indemnify vs indemnity

indemnify is not a noun while indemnity is a noun.

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

indemnify (noun)	indemnity (noun)
	a sum of money paid in compensation for loss or injury
	legal exemption from liability for damages
	protection against future loss

indemnify (verb)	indemnity (verb)
make amends for; pay compensation for
secure against future loss, damage, or liability; give security for