Insurance Indemnification Agreement Template for Indonesia

1. Subrogation Rights: Include when the indemnitor needs the right to pursue third parties who may be responsible for the loss

2. Reinsurance Provisions: Include when the indemnification is backed by reinsurance arrangements

3. Currency Provisions: Include when payments may be made in multiple currencies or when exchange rate considerations are relevant

4. Compliance with Specific Regulations: Include when the agreement covers regulated industries or specific compliance requirements

5. Force Majeure: Include when specific events beyond parties' control need to be addressed separately from general exclusions

6. Confidentiality: Include when sensitive information will be exchanged during the claims process

7. Anti-Money Laundering Provisions: Include when required by the nature of the business or regulatory requirements

1. Schedule A - Premium Calculation: Detailed breakdown of premium calculation methodology and factors

2. Schedule B - Claim Documentation Requirements: List of required documents and evidence for making claims

3. Schedule C - Excluded Events: Detailed list of specific events, circumstances, or losses excluded from coverage

4. Schedule D - Contact Details: List of key contacts and their roles for both parties

5. Appendix 1 - Claim Form Template: Standard form for submitting claims under the agreement

6. Appendix 2 - Risk Assessment Report: Initial risk assessment that forms the basis of the indemnification terms

7. Appendix 3 - Regulatory Compliance Certificates: Copies of relevant regulatory approvals or compliance certificates