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.
hospital indemnity. A type of coverage that does not take into account the actual amount of expenses incurred through a hospital stay or other care provided by a hospital. This coverage pays out on a regular basis, for example, weekly or monthly.