What is the definition of indemnity?

Mathematics

2 answers:

Lerok [7]2 years ago

8 0

Answer:

C. restoring the person to the financial position he or she had before the loss

Step-by-step explanation:

The definition of indemnity is - restoring the person to the financial position he or she had before the loss.

In general, indemnity refers to the protection against any financial loss. The indemnity also provides protection to the people insured in case of loss and damage. This also protects the insurers against any legal hassle that may occur.

Gemiola [76]2 years ago

4 0

<span>security or protection against a loss or other financial burden.
</span>

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