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View definitions for indemnity

indemnity

noun as in reimbursement

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Example Sentences

During the pandemic, the government granted vaccine manufacturers legal indemnity.

From BBC

They argue CalGEM’s determination means CRC must obtain, at most, a $30-million indemnity bond — an agreement in which a financial backer assumes responsibility for plugging the wells if CRC files for bankruptcy.

Plus there is the cost of personal indemnity insurance - just under £700 a year - to protect her in case she is sued for medical negligence.

From BBC

Under the so-called indemnity program, farms would receive up to $28,000 to protect workers and cover costs incurred treating and testing sick cows.

Arizona-based American Reliable and its parent company, Pennsylvania-based Global Indemnity Group, did not respond to requests for comment.

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From Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.

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