for potential losses or damages. It is similar to a liability waiver … WebFeb 27, 2024 · According to Black’s Law Dictionary (10 th ed. 2014), indemnity is a “duty to make good any loss, damage, or liability incurred by another.” At its core, an indemnification is a promise to reimburse a person for a loss incurred by that person. Often, the obligation to indemnify is limited to third party claims.

Dictionary indemnify

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WebThe meaning of INDEMNIFICATION is the action of indemnifying. that insurance company is known to be slow when processing claims for indemnification Webindemnify ( ɪnˈdɛmnɪˌfaɪ) vb ( tr) , -fies, -fying or -fied 1. (Law) to secure against future loss, damage, or liability; give security for; insure 2. to compensate for loss, injury, expense, etc; reimburse inˌdemnifiˈcation n inˈdemniˌfier n

Webto protect someone against legal responsibility for their actions: He cannot sue, because the government had indemnified the company. The state is required to indemnify … WebTo indemnify is to insure someone against potential damages or loss or to compensate someone for damages or money spent. Insurance coverage ind e mnifies a person by …

WebIndemnify. To compensate for loss or damage; to provide security for financial reimbursement to an individual in case of a specified loss incurred by the person. … Webindemnified; indemnifying 1 : to insure or protect against loss, damage, or injury 2 : to give something in order to make up for loss, damage, or injury indemnify victims of a disaster indemnification -ˌdem-nə-fə-ˈkā-shən …

WebApr 13, 2024 · Definition of INDEMNIFY-----Susan Miller (2024, March 8.) What is Indemnify definition? www.language.foundation© 2024 Proficiency in English Language...

WebTo pay compensation for a loss, damages, or similar expense is to indemnify. "The insurance company indemnified its customers for their claims after the severe storm — … chy thermometerWebJul 15, 2024 · An “ indemnitee ” is the person or business that receives indemnity from another party, called the indemnifier, in a written agreement called an indemnity contract. An insurance contract is a type of indemnity contract. dfw to bangalore flightsWebIndemnity As Applied to Insurance Claims. A common example of indemnification happens with regard to insurance transactions. This often happens when an insurance company, … chythegreatest movieWebAn indemnitee is a person or organization that receives indemnity —protection or security against damage or loss, or compensation for damages or money spent. Insurance … dfw to banff flight timeWebIndemnity. Recompense for loss, damage, or injuries; restitution or reimbursement. An indemnity contract arises when one individual takes on the obligation to pay for any loss … dfw to bcnWebIndemnity is protection or security against damage or loss, or compensation for damages or money spent. Insurance coverage provides indemnity to a person (or organization) by … dfw to bdl flight statusWebMar 26, 2024 · indemnify in American English (ɪnˈdemnəˌfai) transitive verb Word forms: -fied, -fying 1. to compensate for damage or loss sustained, expense incurred, etc 2. to … dfw to basel