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Actually obtaining adequate insurance cover at a reasonable price or a worthwhile contractual indemnity may be an entirely different matter.
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It is not always possible to rely on the paper protection of contractual indemnities (which may involve little practical prospect of recovery) so consider operational measures to mitigate risk and insurance to cover liabilities.
Our case studies show that the valuation process aims to identify worst- and best-case scenarios, while "we prepare for various scenarios by designing contingency plans, options, and contractual terms such as indemnity clauses and escrow accounts".
MCO structures ranged from decades-old not-for-profit group/staff model HMOs to contractual arrangements between traditional indemnity insurers and newly formed provider groups or individual providers.
An indemnity is a contractual obligation to compensate a party for a loss.
A recent contractual innovation, which links insurance payouts to realized weather rather than farmer indemnity, has spurred substantial research in the past decade.
Indemnity Ins.
Contractual obligation.
Hence its indemnity.
Meaning double indemnity.
"But not contractual ones".
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CEO of Professional Science Editing for Scientists @ prosciediting.com