Answer: indemnity
Explanation: Indemnity is a legal obligation by one side (indemnifier) to make up for the loss to the other side (indemnity holder) as a consequence of the actions of the indemnifier or another person.
Generally, but not always, the requirement to indemnify is synonymous with the contractual obligation to "keep harmless" or "protect harmless."
Indemnities lay the foundation of several insurance policies; for example, various types of insurance might be obtained by a vehicle owner as compensation for various types of injury resulting from car services, such as damage to the vehicle itself, or medical costs due to an accident.
