Discover what a period of indemnity is in insurance, how it impacts business interruption claims, and examples of extended indemnity coverage in policies.
If you’ve heard of the term indemnity, you may be wondering, “what is indemnity insurance?” Indemnity is an agreement between two parties in which one party is responsible for compensating another for ...
In everyday language, Indemnity is equivalent to money paid to cover actual damage caused by accidents, theft, legal claims, ...
What is Professional Indemnity insurance? Professional indemnity insurance protects your business from financially crippling and often reputation-damaging claims by dissatisfied clients. Even the most ...
In the field of insurance, the principle of indemnity is to restore the insured to the same financial condition as before a loss. With workers' comp, indemnity describes payments made to an injured or ...
LAKELAND, Fla.--(BUSINESS WIRE)--Summit, a leading regional provider of workers’ compensation insurance services, announces the addition of Bridgefield Indemnity Insurance Company to its carrier ...
Every now and again, I have to remind myself — or be reminded by a client — that not everyone speaks “law.” What are familiar terms to lawyers aren’t necessarily so to those in other walks of life. I ...
OMAHA, Neb.--(BUSINESS WIRE)--Mutual of Omaha has launched a new hospital indemnity product that enhances its employer-provided benefits packages. Hospital indemnity insurance can help fill the gaps ...
Growth has returned in recent quarters for Global Indemnity, as core business expansion exceeded legacy segment drag. Read why GBLI stock is a Strong Buy.
Although premium hikes for auto insurance and indemnity health insurance are set for 2026, the insurance sector remains ...