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DocHub is a web-based tool enabling you to tweak your Indemnity Agreement from the comfort of your browser without needing software installations. Owing to its easy drag and drop editor, the ability to copy word in your Indemnity Agreement is fast and straightforward. With versatile integration options, DocHub allows you to import, export, and alter papers from your selected platform. Your updated form will be saved in the cloud so you can access it readily and keep it secure. You can also download it to your hard drive or share it with others with a few clicks. Also, you can turn your document into a template that prevents you from repeating the same edits, such as the option to copy word in your Indemnity Agreement.
Your edited form will be available in the MY DOCS folder inside your DocHub account. On top of that, you can use our editor tab on the right to merge, split, and convert files and rearrange pages within your papers.
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To understand what an indemnity agreement is we first need to understand what indemnity means. Indemnity is basically just protection against a loss. Many high risk activities like skydiving and bungee jumping require you to sign an indemnity agreement. This is so that the business is protected from liability. When it comes to surety an indemnity agreement is a signed document between a principal and a surety, it states that the principal will indemnify the surety should a claim occur. Indemnification is the process to make whole again. For example, if a surety pays out on a claim $20,000 the principal would need to indentify the surety by repaying them $20,000. Generally, all business owners will need to sign an indemnity agreement. Sometimes only the best applicant will need to sign in other cases the indemnity agreement may require spousal indemnity or third-party witness to all signatures.