Indemnity Form Template for Philippines

1. Insurance Requirements: Required when the Indemnitor must maintain specific insurance coverage to support the indemnity obligation

2. Multiple Beneficiaries: Needed when the indemnity extends to multiple parties beyond the primary Indemnitee

3. Security: Used when additional security (such as a bond or guarantee) is required to secure the indemnity obligation

4. Cross-Indemnification: Included when both parties are providing reciprocal indemnities

5. Dispute Resolution: Optional detailed procedures for handling disputes, including mediation or arbitration provisions

6. Force Majeure: Included when certain extraordinary events should be excluded from the indemnity coverage

7. Assignment: Required when transfer rights need to be specifically addressed

1. Schedule A - Specific Indemnified Events: Detailed list of specific events, activities, or circumstances covered by the indemnity

2. Schedule B - Excluded Events: List of specific exclusions from the indemnity coverage

3. Schedule C - Additional Indemnitees: List of additional parties covered by the indemnity (if applicable)

4. Schedule D - Claims Procedures: Detailed procedures for making and processing claims

5. Appendix 1 - Forms: Standard forms for claim notices, proof of loss, or other required documentation