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Insert Advanced Field to the Hold-Harmless (Indemnity) Agreement

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Aug 6th, 2022

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How to Insert Advanced Field to the Hold-Harmless (Indemnity) Agreement

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good afternoon everyone and welcome to atss webinar on leveling the playing field for con for contractual liability my name is Donna Clark and I will be managing todays webinar on the back end your moderator for today is Todd Welch of Charter Partners Inc todays webinar will be 60 Minutes in length including time at the end for questions we ask that you keep your lawn muted doing the webinar unless you are speaking if during the webinar you have a question or a comment we ask that you utilize the Q a feature at this time I would like to read a disclaimer and it is as follows information provided during this webinar is not legal advice rather all information content and references are for General informational purposes only I would now like to turn the webinar over to Todd Todd take it away thank you Donna I first want to welcome everybody I understand this is one of the best attended webinars weve had at hats in a long time so thank you for coming my name is Todd Welch and Ill be

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Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

What is a hold harmless agreement also known as?

A hold harmless agreement, also known as an indemnity agreement, protects your business against lawsuits by requiring the parties with whom you are doing business to refrain from suing you under certain circumstances.

What is a hold harmless indemnity agreement?

An agreement whereby the first party (the indemnitor) agrees to hold a second party (the indemnitee) harmless from tort liability arising out of the indemnitors negligent act or omission.

What is inserting a hold harmless provision in a contract an example of?

A homeowner may also request contractors to sign a hold harmless agreement to preempt a lawsuit if the contractor is injured while working on the property. This is an example of a reciprocal clause while the situation described above epitomizes a unilateral clause.

What are the three types of forms used to create hold harmless agreements?

Three basic types of Hold Harmless Agreements are used: limited, intermediate, and broad. These forms are often seen in contracts in the construction industry.

Is hold harmless the same as contractual liability?

Contractual liability and hold harmless agreements Contractual liability insurance is coverage that helps you out when the contract you enter has a hold harmless clause. A hold harmless agreement or indemnity agreement basically means that if something happens while under contract, youre responsible, not them.

How do you fill out a hold harmless agreement?

How to fill out a hold harmless agreement The date of the agreement. The name of the person held harmless or protected, with their address. The name of the other party to the agreement, with their address. Details about the activity or event the agreement is about, such as horseback riding or country club membership.

What is hold harmless clause an example of?

Property use protection: Property use protection occurs when one person is using anothers property, and the person using the property agrees to hold the property owner harmless in case anything should happen. For example, a person could hold a party at a friends house and agree to hold the friend harmless.

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