Hold-Harmless (Indemnity) Agreement

Overview

A binding indemnity agreement that is used to protect one or more parties by limiting liabilties, losses or damages that might occur from taking part in a specific activity.

What is a hold-harmless (indemnity) agreement?

A binding indemnity agreement that is used to protect one or more parties by limiting liabilties, losses or damages that might occur from taking part in a specific activity.

What does a hold-harmless (indemnity) agreement cover?

A hold-harmless (indemnity) agreement covers the details of a specific activity, details the level of indemnity and protection that is offered, details of the parties signature and more. It can limited liabilites, losses or damages that occur from a whole host of activities.

When should I use a hold-harmless (indemnity) agreement?

You should use a hold-harmless (indemnity) agreement to limit your  liabilties, losses or damages that might occur from users, clients, customers or otherwise taking part in a specific activity.

Do I need a hold-harmless (indemnity) agreement?

A hold-harmless (indemnity) agreement can be essential for protecting liabilties, losses or damages that can sometimes be extremely detrimental and even lead to bankruptcy.

Further information

A hold-harmless (indemnity) agreement cannot protect against physical injury or death.

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