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Bottom line, you dont NEED to include anything in your contract. What you include is up to you. But if the goal is to protect yourself from risk to the maximum, I cant think of an obvious reason why having an indemnity clause would be a bad idea.
Indemnification is a legal agreement by one party to hold another party blameless not liable for potential losses or damages. It is similar to a liability waiver but is usually more specific, applicable only to particular items, circumstances, or situations, or in regard to a particular contract.
A Deed of Waiver, Release Indemnity is a document signed by the parties to confirm that they are ending an ongoing dispute typically arising from a commercial relationship. It functions as a formal arrangement that releases both parties from future claims and legal actions in relation to the dispute.
An indemnity clause, also known as an indemnification clause, is a standard waiver clause that states that one party wont hold the other liable for damages, losses, or costs associated with incurred legal issues.
Indemnity Agreement: Although similar to a hold harmless agreement, an indemnity agreement is an arrangement whereby one party agrees to pay the other party for any damages regardless of who is at fault.

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Most standard waiver forms carry an indemnity clause. This is a section of the waiver the participant signs to acknowledge theyre willing to exempt an individual or business from liability if they suffer loss or damage due to their participation in the chosen activity.
I HEREBY AGREE TO INDEMNIFY AND HOLD HARMLESS RELEASEES FROM ANY AND ALL LOSSES, LIABILITIES, CLAIMS, DEMANDS, INJURIES (INCLUDING DEATH), OR DAMAGES, INCLUDING COURT COSTS AND ATTORNEYS FEES AND EXPENSES, WHICH MAY OCCUR TO MYSELF, OTHER PARTICIPANTS, OR MY PROPERTY ARISING OUT OF MY PARTICIPATION IN THIS ACTIVITY,

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