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Generic Indemnity Form
"I need a Generic Indemnity Form under Singapore law for my construction company to protect us against potential losses arising from subcontractor work on our new office building project starting March 2025."
1. Parties: Identifies the indemnifier and indemnitee with full legal names and addresses
2. Background: Explains the context and purpose of the indemnity
3. Definitions: Defines key terms used in the agreement
4. Scope of Indemnity: Clearly defines what is covered by the indemnity
5. Duration: Specifies how long the indemnity remains in effect
6. Governing Law: Specifies Singapore law as governing law
1. Insurance Requirements: Details required insurance coverage when indemnifier must maintain specific insurance
2. Claims Procedure: Process for making indemnity claims, recommended for complex arrangements or high-value indemnities
3. Limitations and Exclusions: Specific carve-outs from the indemnity when certain risks are specifically excluded
1. Schedule of Covered Events: Detailed list of events or circumstances covered by the indemnity
2. Schedule of Excluded Events: Specific exclusions from the indemnity coverage
3. Claims Form Template: Standard form for making indemnity claims
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