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Installment due by the insurer to repair damage resulting from a situation covered by the policy. The indemnity can be:

  • The repair of an asset (for example, the repair of an automobile);
  • The replacement of one good with another or the payment of its value in cash;
  • An amount defined in the contract (for example, an amount for each day that it was not possible to use the car);
  • An income or pension.
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