Back to top

indemnity Insurance

Indemnity insurance typically means coverage offered by insurance companies and Blue Cross plans, whereby individual persons insured are indemnified through reimbursement by the carriers for their medical expenses. Payments may be made to the individual incurring the expense, or in many cases, directly to providers. The important point is that the indemnity relates only to a specific loss incurred by the insured person after the fact.
Credit

This term appears in

Movies