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Hold Harmless Agreement (Insurance)
"Need a Hold Harmless Agreement (Insurance) for our construction project in Mumbai starting March 2025, covering our main contractor and subcontractors, with minimum insurance coverage of 5 crore INR for general liability and specific provisions for construction equipment and worker safety."
1. Parties: Identification of all parties to the agreement, including the indemnitor (party providing protection) and indemnitee (protected party)
2. Background: Context of the agreement, relationship between parties, and purpose of the hold harmless arrangement
3. Definitions: Key terms used throughout the agreement, including specific insurance-related terminology
4. Scope of Indemnification: Detailed description of what risks, losses, and damages are covered under the hold harmless provision
5. Insurance Requirements: Specific insurance coverage requirements, including types of insurance, coverage limits, and duration
6. Indemnification Process: Procedures for making claims, notification requirements, and handling of indemnification requests
7. Duration and Termination: Term of the agreement and circumstances under which it can be terminated
8. Representations and Warranties: Statements of fact and promises made by each party regarding their ability to fulfill obligations
9. Governing Law and Jurisdiction: Specification of Indian law as governing law and jurisdiction for dispute resolution
10. Notices: Process and contact details for formal communications between parties
1. Multiple Party Provisions: Additional provisions when more than two parties are involved in the agreement
2. Specific Risk Provisions: Detailed provisions for specific high-risk activities or special circumstances requiring additional protection
3. Insurance Broker Requirements: Specific provisions when an insurance broker is involved in maintaining or managing the required insurance
4. Cross-Indemnification: Provisions for mutual indemnification when both parties are providing hold harmless protection to each other
5. Subrogation Waiver: Specific provisions waiving insurance company's right to pursue claims against the indemnified party
6. Force Majeure: Provisions addressing circumstances beyond parties' control that might affect the indemnification obligations
7. Alternative Dispute Resolution: Optional provisions for mediation or arbitration before pursuing court proceedings
1. Schedule A - Insurance Coverage Details: Detailed specifications of required insurance policies, coverage limits, and special conditions
2. Schedule B - Claim Procedures: Step-by-step procedures for making and processing indemnification claims
3. Schedule C - Excluded Risks: List of specific risks or circumstances excluded from the hold harmless protection
4. Schedule D - Contact Information: Detailed contact information for key personnel, insurance providers, and emergency contacts
5. Appendix 1 - Insurance Certificates: Copies of current insurance certificates demonstrating required coverage
6. Appendix 2 - Risk Assessment: Detailed assessment of risks covered under the agreement
Authors
Applicable Laws
Claim
Commencement Date
Covered Activities
Damages
Effective Date
Events of Default
Excluded Claims
Force Majeure Event
Hold Harmless Obligation
Indemnified Party
Indemnifying Party
Indemnified Persons
Insurance Policies
Insurance Requirements
Insured Events
Liability
Loss
Material Adverse Effect
Minimum Insurance Coverage
Notice
Parties
Policy Period
Premium
Required Insurance
Risk Period
Schedules
Scope of Coverage
Termination Date
Territory
Third Party
Third Party Claim
Underlying Agreement
Insurance Requirements
Hold Harmless
Claims Procedure
Notice Requirements
Insurance Coverage
Risk Allocation
Liability Limitations
Insurance Maintenance
Representations and Warranties
Force Majeure
Governing Law
Dispute Resolution
Confidentiality
Assignment
Severability
Entire Agreement
Amendment
Waiver
Subrogation
Term and Termination
Survival
Insurance Certificates
Premium Payment
Policy Compliance
Third Party Rights
Notice of Claims
Defense Obligations
Cooperation
Insurance Broker
Construction
Real Estate
Manufacturing
Events and Entertainment
Healthcare
Transportation and Logistics
Energy
Mining
Information Technology
Financial Services
Retail
Education
Hospitality
Sports and Recreation
Legal
Risk Management
Compliance
Operations
Finance
Facilities Management
Project Management
Insurance
Contract Administration
Health and Safety
Risk Manager
Legal Counsel
Insurance Manager
Compliance Officer
Contract Manager
Project Manager
Operations Director
Chief Financial Officer
Facility Manager
Safety Officer
General Counsel
Business Development Manager
Property Manager
Event Coordinator
Construction Manager
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