Indemnity

What is Indemnity?

Indemnity definition and meaning on Dictionary terms:
noun, plural in

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indemnity

What is indemnity?

indemnity is Health insurance benefits provided in the form of cash payments rather than services. An indemnity insurance contract usually defines the maximum amounts which will be paid for covered services.

 

source: A GLOSSARY OF TERMS FOR COMMUNITY HEALTH CARE AND SERVICES FOR OLDER PERSONS. World Health Organization, 2004.

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