Fully indemnified
WebApr 23, 2024 · The duty to indemnify is only engaged when the claimant’s allegations are proven at trial. Accordingly, an insurer only has a duty to indemnify for settlement or judgment amounts that fall within the … Webindemnify. v. to guarantee against any loss which another might suffer. Example: two parties settle a dispute over a contract, and one of them may agree to pay any claims which may …
Fully indemnified
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WebIt follows from this objective to fully indemnify that assureds are also not to receive an indemnity which is not sufficient to return them to this position. Ideally, the assured is hence not to be made any worse or better off by … WebThe meaning of INDEMNIFY is to secure against hurt, loss, or damage. How to use indemnify in a sentence. Synonym Discussion of Indemnify.
WebTranslations in context of "该等条款和条件" in Chinese-English from Reverso Context: 的内容仅用于个人非商业用途,并仅按照该等条款和条件使用。 WebMy study reveals that police officers are virtually always indemnified: During the study period, governments paid approximately 99.98% of the dollars that plaintiffs recovered in …
WebSep 14, 2016 · Methods Of Providing Indemnity To Insurance Contract. First Loss Insurance is a type of policy where the sum-insured is deliberately restricted to a sum lesser than … WebCustomer Indemnity. Customer shall indemnify, defend and hold harmless Service Provider against any third party claims and/or fines that are based on: (i) Customer’s use of the Services to the extent in violation of the Usage Restrictions as stated in section 5.1 above; (ii) Customer`s breach of an applicable data protection law; or ( iii ...
WebTo indemnify is to insure someone against potential damages or loss or to compensate someone for damages or money spent. Insurance coverage ind e mnifies a person by …
Webto protect someone against legal responsibility for their actions: He cannot sue, because the government had indemnified the company. The state is required to indemnify … microsoft onenote erste schritteWebApr 2, 2024 · An indemnity requires a commitment from one party (the indemnifier) to pay for the financial loss incurred by another party (the indemnified party) where a pre-agreed event occurs or does not occur. An example of an indemnity clause could be: “Party A agrees and undertakes to fully indemnify and hold Party B and its shareholders, directors ... how to create a pdf that can be editedWebIndemnify definition, to compensate for damage or loss sustained, expense incurred, etc. See more. how to create a pdf that you can fill inWebDec 12, 1990 · Negotiation tip: The North Carolina Attorney General is charged with representing all state agencies and institutions (N.C.G.S. § 114-2 (2)). For any state agency or institution to employ private counsel, it must obtain the prior written approval of the Attorney General (N.C.G.S. § 114-2.3 (a)). how to create a pdf stampWebApr 11, 2024 · Since we started underwriting in late 2016, Insureds have received payments of more than USD 500 million in indemnified loss under policies issued by Euclid. Our Claims Team We believe we have the largest dedicated claims team in the transactional insurance industry, with 20 full-time professionals: how to create a pdf to jpegWebfully insured: [adjective] having at age 65 or at death at least one quarter of coverage for each two calendar quarters since December 31, 1950, or since reaching age 21, … how to create a pdf using apexWebIndemnification, also referred to as indemnity, is an undertaking by one party (the indemnifying party) to compensate the other party (the indemnified party) for certain costs and expenses, typically stemming from third-party claims. Indemnification can also cover direct claims, which are claims or causes of action that one contracting party ... how to create a pdf using html