Question

Name the parties to the contract of indemnity.

Answer 1

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There are generally two parties in indemnity contracts. The person who promises to indemnify for a loss is the Indemnifier. On the other hand, the person whose losses the indemnifier promises to make good is the Indemnified. ... For example, in the earlier example, C is the Indemnifier and B is the Indemnity Holder.

Answer 2

Explanation:

The person who promises to indemnify for a loss is indemnifier. On other hand person who losses the indemnifier promises to make good is indemnified. We can also referred as indemnified party as indemnity holder.

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