In this case, the person borrowing the car or power tool can protect themselves with a letter of indemnity. This would typically mean a third party, such as an insurance firm, takes financial ...

They generally take the form of a letter of indemnity. Indemnity insurance is a type of insurance policy where the insurance company guarantees compensation for losses or damages sustained by a ...

these types of claims are often covered by a little understood title insurance indemnity agreement commonly known as a closing protection letter or insured closing letter. The closing protection ...

The facts in this case were as follows. The owner should not accept a letter of indemnity unless this was given by a recognised bank The charterer Mark Man (UK) purchased and shipped a consignment ...

Professional indemnity insurance covers lawsuits brought by clients against professionals who may have given negligent advice or service. This article will explain what professional indemnity ...