n Annual Survey of South African Law - Insurance law

Volume 2007, Issue 1
  • ISSN : 0376-4605



The principal aim of an insurance contract, if it is one of indemnity, is to provide the insured with an indemnification against either the loss or damage it may suffer, or the liability it may incur towards third parties. However, contracts of a type other than insurance often contain an undertaking in terms of which the one party subsidiarily undertakes to indemnify the other party.

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