indemnity principleglossary / INDEMNITY PRINCIPLE indemnity principle. Insurance. The doctrine that an insurance policy should not confer a benefit greater in value than the loss suffered by the insured. [Cases: Insurance 2104.] 词条贡献者 译者Jenna,毕业于法国顶尖的高级翻译学院,擅长翻译有关互联网与电子商务领域的法律文件。