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38 Fresh What is An Indemnity Agreement
. what is an indemnity agreement with examples an indemnity agreement is a contract that ‘holds a business or pany harmless’ for any burden loss or damage an indemnity agreement also ensures proper pensation is available for such loss or damage learn about indemnity agreements thebalancesmb an indemnity agreement sometimes called a "hold harmless agreement" can be a contract or a section of a contract in these cases an indemnity agreement is contract language that indemnifies holds harmless one of the parties in a contract for specific actions that might cause damage to the other party what is an indemnity agreement with pictures sometimes an indemnity agreement is signed when people use a pany to invest in stocks or bonds trading in order to use the pany’s services the investing person agrees to hold the pany not liable for any money losses that might be incurred by investing what is an indemnity agreement definition from an indemnity agreement is a legally binding contract or agreement in which one party agrees to pay for certain losses incurred by the other if those losses occur under certain circumstances insurance contracts are a very mon example of indemnity agreements what is an indemnity agreement an indemnity agreement is a contract where one party agrees to protect another party against certain future claims or losses for example suppose jack would like to enter into a contract with jill to build a playground but jill is hesitant because of the potential future liability of such an endeavor