Harder than emerald, ruby, or sapphire and more brilliant than diamond, moissanite is a gemstone unlike any other.
DEFINITION of 'Indemnity Insurance'. An insurance policy that aims to protect business owners and employees when they are found to be at fault for a specific event such as misjudgment.ndemnity insurance is an insurance policy that protects business owners and employees from losses due to failure to deliver expected services.
Professional indemnity insurance, also known as PI insurance, is a type of liability cover designed to protect an individual or business against claims made by clients for loss or damage due to negligent advice or services.s well as cover for compensation, this type of insurance is designed to cover legal fees and costs (either exclusive or inclusive basis over the insured sum-you'll need to check). The most common professional liability lawsuits arise from: 1  Negligence, omission or error.