The word "indemnification" is correct and usable in written English.
It is typically used in legal and financial contexts to refer to compensation for harm or loss.
Example: "The contract includes a clause for indemnification in case of any damages incurred during the project."
Alternatives: "Compensation" or "Reimbursement."
This indemnification is subject to regular renewal, however, and is due to expire at the end of the year.Then there is the question of vehicle certification.
Larger rockets launched in the United States benefit from federal indemnification that limits their exposure in the event of a truly catastrophic accident.
It extended a law limiting owner liability in case of accidents and, for the first few new reactors, offered $18 billion in loan guarantees, $2 billion in indemnification against cost overruns and $1 billion in tax breaks.
These indemnification agreements throw liability for due-diligence failures back on to the company issuing the shares or bonds, making a nonsense of an underwriter's gatekeeping role.
If he gets his way, TEPCO will become little more than a state-supervised indemnification mechanism.
Nor did personal assistants enjoy most of the rights and benefits granted to full-fledged state employees, such as health insurance, paid vacations, retirement benefits, indemnification for actions taken during the course of employment, and protection under the Illinois Whistleblower Act.
Some small indemnification has been made to property owners whose holdings lay in former German territories now outside the country.
Benefits may include indemnification for lost wages in addition to medical treatment.
In addition, the U.S.-based censor-free Radio Martí continued to broadcast, and U.S. claims and Cuban counterclaims for indemnification remained unsettled.
Le Monde opened up by stating that France is thinking that the Suez crisis has acutely worsened her Algerian situation...and is also thinking, of course, about eventual indemnification for her Suez stockholders; that England is thinking about her oil lifeline & the menaced remnants of her Near East influence.
("Company Y" has already billed the C.I.A. $1.1 million dollars as part of an "indemnification" agreement that pays its legal expenses related to the program through 2021).
