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The phrase "as indemnification" is correct and usable in written English.
It can be used in legal or financial contexts to refer to compensation or reimbursement for loss or damage.
Example: "The company agreed to provide financial support as indemnification for any losses incurred during the project."
Alternatives: "as compensation" or "as reimbursement".
Exact(4)
In 1946, remarkably, Japanese companies became "double winners" by receiving generous payments from state coffers as indemnification for costs incurred through their use of Chinese workers.
Even Amtrak officials could not say how much the arrangement, known as indemnification, has cost the railroad, which needed $1.2 billion in government subsidies this year to stay afloat.
Advancement is a crucial protection for corporate employees because they often do not have the resources to pay the lawyers out of their own pocket on the hope that the company will reimburse them later, known as indemnification.
Eric Mar, a member of the city's Board of Supervisors, even went so far as to say that the tax would serve as indemnification for the "downside of the technology boom," according to The New York Times.
Similar(56)
The court interpreted the fraud carve-out in the agreement as eliminating indemnification as the exclusive remedy for any fraud claims that could be made, but not as broadening the basis on which the non-reliance provision permitted a fraud claim to be brought.
Men used to try to escape suffering, but in the second half of this century we've learned to appreciate it as an indemnification of guilt.
There is probably not a man within the United States aiming at profit only, who would have trusted his money on such a security; or who would not at least have exacted an interest of 20, 30, or 40perCentt, as an indemnification for the fallen State of public credit.
Now, Salcedo, 65, is getting a crash course in terms such as discovery, indemnification and summary judgment, and faces a potential penalty of $4,000.
And he called for the government to set up manufacturing and indemnification agreements as well as an expedited review process for drugs made by pharmaceutical companies.
They showed examples of how the logic of contract structure, the actors involved, and clauses such as contract duration and indemnification can be visualized, as well as explaining why this should be done.
Two former Qwest executives have asked a federal judge to reject a $400 million proposed settlement of shareholder lawsuits stemming from an accounting scandal, saying it would bar them from seeking indemnification as they work to settle the claims.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com