Indemnity

Difference Between Indemnity and Compensation
Indemnity refers to a form of exemption from and/or security against certain losses, liabilities or penalties. ... Compensation is a form of relief gi...
Difference Between Indemnity and Damages
Indemnity can be claimed for loss arising out of the action of a third party to a contract, whereas damages can only be claimed for loss arising out o...
Difference Between Insurance and Indemnity
The main difference between indemnification and insurance is that the former represents the process of transferring loss responsibility within a contr...
Difference Between Liability and Indemnity
The difference between public liability and professional indemnity insurance is that public liability is tailored for claims by members of the public ...
Difference Between Indemnity and Guarantee
The key differences between guarantees and indemnities include: a guarantee is a secondary liability, which means that there will be another person wh...