Business and Personal Finance Dictionary

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 

• INDEMNITY INSURANCE
  
  An indemnity insurance plan pays up to a fixed amount when you make a claim. The premiums on health insurance indemnity plans may be lower than on other plans, but the fixed payments may cover only a fraction of your medical bills. Most advisers suggest that indemnity plans should not be considered substitutes for more comprehensive health insurance.
  
  Back