The Subcontractor Insurance Agreement is essential for projects involving subcontracted work in India, where risk management and regulatory compliance are crucial. This document is typically used when a main contractor engages subcontractors and needs to ensure adequate insurance coverage for project-related risks. The agreement details specific insurance types, coverage limits, and compliance requirements mandated by Indian law and industry standards. It helps protect all parties involved by clearly defining insurance obligations, establishing procedures for maintaining coverage, and ensuring compliance with Indian insurance regulations. The document is particularly important given India's complex regulatory environment and the need to align with various legislation including the Insurance Act 1938, IRDA regulations, and industry-specific requirements.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
1. Parties: Identifies and provides details of the contractor and subcontractor
2. Background: Context of the agreement and relationship between parties
3. Definitions: Defines key terms used throughout the agreement
4. Insurance Requirements: Specifies mandatory insurance types, coverage limits, and duration
5. Compliance Obligations: Details requirements for maintaining and evidencing insurance coverage
6. Certificate Requirements: Specifies format and frequency of insurance certificates and evidence
7. Additional Insured Requirements: Requirements for naming additional parties as insured
8. Notice Requirements: Procedures for notification of changes, cancellation, or claims
9. Indemnification: Mutual and specific indemnification obligations
10. Subcontractor's Obligations: Specific duties regarding insurance maintenance and reporting
11. Default and Remedies: Consequences of failing to maintain required insurance
12. Term and Termination: Duration of agreement and termination conditions
13. Dispute Resolution: Procedures for resolving disputes
14. Governing Law: Specification of Indian law as governing law
15. Miscellaneous: Standard boilerplate provisions
1. Industry-Specific Requirements: Additional insurance requirements for specific industries (use when agreement covers regulated industries)
2. International Operations: Special provisions for cross-border operations (include if subcontractor works internationally)
3. High-Risk Activities: Additional coverage requirements for high-risk operations (include for hazardous work)
4. Professional Services: Professional liability insurance requirements (include for professional service providers)
5. Environmental Provisions: Environmental liability coverage (include for environmentally sensitive work)
6. Cyber Security Requirements: Cyber liability insurance provisions (include for technology-related services)
7. Force Majeure: Provisions for extraordinary events affecting insurance coverage (include based on risk assessment)
1. Schedule A - Insurance Coverage Requirements: Detailed specification of required insurance types, limits, and deductibles
2. Schedule B - Certificate of Insurance Form: Standard form for insurance certificates
3. Schedule C - Additional Insured Endorsements: Required endorsement forms and wording
4. Schedule D - Claims Procedures: Detailed procedures for handling insurance claims
5. Schedule E - Compliance Checklist: Checklist for insurance compliance requirements
6. Appendix 1 - Industry-Specific Requirements: Specific insurance requirements based on industry regulations
7. Appendix 2 - Risk Assessment Matrix: Matrix defining different risk levels and corresponding insurance requirements
Find the exact document you need
Indemnity Agreement (Insurance)
An Indian law-governed insurance contract establishing terms for indemnification of specified losses between insurer and insured, compliant with Insurance Act 1938 and IRDA regulations.
Download
Contractual Obligation (Insurance)
Standard insurance contract template compliant with Indian law and IRDAI regulations, establishing insurer-policyholder obligations and coverage terms.
Download
Contractual Liability (Insurance)
An Indian law-governed insurance document providing coverage for liabilities arising from contractual obligations and agreements, compliant with IRDAI regulations.
Download
Contract Of Marine (Insurance)
An Indian law-governed insurance contract protecting maritime assets and interests, regulated under the Marine Insurance Act 1963 and related legislation.
Download
Commercial Contractor (Insurance)
An Indian law-governed agreement for contractors providing services in the insurance sector, incorporating IRDAI regulations and compliance requirements.
Download
Agreement To Provide (Insurance)
An Indian law-governed insurance agreement establishing terms of coverage between insurer and insured, compliant with IRDAI regulations.
Download
Aleatory Contract Life (Insurance)
An Indian law-governed life insurance contract establishing terms of coverage, benefits, and obligations between insurer and policyholder.
Download
Service Contract Liability (Insurance)
An Indian law-governed insurance agreement protecting service providers against liability claims arising from their professional services and operations.
Download
Hold Harmless Agreement (Insurance)
An Indian law-governed agreement combining hold harmless provisions with insurance requirements to protect parties against specified risks and liabilities.
Download
Agency Agreement (Insurance)
An Indian law-governed agreement establishing the relationship between an insurance company and its agent, compliant with IRDAI regulations and the Insurance Act.
Download
Terms Of Business Agreement Insurance Broker
An Indian law-governed agreement establishing the terms of business relationship between an insurance broker and their clients, compliant with IRDAI regulations.
Download
Binding Authority Agreement
An Indian law-governed agreement delegating insurance underwriting authority from an insurer to a coverholder, subject to IRDAI regulations.
Download
Public Adjuster Contract
An Indian law-governed agreement between a public adjuster and client for professional insurance claim adjustment services, compliant with IRDAI regulations.
Download
Title Insurance Indemnity Agreement
An Indian law-governed insurance agreement providing protection against property title defects and related losses through specified indemnification terms.
Download
Endowment Contract
An Indian law-governed insurance contract combining life coverage and investment benefits, establishing terms between insurer and policyholder for death and maturity benefits.
Download
Workers Compensation Hold Harmless Agreement
An Indian law-governed agreement establishing indemnification arrangements between parties for workers' compensation claims and related liabilities.
Download
Temporary Insurance Agreement
An Indian law-governed agreement establishing temporary insurance coverage between an insurer and insured party, detailing coverage terms, duration, and obligations.
Download
Deductible Indemnity Agreement
An Indian law-governed agreement establishing indemnification obligations with a deductible threshold, defining terms for risk allocation and claims processing between parties.
Download
Subcontractor Insurance Agreement
An Indian law-governed agreement specifying insurance requirements and obligations between contractors and subcontractors, including coverage requirements and compliance procedures.
Download
Insurance Letter Of Agreement
An Indian law-governed agreement establishing insurance coverage terms between insurer and insured, compliant with IRDAI regulations.
Download
Key Person Agreement
An Indian law-governed agreement establishing terms and conditions for key personnel employment, including duties, compensation, and protective covenants.
Download
Health Insurance Agreement
An Indian law-governed agreement establishing health insurance coverage terms between insurer and policyholder, compliant with IRDAI regulations.
Download
Insurance Indemnity Contract
An Indian law-governed Insurance Indemnity Contract establishing risk transfer and coverage terms between insurer and insured, compliant with IRDA regulations.
Download
Subrogation Contract
An Indian law-governed agreement transferring recovery rights from an insured to their insurer following claim settlement, enabling the insurer to pursue recovery from responsible third parties.
Download
Insurance Indemnification Agreement
An Indian law-governed Insurance Indemnification Agreement establishing terms for insurance coverage and claims procedures under IRDAI regulations.
Download
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