Indemnitee

{
  "id": "MLC-T-INS-001795",
  "term": "Indemnitee",
  "field": "Insurance and risk management",
  "definition": "The party who is protected against loss or damage and receives compensation under an indemnity agreement or insurance policy. This individual or entity is the beneficiary of the indemnification promise made by another party. In an insurance contract, the policyholder is typically the indemnitee, receiving payments from the insurer.",
  "url": "https://mlchart.com/terminology/insurance/indemnitee/"
}