Insurance Indemnification Agreement Template for Canada

1. Subrogation Rights: Details of insurer's right to pursue third parties, used when subrogation rights need to be preserved or waived

2. Cross-Indemnification: Mutual indemnification provisions, included when both parties are providing indemnification

3. Exclusions: Specific exclusions from indemnification coverage, used when certain risks need to be explicitly excluded

4. Security Requirements: Additional security or collateral requirements, included for high-value or high-risk agreements

5. Reporting Requirements: Specific reporting obligations, used when regular updates on risk status are needed

6. Compliance with Regulations: Specific regulatory compliance requirements, included when operating in heavily regulated industries

7. Force Majeure: Provisions for unforeseen circumstances, included when specific events should not trigger indemnification

8. Language Requirements: Language provisions for agreements in Quebec or involving international parties

1. Schedule A - Insurance Coverage Requirements: Detailed specifications of required insurance coverage, including types, limits, and deductibles

2. Schedule B - Claim Form Template: Standard form for submitting indemnification claims

3. Schedule C - Premium Schedule: Detailed breakdown of premium payments and payment schedule

4. Schedule D - Excluded Risks: Comprehensive list of specifically excluded risks or circumstances

5. Schedule E - Contact Information: List of key contacts for claims, notices, and administration

6. Appendix 1 - Certificates of Insurance: Forms and requirements for insurance certificates

7. Appendix 2 - Compliance Checklist: Checklist of regulatory and compliance requirements

8. Appendix 3 - Risk Assessment: Detailed risk assessment and mitigation measures