What is indemnity and why is it important

Indemnity is an important element of contracts because it is designed to punish a party who breaches the contract. Learn about the different types of indemnity and why they're essential.

This article is for informational purposes. This content is not legal advice, it is the expression of the author and has not been evaluated by LegalZoom for accuracy or changes in the law.

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updated December 4, 2023 · 3min read


Tami Kamin Meyer

by Tami Kamin Meyer

While Tami Kamin Meyer just celebrated 30 years of practicing law, she has been freelance writing and editing longer ...

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