Which aspect is not typically addressed in the indemnity agreement?

The correct response highlights that the terms of the premium are not typically addressed in indemnity agreements. Indemnity agreements primarily focus on the agreement of one party to compensate another for losses or damages incurred, emphasizing the extent of coverage provided, methods for adjusting losses, and the amount of indemnity that will be paid in the event of a claim.

In this context, the extent of coverage delineates what risks or damages are covered under the policy. This is crucial, as it defines the parameters of protection offered.

Methods for loss adjustment are also a critical aspect, detailing how losses will be assessed and compensated. This ensures both parties understand the process for determining the validity and extent of a claim.

The amount of indemnity specifies the financial limit of compensation available under the agreement, providing clarity on how much the insurer is liable to pay in the event of a covered loss.

In contrast, terms of the premium pertain to the cost of the insurance policy itself, which is usually addressed in a separate context or section of an insurance contract rather than the indemnity agreement specifically. This distinction clarifies that while the premium is an important aspect of the overall insurance transaction, it does not fall under the typical considerations directly related to indemnity agreements.