Indemnity vs Protection - What's the difference?
indemnity | protection |
(legal) An obligation or duty upon an individual to incur the losses of another.
Repayment.
(legal) The right of an injured party to shift the loss onto the party responsible for the loss.
A principle of insurance which provides that when a loss occurs, the insured should be restored to the approximate financial condition occupied before the loss occurred, no better, no worse.
The process of keeping (something or someone) safe.
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*:But then I had the flintlock by me for protection . ΒΆ There were giants in the days when that gun was made; for surely no modern mortal could have held that mass of metal steady to his shoulder. The linen-press and a chest on the top of it formed, however, a very good gun-carriage; and, thus mounted, aim could be taken out of the window.
The state of being safe.
A means of keeping or remaining safe.
A means, such as a condom, of preventing pregnancy or sexually transmitted disease.
(lb) Coverage.
Immunity from harm obtained by illegal payments, as bribery or extortion.
(lb) Restrictions on foreign competitors which limit their ability to compete with domestic producers of goods or services.
(lb) An instance of a security token associated with a resource (such as a file).