indemnity

noun

Save Word

in·dem·ni·ty | \ in-ˈdem-nə-tē

plural indemnities

Definition of indemnity

1a : security against hurt, loss, or damage

b : exemption from incurred penalties or liabilities

2a : indemnification sense 1

b : something that indemnifies

3 : fee-for-service —usually used attributively an indemnity plan

Synonyms Example Sentences Learn More about indemnity

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Examples of indemnity in a Sentence

an agreement providing indemnity against prosecution has paid $2 million in indemnities

Recent Examples on the Web The Hartford had denied its coverage obligations under the policies, including coverage for defense costs and indemnity payments associated with the lawsuits, the Boy Scouts of America said. — Stephen Singer, courant.com, "The Hartford agrees to pay $650 million to settle insurance claims by the Boy Scouts over sexual abuse," 16 Apr. 2021 Only those companies who sold at cost would be granted the indemnity protections. — Jack Nasher, Forbes, "The International Race for Vaccines - A Negotiator’s Notebook," 1 Mar. 2021 Though the process faced by the U.S. and others was far from simple, COVAX had to grind its way through a far more complex web of regulatory systems and indemnity agreements on national and multilateral levels. — NBC News, "COVAX: Why Biden's billions won't fix Covid vaccine inequality worldwide," 26 Feb. 2021 In 1825, France imposed a hundred-and-fifty-million-franc indemnity on Haiti, under threat of war, forcing the nation to borrow money from a French bank at extortionate rates in order to compensate former slaveholders. — Lauren Collins, The New Yorker, "The Haitian Revolution and the Hole in French High-School History," 3 Dec. 2020 Others are working to meet needs the pandemic has spotlighted with such benefits as critical illness insurance, hospital indemnity and more robust telemedicine offerings, these people say. — Julia Carpenter, WSJ, "Employers Craft Health Benefits to Cushion Covid-19 Shock," 12 Nov. 2020 Almost unbelievably, the new indemnity provision would weaken OSHA’s already underwhelming Covid response—and in legislative language that would persist after the Trump administration was no longer running the agency. — Timothy Noah, The New Republic, "The Media’s Both-Sides Brigade Is Wrong About the Covid-19 Stimulus Deal," 17 Oct. 2020 In the emails, King wrote the agreement would afford the outside agencies indemnity. — oregonlive, "Mayor Ted Wheeler’s office requested protest police help from Washington agencies under Oregon-specific agreement," 3 Oct. 2020 Workers’ compensation indemnity claims had been filed in every county, with the exception of DeSoto County, according to the data. — Christine Sexton, sun-sentinel.com, "Thousands of Florida worker comp COVID claims have been rejected. Most came from people on the front lines.," 28 Aug. 2020

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'indemnity.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.