Insurance Indemnification Agreement Template for Nigeria

1. Subrogation Rights: Details of the Indemnitor's rights to pursue third parties - include when subrogation rights are relevant to the agreement

2. Insurance Requirements: Specific insurance requirements for either party - include when additional insurance coverage is required

3. Security Provisions: Requirements for security or collateral - include when financial security is needed

4. Regulatory Compliance: Specific regulatory requirements - include when dealing with regulated industries or specific sectors

5. Cross-Indemnification: Mutual indemnification provisions - include when both parties are providing indemnification

6. Force Majeure: Provisions for extraordinary events - include when specific external risks need to be addressed

1. Schedule A - Covered Events: Detailed list of specific events, activities, or circumstances covered by the indemnification

2. Schedule B - Premium Schedule: Details of any premium payments, including amounts, payment schedule, and adjustment mechanisms

3. Schedule C - Claim Documentation Requirements: Specific documents and evidence required for making claims

4. Schedule D - Territorial Limits: Geographic scope of coverage and any territorial restrictions

5. Appendix 1 - Contact Information: Detailed contact information for key personnel and departments involved in claims processing

6. Appendix 2 - Claim Forms: Standard forms and templates for submitting claims