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Please provide difference between contingent contract and indemnity contract

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(Querist)
24 September 2015 Hello to all ... I have a confusion about contingent contract and indemnity contract. Books m se read karne par dono m kuch diff h smaj nhi aa RHA. pls guide me..
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Amol S Joglekar

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Amol S Joglekar (Expert)
24 September 2015 Contingent: Happening of the same is based on some future EVENT.

Indemnity : On happening of the event, the LOSS is indemnified...i.e. the indemnifier has to make the loss good.
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