Do you want to prevent the difficulties of editing Indemnity Agreement Template online? You don’t have to bother about downloading unreliable services or compromising your documents ever again. With DocHub, you can change chart in Indemnity Agreement Template without spending hours on it. And that’s not all; our user-friendly platform also offers you highly effective data collection tools for gathering signatures, information, and payments through fillable forms. You can build teams using our collaboration capabilities and efficiently work together with multiple people on documents. Best of all, DocHub keeps your data secure and in compliance with industry-leading protection requirements.
DocHub enables you to use its tools regardless of your system. You can use it from your laptop, mobile phone, or tablet and modify Indemnity Agreement Template easily. Begin working smarter right now with DocHub!
hello guys welcome to Allen Subaru in this video we will learn about contract of indemnity which is defined in section 124 of Indian contract act 1872 I am Ruth nish Parekh so lets start ing to section 124 of Indian contract act 1872 indemnity contract is a contract by which one party promises to save the other from lost cause to him by the conduct of promising himself or by the conduct of any other person indemnity is a part of general class of contingent contracts because indemnity depends upon the happening of an anticipated loss now lets take an example a person has a contact of fire insurance with insurance company and subsequently he suffered losses due to fire in this case he need not worry because insurance company will compensate for the losses as it was a contract of indemnity person who is saved from the loss is known as indemnified or indemnity holder and insurance company will be known as indemnify ER now we know that there are two parties in a contract of indemnity inde
