Harder than emerald, ruby, or sapphire and more brilliant than diamond, moissanite is a gemstone unlike any other.
DEFINITION of 'Indemnity Insurance'. An insurance policy that aims to protect business owners and employees when they are found to be at fault for a specific event such as misjudgment.ndemnity insurance is an insurance policy that protects business owners and employees from losses due to failure to deliver expected services.
An indemnity is a contractual clause providing that one party will insure the other party against losses arising out of a particular event or events. First, it specifies whether the limitations of liability in the contract apply in the case of a claim under an indemnity clause.