atonement vs indemnity

atonement and indemnity both are nouns.

Word	Noun	Adjective	Verb	Adverb
atonement	Yes	No	No	No
indemnity	Yes	No	No	No

As nouns, indemnity is a hypernym of atonement; that is, indemnity is a word with a broader meaning than atonement:

Other hypernyms of atonement include amends, damages, indemnification, redress, restitution.

atonement (noun)	indemnity (noun)
the act of atoning for sin or wrongdoing (especially appeasing a deity)	a sum of money paid in compensation for loss or injury
compensation for a wrong	legal exemption from liability for damages
	protection against future loss