insurance  insurance


 What is Indemnification? 

Insurance policies are contracts of indemnity. Well just what is indemnification? The word "Indemnify" is defined as to secure against loss, damage, or hurt or to compensate for loss, damage or hurt. Therefore, in insurance, a policy insures that the insurer will indemnify the insured against specific loss, damage, or hurt. This policy may cover all sorts of loss including loss of life, loss or damage of property such as house or car, and more.


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Please Note: THIS IS NOT PROFESSIONAL ADVICE. If you need specific advice please seek a professional who is licensed or knowledgeable in that area.  Please note that we are not insurance experts or lawyers. We accept no liabilty and claim no validity for the information on this site. Information on this site may not be accurate.  Insurance customers should always consult their insurance company and/or agent as well as their lawyer to get a good understanding of coverage and other legal questions/concerns about their insurance policy or any policy they intend to buy.

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