I believe to indemnify means to hold harmless in the event of a problem.
Ans.
Actually almost the opposite...it means you will be responsible for and pay for the damages or hurt/costs suffered.
It...
Under the NAFTA agreement, the US government indemnifies part of any private investment in Mexico.You should normally not buy land unless a title insurance company indemnifies you against potential...
It is a legal term which covers who pays for what in the event of litigation. In a construction contract setting, generally, the owner will require the contractor to indemnify, defend and hold them...