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Indemnity in insurance: What does it mean? How it works, and why it matters – explained
In everyday language, Indemnity is equivalent to money paid to cover actual damage caused by accidents, theft, legal claims, ...
Discover what a period of indemnity is in insurance, how it impacts business interruption claims, and examples of extended indemnity coverage in policies.
Discover how to read and understand your insurance contract with ease. Learn key terms, principles, and tips to ensure you're ...
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