indemnity in Indonesian
indemnity in Indonesian is indemnitas — indemnity means protection against loss or damage, or compensation paid for such loss.
indemnity in Indonesian
indemnitas
(insurance) A principle of insurance which provides that when a loss occurs, the insured should be restored to the approximate financial condition occupied before the loss occurred, no better, no worse.
What does "indemnity" mean?
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noun Protection against loss or damage, or compensation paid for such loss.
"The insurance policy provides indemnity against fire damage."
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indemnity in a sentence
- The insurance policy provides indemnity against fire damage.
- The company paid an indemnity to workers injured on the job.
Similar words in Indonesian
Common Indonesian translations
Frequently asked questions
What is "indemnity" in Indonesian?
"indemnity" in Indonesian is indemnitas. indemnity means: Protection against loss or damage, or compensation paid for such loss.
How do you use "indemnity" in a sentence?
Example: "The insurance policy provides indemnity against fire damage." In Indonesian, "indemnity" is indemnitas.
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