Insurance Indemnity Contract Template for Hong Kong

1. Subrogation Rights: Details of the insurer's right to pursue third parties, included when recovery from third parties might be relevant

2. Arbitration Clause: Alternative dispute resolution procedures, included when parties prefer arbitration over litigation

3. Insurance Broker Provisions: Specific provisions relating to insurance brokers, included when a broker is involved

4. Currency and Exchange Rates: Provisions for handling multiple currencies, included for international contracts

5. Reinsurance Provisions: Details of reinsurance arrangements, included when relevant to the insured party

6. Force Majeure: Provisions for extraordinary events, included when specific force majeure protection is required

7. Confidentiality: Provisions for protecting sensitive information, included when dealing with commercially sensitive matters

1. Schedule of Insured Risks: Detailed listing of specific risks, assets, or circumstances covered by the indemnity

2. Premium Schedule: Detailed breakdown of premium calculations and payment schedules

3. Claims Documentation Requirements: List of required documents and evidence for making claims

4. Policy Limits and Sub-limits: Detailed breakdown of coverage limits for different types of losses

5. Excluded Events: Comprehensive list of excluded events and circumstances

6. Required Notices and Forms: Templates for various notices and forms required under the contract

7. Insurance Certificates: Forms and requirements for insurance certificates