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Indemnity in insurance: What does it mean? How it works, and why it matters – explained
In everyday language, Indemnity is equivalent to money paid to cover actual damage caused by accidents, theft, legal claims, professional mistakes or other covered events.
As outlined previously, in late March 2024, the Biden Administration released final regulations setting new standards for short-term, limited duration health insurance (STLDI) and requiring expanded ...
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