Insurance Indemnification Agreement Template for Philippines

1. Third Party Rights: Include when there are specific third parties who may benefit from or be affected by the indemnification

2. Cross-Indemnification: Include when both parties are providing reciprocal indemnification obligations

3. Exclusions from Indemnification: Include when specific risks or events need to be explicitly excluded from coverage

4. Insurance Procurement Obligations: Include when one party is required to procure specific insurance coverage for the benefit of the other

5. Survival: Include when certain indemnification obligations need to survive the termination of the agreement

6. Security Requirements: Include when collateral or security is required to support the indemnification obligations

1. Schedule A - Covered Risks: Detailed listing of specific risks, activities, or circumstances covered by the indemnification

2. Schedule B - Insurance Requirements: Detailed specifications of required insurance policies, coverage limits, and terms

3. Schedule C - Claim Procedures: Step-by-step procedures for making and processing indemnification claims

4. Schedule D - Contact Information: List of key contacts and their details for notices and claims

5. Appendix 1 - Claim Forms: Standard forms to be used for submitting indemnification claims

6. Appendix 2 - Insurance Certificates: Copies of required insurance certificates and policies