Principle Of Indemnification

Principle Of Indemnification,

How To Define Principle Of Indemnification?

  1. Meaning of Principle Of Indemnification: The defining feature of insurance, which states that the loss will be reimbursed by paying the loss and the policyholder will be brought back to the place where he was financially before the loss, without any loss and Nor to impose a fine on him.

Literal Meanings of Principle Of Indemnification

Principle:

Meanings of Principle:
  1. A basic truth or statement that serves as the basis of a system of belief or practice or chain of reasoning.

  2. General scientific theories or laws that have many special uses in a wide field.

  3. The source or basic basis of something.

Sentences of Principle
  1. Fundamentals of Christianity

  2. Physics is very useful here because the ability to draw interesting conclusions from general principles is found earlier in physics than in other sciences.

Synonyms of Principle

truth, proposition, concept, postulate, idea, theory

Of:

Meanings of Of:
  1. It shows the relationship between the part and the whole.

  2. Indicates the relationship between scale or size and value.

  3. Refers to the relationship between two organizations, usually the organization of the association.

  4. It shows the relationship between the address and the reference point.

  5. Describe the relationship between a general category or type and the specific category that falls into that category.

  6. After a noun that comes from or is related to a verb.

  7. Identify the component or substance that makes the difference.

  8. Express the hour for the next hour.

Sentences of Of
  1. 5% increase

  2. North of Chicago

  3. Nice to meet you

  4. In New York, only a quarter to three

Synonyms of Of

made by, carried out by, by, done by, caused by, from, in, of

Indemnification:

Meanings of Indemnification:
  1. Compensation for any loss or damage.

Principle Of Indemnification,

What is The Definition of Principle Of Indemnification?

  • Principle Of Indemnification refers to The defining feature of insurance, as long as the payment of the claim satisfies the claim and returns the policyholder where the finances were before the claim, without reward or punishment for the damage done.

Literal Meanings of Principle Of Indemnification

Principle:

Meanings of Principle:
  1. A basic truth or statement that serves as the basis of a belief system or practice or line of reasoning.

  2. A general scientific phrase or law that has many specific uses in a wide field.

  3. The source or basis of something.

Sentences of Principle
  1. The first principle of everything is water.

Synonyms of Principle

fundamental, essence, basis, assumption, philosophy, essential

Of:

Meanings of Of:
  1. Expresses the relationship between part and whole.

  2. Indicates an affiliation between two entities, usually one of the affiliation, where the first is the header of the sentence and the second is the affiliation.

  3. Indicates the relationship between direction and reference point.

  4. Indicates the relationship between a general category or type and a particular item belonging to that category.

  5. Derived from a verb or after a related noun.

  6. Where the sentence header is a predictive adjective.

  7. The spelling ob is mixed with F before (as offensive).

Sentences of Of
  1. North of Watford

Indemnification:

Meanings of Indemnification:
  1. Compensation for loss or damage.

Sentences of Indemnification
  1. The plaintiffs seek compensation for the costs of litigation against the company.

Principle Of Indemnification,

Definition of Principle Of Indemnification:

  • The defining feature of insurance, which proves that the payment of the claim fulfills the claim and returns the insured to the place where it was financially before the claim, without rewarding or penalizing the insured for the claim. ۔

Literal Meanings of Principle Of Indemnification

Principle:

Meanings of Principle:
  1. A basic truth or statement that serves as the basis for a system of belief or practice or line of reasoning.

  2. A general scientific phrase or law that has many specific uses over a wide range.

Of:

Meanings of Of:
  1. Indicates an affiliation between two entities, usually an affiliation, where the first sentence has a header and the second has some affiliation to it.

  2. Derived from or after a noun related to a verb.

  3. Where the header is a predictive adjective.

  4. The spelling ob is merged before f (as is the case).

Sentences of Of
  1. It's like you ask.

Indemnification:

Sentences of Indemnification
  1. The plaintiff is seeking payment of attorney fees from the company.