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  2. Indemnity - Wikipedia

    en.wikipedia.org/wiki/Indemnity

    When a contract is not negotiable (adhesion contract), the wording often lets the indemnitee decide what to spend on legal costs and bill the indemnitor. [29] Most clauses are quite broad. [29] [30] The following are examples of indemnity requirements from a range of businesses. The last one, Angie's List, limits issues to the user's fault, but ...

  3. Knock-for-knock agreement - Wikipedia

    en.wikipedia.org/wiki/Knock-for-knock_agreement

    Military Claims 'Knock for knock' is also used in a specific, analogous sense, for example, the following, cited in the "Law at War", from the US Army website : In addition to handling these routine matters, the chief of the Claims Section participated in the negotiations with the Korean government concerning the payment of foreign claims generated by troops of the Army of the Republic of ...

  4. Insurance policy - Wikipedia

    en.wikipedia.org/wiki/Insurance_policy

    The insurance policy is generally an integrated contract, meaning that it includes all forms associated with the agreement between the insured and insurer. [2]: 10 In some cases, however, supplementary writings such as letters sent after the final agreement can make the insurance policy a non-integrated contract.

  5. When Do You Need an Indemnity Bond? - AOL

    www.aol.com/finance/indemnity-bond-130033004.html

    Surety bonds are instruments that create a legal obligation for one party to pay another. An indemnity bond is a specific type of surety bond that's often used in situations where someone is ...

  6. Duty to defend - Wikipedia

    en.wikipedia.org/wiki/Duty_to_defend

    The duty to defend is a contractual indemnitor or liability insurer's duty to defend the insured or indemnified party against claims. It is generally broader than the duty to indemnify and may cover defense against claims where ultimately no damage is awarded, and possibly even against claims that would not be covered by the duty to indemnify. [1]

  7. Insurance - Wikipedia

    en.wikipedia.org/wiki/Insurance

    Accordingly, life insurance is generally not considered to be indemnity insurance, but rather "contingent" insurance (i.e., a claim arises on the occurrence of a specified event). There are generally three types of insurance contracts that seek to indemnify an insured: A "reimbursement" policy; A "pay on behalf" or "on behalf of policy" [30]

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