©2018 by Lawyak. Website & Marketing By Rapid Boost Marketing

©2018 by Lawyak. Website & Marketing By Rapid Boost Marketing

Address: Prowse Chowne LLP

#1300 Phipps-McKinnon Bldg.

10020 – 101A Avenue Edmonton, Alberta          

Canada T5J 3G2

Phone No:     866-881-2462

Fax:                  780 439 0475

Email:             contact@lawyak.com

Office Time:  Monday to Friday: 8:30 am – 5:00 pm

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Indemnity

Indemnity

Pricing: $140

Delivery Timeline: Next Day

Understanding your business’s risk disclosures is the keystone to managing them. Whether your business relies on outside vendors to provide goods and services, or you are a provider of goods and services to your clients, you should be aware of how to take predetermined precautions to protect your business against potential demerits or damages.

An indemnity agreement secured by an additional insured endorsement is a risk-transfer tool that protects your business from potential risks. It is a document that removes liability from one party in a corporate relationship.

An Indemnity Agreement is also known as:

  1. Hold Harmless Agreement

  2. Indemnification Agreement

 

We understand your concern and fear of potential pitfalls in case there are a few discrepancies between two businesses. In order to avoid any confusions, our team of expert lawyers give you a brief explanation about the agreement and what it contains.

What are the Types of Indemnity Agreements?

In your Indemnity Agreement you will need to choose the type that best suits the category of indemnity being agreed to. Your options include:

  1. Activity: General indemnity for activities like an event or activities relating to the event such as concerts or festivals

  2.  Indemnity pertaining directly to provisions within an existing contract

  3.  Indemnity that relates particularly to a lease

  4.  Indemnity that relates directly to a purchase or sale

 

You need to provide a detailed description of what the indemnification is for, how long it will last, and who is involved to our lawyers to prepare your indemnity agreement.

What are the Terms You can Include in the Indemnity Agreement?

You may choose any of the following terms to include in your indemnity agreement:

  1. Confidentiality Clause: A confidentiality clause ensures no private information in relation to the contract or the indemnification is shared with outside parties

  2. Indemnity Insurance: It may be required that the indemnifier (the party offering protection) purchase indemnity insurance to cover any future liabilities

  3. Indemnification Against Criminal Proceedings: You can specify that the indemnifier cannot pursue lawful action if he/she is found guilty in any manner

  4. Monetary Limit: You may set a maximum amount for the indemnification

 

Our knowledge and proficient legal applications are put to use in explaining the smallest information that is included in your indemnity agreement. We also offer legal advice at a very minimal fee.

Why Lawyak?

  1. Our legal guidance and service is tailored to your requirements

  2. We deliver this service at a price of $140 only

  3. Our delivery timeline is 24 hours

  4. You can get online updates about your service easily. Our team delivers services within the proposed timeline

  5. We give you complete access to the requested legal service and inform about the documents needed digitally

 

Our team of experienced and highly qualified lawyers will help you prepare your indemnity agreement based on your requirements. Moreover, we provide quick solutions in an efficient way so that you do not have to worry about any legal issues that may arise related to your indemnity agreement.

Get in touch with Lawyak to prepare your indemnity agreement at affordable costs with the help of our online portal.