Deductible Indemnity Agreement Template for Canada

1. Multiple Deductible Tiers: Used when different deductible amounts apply to different types of claims or loss categories

2. Aggregate Limits: Include when there are caps on total indemnification amounts or aggregate deductible limits

3. Security Provisions: Required when collateral or security is provided to guarantee the indemnification obligations

4. Insurance Requirements: Include when specific insurance coverage must be maintained by either party

5. Dispute Resolution: Optional detailed procedures for handling disputes, including mediation or arbitration requirements

6. Third Party Claims: Include when the agreement needs to address claims involving third parties specifically

7. Subrogation Rights: Used when specifying rights to pursue claims against third parties

8. Currency Provisions: Include for cross-border agreements involving multiple currencies

1. Schedule A - Deductible Amounts: Details the specific deductible amounts and any variations based on claim type

2. Schedule B - Claim Form Template: Standard form for submitting claims under the agreement

3. Schedule C - Covered Events: Detailed list of events or circumstances covered by the indemnification

4. Schedule D - Claims Handling Procedures: Detailed procedures for processing and managing claims

5. Schedule E - Contact Information: List of key contacts and their roles for both parties

6. Appendix 1 - Required Documentation: Lists the documentation required for different types of claims

7. Appendix 2 - Reporting Templates: Standard formats for required periodic reporting under the agreement