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Ncis Assignment of Indemnity Form

Ncis Assignment of Indemnity Form

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Instructions and help about assignment of indemnity form

[Music] hi my name is Susan Colmes and I'm an insurance broker for comes and Company what is the meaning of Indemnity insurance in Indemnity by definition means to be made whole so with Indemnity insurance it's typically making somebody whole so you know in regards to health insurance you know if you have you know say doctor's fees and surgery fees and hospitalization fees and you have X number of dollars that you're paying out of pocket you know with the indemnity plan they'll make you whole so you might have a deductible that has to be satisfied first or you know maybe some co-pays it's typically a deductible though so you might have to pay you know $2,000 out of pocket and then the insurance will make you whole so if you get say a $10,000 bill you pay that first 2,000 bucks out of pocket and then the insurance is going to pay you the rest of the eight grand so that they make you whole so you know a lot of the indemnity plans are are fe

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