The indemnity holder is NOT entitled to:

Correct option is D

· An indemnity holder is protected only against actual, absolute liabilities.
· If the liability is uncertain or conditional, the indemnifier is not obligated to compensate.
Information Booster
· Contract of Indemnity (Section 124 of the Indian Contract Act, 1872):
· A contract where one party (indemnifier) promises to compensate another party (indemnity holder) for losses.
Additional Knowledge
· Example of Indemnity Contract:
· Insurance policy: The insurer compensates the insured for a definite loss (e.g., property damage) but not for a hypothetical risk.