the.com/indemnity
A pinky-promise with lawyers: if it goes wrong, I'll cover your tab.
means A contractual promise to compensate someone for a loss or damage they suffer.
from From Latin indemnis, unharmed, joining in- (not) with damnum (loss, damage) — literally a state of being unhurt, especially in the wallet.
Insurance coreThe entire industry runs on indemnity clauses.
Double dutyMeans both the protection and the payout itself.
Legal cousinHold harmless agreements are indemnity in formalwear.