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What is the definition of indemnity? the amount you pay each year to the insurance company having a financial stake in the risk being insured restoring the person to the financial position he or she had
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What is the definition of indemnity? the amount you pay each year to the insurance company having a financial stake in the risk being insured restoring the person to the financial position he or she had before the loss

User Anurag Prashant
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indemnity is the security or protection against a loss or other financial collapse.
User Joey Dumont
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