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When to Use this AgreementAn indemnity agreement is an undertaking from one person to another in which financial responsibility is decided. An indemnity is a security against loss, an Insurance policy is an indemnity agreement. In effect one party (the indemnitor) is saying to the other party (the indemnitee) I will pay this debt and ensure that you don’t experience hardship as a result of my failure to do what I promised to do.
Your professionally drafted indemnity agreement is available for immediate download.The document comes to you as a Microsoft Word and PDF template that can be used as often as you like. Simply insert the correct information in the appropriate field and tab to the next. Now print your professional agreement!
The Contract includes the following provisions –
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