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Corsa Sport » Message Board » General Chat » "Letter Of Indemnity" Advice needed....


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Author "Letter Of Indemnity" Advice needed....
Greg W
Member
Registered: 6th Oct 04
Location: Wigan, Lancashire
User status: Offline
25th May 05 at 07:43   View User's Profile U2U Member Reply With Quote
With regards to insurance, what is a letter of indemnity?

Advice appreciated,

Cheers Greg
Greg W
Member
Registered: 6th Oct 04
Location: Wigan, Lancashire
User status: Offline
25th May 05 at 08:50   View User's Profile U2U Member Reply With Quote
ttt
Welsh Dan
Member
Registered: 23rd Mar 00
User status: Offline
25th May 05 at 08:54   View User's Profile U2U Member Reply With Quote
AFAIK, if you lose your share certificates, you get a letter of indemnity that stops someone else cashing in your shares. You usually need to sign it yourself, and get your insurance company or bank to sign it as well

 
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