Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Could u pls explain me in detail what is indemnity insurance?

April 26, 2017Business explain Finance indemnity Insurance PLS

0

Posted

Could u pls explain me in detail what is indemnity insurance?

1 Answer

0

Posted

Indemnity insurance is risk protection for actions for which a business is liable. Insurance that a business carries to cover the possibility of loss from lawsuits in the event the business or its agents were found at fault when an action occurred.