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.

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Eric's career includes extensive work in both public and corporate accounting with ...

Advertising disclosure: When you use our links to explore or buy products we may earn a fee, but that in no way affects our editorial independence. Indemnity insurance is a policy that reimburses ...

Hospital indemnity insurance pays you cash when you're in the hospital. Find Cheap Health Insurance Quotes in Your Area You can use the money from a hospital indemnity plan to pay for things your ...

Les Masterson is a deputy editor and insurance analyst at Forbes Advisor. He has been a journalist, reporter, editor and content creator for more than 25 years. He has covered insurance for a decade, ...

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 ...

Gregory Jaske, a partner at Olshan Frome Wolosky, provides helpful tips on how businesses can minimize risk by limiting indemnity obligations, outlining common pitfalls to avoid, and offers strategies ...

Global Indemnity Group, LLC (NYSE:GBLI), a Delaware-based insurance company with a market capitalization of $472 million, has announced the departure of Stephen W. Ries, the firm’s Senior Vice ...