Insurance by tradition provides a safety net for the survival of businesses and individuals in society. The significance of this role cannot be overemphasized. The sector’s contribution to the GDP has ...

Indemnity insurance is a foundational component of modern risk management strategies, protecting individuals and organizations against the financial consequences of liability. This form of insurance ...

Pooja Dave began her writing career in fiction before turning to financial journalism with an interest in personal finance and insurance topics. Drazen Zigic / Getty Images Carefully read and ...

Yes, they will be enforceable. In the case of life insurance policies, the principle of indemnity does not apply. The indemnity principle means that the policy payout should restore the insured to the ...

LONDON, England, March 15 (TNSrpt) -- The International Bar Association issued the following news release: The International Bar Association (IBA) Bar Issues Commission Policy Committee and the IBA ...

In everyday language, Indemnity is equivalent to money paid to cover actual damage caused by accidents, theft, legal claims, ...

Alexandra Twin has 15+ years of experience as an editor and writer, covering financial news for public and private companies. David Kindness is a Certified Public Accountant (CPA) and an expert in the ...

Indemnity obligations are par for the course in most mergers and acquisitions (M&As), domestic or cross-border. In India, indemnity obligations are recognised under contract laws and are enforceable ...