Aug 29, 2025 · Understand how indemnification clauses function to manage risk and define responsibilities in legal agreements.

Indemnifications in legal terms are contractual provisions where one or both parties agree to compensate the other for any harm or loss resulting from damages caused by a third party. …

Indemnities form the basis of many insurance contracts; for example, a car owner may purchase different kinds of insurance as an indemnity for various kinds of loss arising from operation of …

Sep 30, 2025 · Indemnification clauses are crucial contractual provisions that allocate financial responsibility for specific losses. These clauses offer several advantages, including the …

Oct 20, 2024 · What is indemnification? Indemnification refers to the broad concept of one party compensating another for losses, damages, or liabilities, usually due to third-party claims. It’s …

Indemnification is a legal agreement by one party to hold another party blameless – not liable – for potential losses or damages.

Sep 13, 2024 · What does indemnification mean in company law? In company law, more often referred to as business law, indemnification refers to the process of a company agreeing to …

To indemnify, also known as indemnity or indemnification, means compensating a person for damages or losses they have incurred or will incur related to a specified accident, incident, or …

Oct 10, 2025 · Learn what “defend, indemnify, and hold harmless” clauses really mean, how they differ across states, and how to manage contract risk effectively.

The meaning of INDEMNIFICATION is the action of indemnifying.