Insurance Indemnification Agreement Template for Hong Kong

1. Subrogation Rights: Details of insurance company's right to pursue third parties, used when subrogation rights need specific definition

2. Cross-Indemnification: Mutual indemnification provisions, included when both parties have reciprocal obligations

3. Insurance Broker Provisions: Specific provisions relating to insurance brokers, needed when brokers are involved in the arrangement

4. Risk Management Requirements: Specific risk management protocols required by either party, included for complex operational arrangements

5. Regulatory Compliance: Specific compliance requirements with Hong Kong insurance regulations, included for regulated entities

6. Force Majeure: Provisions for extraordinary events affecting coverage, included when specific risk allocation for such events is needed

1. Schedule 1 - Insurance Policies: Detailed list and specifications of required insurance policies, including coverage limits and conditions

2. Schedule 2 - Excluded Risks: Specific list of risks and circumstances excluded from the indemnification coverage

3. Schedule 3 - Claim Forms and Procedures: Standard forms and detailed procedures for making and processing claims

4. Schedule 4 - Premium Schedule: Detailed breakdown of premium payments, including payment schedules and adjustments

5. Appendix A - Certificate of Insurance: Template or actual certificates of insurance evidencing coverage

6. Appendix B - Risk Assessment Report: Initial risk assessment forming the basis of the insurance requirements