Insurance Hold Harmless Agreement for India

Insurance Hold Harmless Agreement Template for India

A legally binding document governed by Indian law that combines insurance requirements with hold harmless provisions, designed to protect parties from specific risks and liabilities. The agreement details insurance coverage requirements, indemnification scope, and risk transfer mechanisms, while ensuring compliance with the Indian Insurance Act 1938 and relevant IRDAI regulations. It establishes the obligations of all parties regarding insurance maintenance, claims procedures, and liability limitations, providing a comprehensive risk management framework suitable for complex commercial relationships.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Insurance Hold Harmless Agreement

Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc

What is a Insurance Hold Harmless Agreement?

The Insurance Hold Harmless Agreement is a specialized contract used in Indian business contexts where parties seek to clearly define risk allocation and insurance obligations. This document is particularly crucial when businesses engage in high-risk activities or complex commercial relationships requiring specific insurance coverage and indemnification arrangements. It combines elements of traditional hold harmless provisions with detailed insurance requirements, ensuring compliance with Indian insurance regulations and contract law. The agreement is commonly used in construction, manufacturing, and other high-risk sectors where clear risk allocation is essential. It addresses key aspects such as insurance types and limits, claim procedures, and liability limitations, while considering specific requirements under Indian legislation including the Insurance Act 1938 and IRDAI regulations.

What sections should be included in a Insurance Hold Harmless Agreement?

1. Parties: Identification of all parties to the agreement, including the indemnitor (party providing indemnification) and indemnitee (protected party)

2. Background: Context of the agreement, relationship between parties, and purpose of the hold harmless arrangement

3. Definitions: Key terms used throughout the agreement, including specific insurance-related terminology

4. Scope of Indemnification: Detailed description of what risks, losses, and liabilities are covered under the hold harmless provision

5. Insurance Requirements: Specific insurance coverage requirements, including types of insurance, minimum coverage amounts, and rating requirements for insurers

6. Certificate of Insurance: Requirements for providing and maintaining current certificates of insurance

7. Duration: Term of the agreement and any survival provisions

8. Notice Requirements: Procedures and timeframes for providing notices related to claims, insurance changes, or other relevant events

9. Governing Law and Jurisdiction: Specification of Indian law as governing law and jurisdiction for dispute resolution

10. Execution: Signature blocks and execution requirements

What sections are optional to include in a Insurance Hold Harmless Agreement?

1. Additional Insured Requirements: Used when one party needs to be named as an additional insured on the other's insurance policies

2. Waiver of Subrogation: Include when parties agree to waive their insurers' subrogation rights

3. Cross-Indemnification: Used when both parties are providing reciprocal indemnification

4. Force Majeure: Include when parties want to address circumstances beyond their control that might affect the agreement

5. Alternative Dispute Resolution: Optional section for specifying mediation or arbitration procedures before litigation

6. Severability: Include when parties want to ensure that invalidity of one provision doesn't affect others

7. Assignment: Used when parties need to address whether rights under the agreement can be assigned

What schedules should be included in a Insurance Hold Harmless Agreement?

1. Schedule A - Insurance Requirements: Detailed specifications of required insurance coverage, limits, and terms

2. Schedule B - Certificate of Insurance Form: Template or requirements for acceptable insurance certificates

3. Schedule C - Notice Recipients: Contact details for notices related to claims, insurance changes, or other matters

4. Appendix 1 - Defined Activities: Detailed description of activities covered under the hold harmless provision

5. Appendix 2 - Excluded Risks: List of specific risks or activities excluded from the hold harmless provision

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

India

Publisher

Genie AI

Document Type

Release Agreement

Cost

Free to use
Clauses
Relevant Industries

Construction

Manufacturing

Real Estate

Infrastructure

Healthcare

Transportation and Logistics

Energy

Mining

Technology Services

Event Management

Facilities Management

Industrial Operations

Maritime

Aviation

Relevant Teams

Legal

Risk Management

Compliance

Operations

Finance

Procurement

Facilities Management

Health and Safety

Commercial

Insurance

Project Management

Business Development

Relevant Roles

Risk Manager

Legal Counsel

Insurance Manager

Compliance Officer

Contract Manager

Project Manager

Operations Director

Chief Financial Officer

Chief Risk Officer

General Counsel

Commercial Director

Procurement Manager

Facilities Manager

Safety Officer

Business Development Manager

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Mutual Release Agreement (Real Estate)

An Indian law-governed agreement enabling mutual release of claims and obligations between parties in real estate transactions.

find out more

Covenant Not To Sue Form

An Indian law-governed agreement where one party commits not to pursue legal action against another regarding specific claims while preserving underlying legal rights.

find out more

Unconditional Release From Listing Agreement

An Indian law-compliant document that unconditionally terminates a real estate listing agreement and releases all parties from their obligations.

find out more

Release Of Memorandum Of Contract

An Indian law-compliant document that formally releases parties from their obligations under a previously executed memorandum of contract.

find out more

Release Of Liability Contract

An Indian law-compliant document that establishes a legally binding waiver of liability rights between parties, protecting against potential claims while ensuring regulatory compliance.

find out more

Release Of Covenant

An Indian legal document that formally releases parties from property-related covenant obligations, governed by Indian property and contract law.

find out more

Release Of Contract Form (Real Estate)

