Using Indemnity in Example Sentences: A Comprehensive Guide

Disclaimer: This content is provided for informational purposes only and does not intend to substitute financial, educational, health, nutritional, medical, legal, etc advice provided by a professional.

Using Indemnity in Example Sentences: A Comprehensive Guide

Welcome to our guide on using indemnity in example sentences! In this article, we will explore the meaning of indemnity, provide synonyms, examine its usage in various contexts, and present a wide range of example sentences to help you understand how to use this word correctly.

What is Indemnity?

Indemnity, as a noun, refers to security against hurt, loss, or damage. It is a form of protection or compensation provided to mitigate potential risks or liabilities. The concept of indemnity is widely used in different fields, including insurance, law, and finance.

Synonyms for Indemnity

Some synonyms for indemnity include compensation, reparation, remuneration, restitution, and redress. These words have similar meanings and can be used interchangeably in certain contexts.

Examples of Indemnity in a Sentence

Let's take a look at some example sentences that demonstrate the usage of indemnity:

  • The insurance policy offers full indemnity for any damages caused by natural disasters.
  • The contract includes an indemnity clause to protect the company from any legal liabilities.
  • As a gesture of goodwill, the company provided financial indemnity to customers affected by the product recall.
  • The government agreed to grant indemnity to whistleblowers who provided crucial information on corruption cases.

Indemnity: Word History

The word 'indemnity' has its roots in Latin, deriving from the word 'indemnis,' which means 'unhurt' or 'without loss.' Over time, the term evolved to encompass the broader concept of protection and compensation against harm or damage.

Phrases Containing Indemnity

There are several common phrases that include the word 'indemnity,' such as:

  • Indemnity agreement
  • Indemnity bond
  • Indemnity insurance
  • Indemnity clause
  • Indemnity contract
  • Indemnity payment

How to Use Indemnity in a Sentence

Using indemnity in a sentence is fairly straightforward. You can incorporate it when discussing insurance policies, legal contracts, financial agreements, or any situation where protection or compensation against potential harm or loss is involved.

Indemnify: The Verb Form of Indemnity

'Indemnify' is the verb form of indemnity. It means to secure against hurt, loss, or damage. Let's explore some example sentences that illustrate the usage of indemnify:

  • The insurance company agreed to indemnify the policyholder for the damages caused by the accident.
  • The contractor is obligated to indemnify the client against any claims arising from the construction project.
  • The company's legal team worked diligently to indemnify the organization from potential lawsuits.

Using Indemnify in a Sentence

When using 'indemnify' in a sentence, it is important to ensure that the context reflects the act of securing or compensating against harm, loss, or damage. This verb is commonly used in legal, financial, and insurance-related discussions.

Conclusion

In conclusion, indemnity is a valuable concept that provides security and compensation against hurt, loss, or damage. Whether used as a noun or a verb, it plays a crucial role in various fields, including insurance, law, and finance. By incorporating the examples and insights provided in this article, you can confidently use indemnity in example sentences.

Disclaimer: This content is provided for informational purposes only and does not intend to substitute financial, educational, health, nutritional, medical, legal, etc advice provided by a professional.