indemnify

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Related to indemnifier: indemnitee, indemnitor

indemnify

[indem′nifī]
to protect against loss or injury by compensating for the loss or injury.

indemnify

verb To make good a loss.

indemnify

(ĭn-dĕm′nĭ-fī″) [L. indemnis, without loss]
1. To protect the interests of another party against losses.
2. To compensate another party for expenses incurred, as when a policy holder is indemnified by an insurance company.
References in periodicals archive ?
A non-profit mutual indemnifier is not burdened with having to secure a profit for shareholders, as there are no shareholders.
It has among the strongest financial reserves of any health care indemnifier globally, with assets available to meet claims and other costs standing at R16.
Obviously the plaintiffs stand a better chance of collecting from insurers, since the doctors have presumably lost their jobs and one is said to have left the country, but it also shifts the expense away from the culpable parties to their indemnifiers, who will then pass on the cost to their other clients.
440) Neither prosecutors nor their indemnifiers can claim such reliance, as Imbler never provided prosecutors total immunity and Buckley further eroded any assumption that prosecutors are untouchable.