What's the difference between Reimbursement and indemnity?

1. 

   dhrove
   

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   Joined: Jun '09
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   Posted 2 years ago #
2. 

   Pooja
   

   member
   Joined: Jun '09
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   Under the indemnity, once you are eligible to receive benefits, the company will pay you the amount specified in the policy, regardless of the cost of service. Under the reimbursement method, the insurer will pay all or a portion of the actual expenses you incur, up to the maximum stated in the policy.

   Posted 2 years ago #

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