Indemnify

usgb/ɪnˈdemnɪfaɪ/
verb

To guarantee a person against loss or damage; to provide financial protection.

The insurance policy will indemnify the holder against theft or damage.
Visual representation of "indemnify" - To guarantee a person against loss or damage; to provide financial protection.

Often appears as...

  • indemnify against loss
  • indemnify for damages
Definition 1 of 3
Visual representation of "indemnify"
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Insurance Context

Often used in insurance terms to describe coverage for specific incidents.

Illustration for Insurance Context
The policy will indemnify you if your car is stolen.
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Financial Safety

Implies protection against money loss with a sense of guarantee.

Illustration for Financial Safety
They offered to indemnify my expenses from the trip.
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Not Always Full

Indemnification might not cover all losses, but up to a certain limit.

Illustration for Not Always Full
We will indemnify up to the appraised value of the goods.
Visual representation of the word "Indemnify"

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