How to Spell Indemnitee?

An indemnitee is a person or organization that receives indemnity—protection or security against damage or loss, or compensation for damages or money spent.

What is the meaning of indemnitee?

The indemnitor, also called the indemnifier, or indemnifying party, is the person who is obligated to hold harmless the other party for its conduct, or another person's conduct. The indemnitee, also called the indemnified party, refers to the person who receives indemnification.

Who is the indemnitor and indemnitee?

There are two parties in an indemnity relationship – an indemnitor and an indemnitee. An indemnitor gives indemnity while the indemnitee receives indemnity. When a duty to indemnify is triggered, the indemnitor undertakes the obligation to cover the loss or damage that has been or might be incurred by the indemnitee.