An Indian law-compliant document that mutually terminates a real estate contract and releases parties from their original obligations.

find out more

Personal Trainer Release Of Liability Form

An Indian jurisdiction liability waiver form between personal trainers/fitness facilities and clients, protecting trainers from legal claims while acknowledging training risks.

find out more

Mutual Release Agreement Landlord Tenant

An Indian law-governed agreement that mutually releases landlord and tenant from lease obligations and future claims while documenting the terms of lease termination.

find out more

Release And Covenant Not To Sue

An Indian law-governed agreement combining a release of claims with a promise not to initiate legal proceedings regarding specified matters.

find out more

Co Performer Release Agreement

An Indian law-governed agreement where a co-performer releases their rights in a recorded performance, ensuring compliance with copyright and contract laws.

find out more

Use Of Likeness Agreement

An Indian law-governed agreement that establishes terms for the commercial use of an individual's likeness, image, or personal characteristics.

find out more

Likeness Agreement

An Indian law-governed agreement that establishes terms for using an individual's likeness, image, or personal attributes for commercial purposes.

find out more

Video Release Agreement

An Indian law-compliant agreement authorizing the use and distribution of video content featuring an individual's appearance or performance.

find out more

Release Of Liability Waiver Form

An Indian law-compliant legal document where participants waive their right to sue for potential injuries or damages during specified activities.

find out more

Mutual Release Agreement Of Purchase And Sale

An Indian law-governed agreement providing mutual release of claims between buyer and seller following a purchase and sale transaction.

find out more

Waiver Of Rights Agreement

An Indian law-governed agreement documenting the voluntary surrender of specific legal rights, claims, or privileges by one party to another.

find out more

Waiver Of Claims Agreement

An Indian law-governed agreement where one party formally relinquishes specified legal rights or claims against another party, creating a binding waiver of future legal action.

find out more

Resignation Agreement And General Release

An Indian law-governed agreement documenting an employee's voluntary resignation and mutual release of claims, detailing separation terms and final settlements.

find out more

Release Of Guaranty Form

An Indian legal document that formally releases a guarantor from their obligations under a previous guarantee agreement, governed by the Indian Contract Act.

find out more

Contract And Release

An Indian law-governed agreement that combines contractual obligations with a release of claims or rights, subject to Indian Contract Act, 1872.

find out more

Insurance Hold Harmless Agreement

An Indian law-governed agreement combining insurance requirements and hold harmless provisions to establish risk transfer and liability protection mechanisms between contracting parties.

find out more

Debt Waiver Agreement

An Indian law-governed agreement documenting the formal waiver of debt obligations between a creditor and debtor, including terms and conditions of the debt forgiveness.

find out more

Agreement Not To Sue

An Indian law-governed agreement where one party formally commits not to pursue legal action against another party regarding specific claims or disputes.

find out more

Release And Settlement Of Claim

An Indian law-governed agreement that documents the settlement of claims between parties, including release terms and consideration.

find out more

Release Of Security Agreement

An Indian law-governed document that formally releases and discharges security interests over assets, confirming satisfaction of secured obligations.

find out more

Release Of Claim And Subrogation Receipt

An Indian jurisdiction document that releases liability for a settled claim and transfers subrogation rights to the insurer.

find out more

Confidential Separation Agreement And General Release

An Indian law-governed agreement that documents employment termination terms, including confidentiality provisions and mutual releases, while ensuring statutory compliance.

find out more

Release And Waiver Of Liability Form

An Indian law-compliant legal document where participants waive their right to sue for damages related to voluntary participation in specified activities, subject to the Indian Contract Act 1872.

find out more

Release And Hold Harmless Agreement

An Indian law-governed agreement that releases one party from liability and provides protection against future claims, incorporating comprehensive indemnification provisions.

find out more

Release Of Guarantee Agreement

An Indian law-governed agreement that formally releases and discharges a guarantor from their obligations under a previous guarantee arrangement.

find out more

Lease Contract Termination Letter

A formal notice under Indian law to terminate a lease agreement, including essential details about property handover and compliance with local tenancy laws.

find out more

General Release For Employment Termination

An Indian law-compliant agreement documenting employment termination terms, settlement details, and mutual release of claims between employer and employee.

find out more

Equipment Rental Release Form

An Indian law-compliant document establishing terms, conditions, and liability releases for equipment rental arrangements.

find out more

Mutual General Release Form

An Indian law-compliant bilateral agreement where parties mutually release each other from all claims and liabilities arising from specified events or relationships.

find out more

Layoff Release Agreement

An Indian law-governed agreement that documents employment termination terms and mutual releases between employer and employee during a layoff process.

find out more

Land Contract Release Form

An Indian legal document that releases parties from obligations under an existing land contract, governed by Indian property and contract laws.

find out more

General Release Waiver

An Indian law-compliant document that releases one party from liability, claims, or legal obligations to another party, incorporating essential elements under the Indian Contract Act.

find out more

Hold Harmless Vehicle Release

An Indian jurisdiction Hold Harmless Vehicle Release agreement that protects parties from liability related to vehicle usage and incidents.

find out more

Release And Confidentiality Agreement

An Indian law-governed agreement combining release of claims and confidentiality obligations between parties, ensuring information protection while settling rights or claims.

find out more
See more related templates

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it

2 Docs LeftAccess Now