All of the following are true for indemnity insurance except that: 

it serves as the basis for all health insurance coverage in most developed countries, including the United States. 

it frequently includes coverage for losses due to casualty and theft. 

it is often experience-rated, with premiums based on expected losses.

premiums are based on separate risk pools often organized by employers. 

it provides reimbursement for financial losses, including fire and life.