Noun
Security; insurance; exemption from loss or damage, past or to come; immunity from penalty, or the punishment of past offenses; amnesty.
Indemnification, compensation, or remuneration for loss, damage, or injury sustained.
Source: Webster's dictionaryIndemnity for the past and security for the future. Bertrand Russell
To renounce liberty is to renounce being a man, to surrender the rights of humanity and even its duties. For he who renounces everything no indemnity is possible. Such a renunciation is incompatible with man's nature; to remove all liberty from his will is to remove all morality from his acts. Jean-Jacques Rousseau
Above the primary insurance or self-insured retention, the insured may have one or more layers of excess insurance to provide coverage additional limits of indemnity protection. Source: Internet
About this time the Persians made a semi-secret agreement to remain neutral in exchange for the cancellation of the indemnity from the previous war. Source: Internet
Accordingly, life insurance is generally not considered to be indemnity insurance, but rather "contingent" insurance (i. Source: Internet
After some internal dispute—Blaine wanted conciliation with Italy, Harrison was reluctant to admit fault—the United States agreed to pay an indemnity of $25,000, and normal diplomatic relations resumed. Source: Internet