Signatory Hold Harmless (Indemnity) Agreement For Free

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By signing a broad form hold harmless agreement you are possibly exposing your company to insurable risk. Contractual Liability Coverage for sole or gross negligent acts of your client is excluded is y most liability policies. As with all contracts, it is best to have legal counsel review prior to signing.
The date of the agreement. The name of the person held harmless or protected, with their address. The name of the other party to the agreement, with their address. Details about the activity or event the agreement is about, such as horseback riding or country club membership.
A Hold-Harmless Agreement (also known as an Indemnity Agreement) allows one party to protect another party against any future losses or claims that may result from a particular activity.
The person or party to be held harmless, including the name of the person signing the agreement. The person or party providing protection. The type of protection being provided. A time frame.
Furthermore, a hold harmless clause, like an indemnity clause, also involves a waiver of the insurer's right of subrogation which is an issue often overlooked when parties agree to accept risks under such clauses.
A Hold-Harmless Agreement (also known as an Indemnity Agreement) allows one party to protect another party against any future losses or claims that may result from a particular activity.
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