fully indemnified definition
fully indemnified. ’ means, in relation to a person—
fully indemnified means that you must not only have been compensated for all losses covered by the insurance policy, but you must also have been indemnified for your deductible, losses in excess of policy limits, and any losses that were not covered by the policy.
fully indemnified fully indemnified from and against all actions, reasonable costs, claims, damages, demands, expenses, liabilities, losses and proceedings directly suffered or incurred but not including any consequential losses or damages;
More Definitions of fully indemnified
fully indemnified means fully indemnified from and against all costs, claims, demands, expenses, liabilities, losses and proceedings in respect of the matter or action concerned, and related expressions shall be construed accordingly.
fully indemnified means fully indemnified against all costs, demands, expenses and proceedings in respect of the matter concerned.