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.
indemnity. 1  protection or security against damage or loss. 2  compensation for damage or loss sustained. 3  something paid by way of such compensation. 4  protection, as by insurance, from liabilities or penalties incurred by one's actions.