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 法律翻译Jian,毕业于新加坡知名法学院,专注翻译各类与证券诉讼有关的法律文件。