Moissanite is an exquisitely beautiful gemstone, and a good choice for an engagement ring. First, it's nearly as hard as diamond and will last a lifetime. Second, it has much more fire and brilliance then a diamond, which makes it an eye-catching stone that will light up a room.
Indemnity Bond Law and Legal Definition. An indemnity bond is a bond that is intended to reimburse the holder for any actual or claimed loss caused by the issuerâs conduct or another personâs conduct. An indemnity bond acts as coverage for loss of an obligee when a principal fails to perform according to the standards agreed upon between the obligee and the principal.
An indemnity agreement is one in which financial responsibility is decided. For example, a contract for medical insurance is an indemnity agreement.In it, the insurer agrees to pay certain medical costs as defined by the contract.Thus some financial responsibility for medical bills now belongs to the insurer.n indemnity agreement is one in which financial responsibility is decided. For example, a contract for medical insurance is an indemnity agreement.