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What is Waiver of Counter Indemnity?

April 26, 2017counter indemnity waiver

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What is Waiver of Counter Indemnity?

1 Answer

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The waiver of counter indemnity option limits your $5,000 bond liability to $250 if the breach of the bond is not due to your negligence or fault. It is an optional feature with additional premium payable under the Foreign Maid Insurance Plan.