indemnifier
/ɪnˈdɛmnɪfaɪər/
noun
- A person or organization that agrees to pay for losses or damages suffered by another party, often through an insurance policy or contract.
- The rental agreement named the car owner as the indemnifier for any accident damage.
- The insurance company acted as the indemnifier, covering all repair costs after the storm.
- As the indemnifier, the contractor promised to pay for any injuries on the construction site.
Antonyms