Indemnity Form

Indemnity Form Template for Singapore

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Key Requirements PROMPT example:

"I need an Indemnity Form under Singapore law for my construction company to protect against potential liability from subcontractors working on our upcoming commercial building project starting March 2025."

Document background

The Indemnity Form is a crucial legal instrument in Singapore's business environment, used to allocate risk and provide financial protection between parties. It serves as a risk management tool, particularly important in commercial transactions, construction projects, and professional services. The document must comply with Singapore's legal framework, including the Civil Law Act and Unfair Contract Terms Act. When drafting an Indemnity Form, parties must clearly define the scope of protection, covered risks, and claims procedures while ensuring enforceability under Singapore law.

Suggested Sections

1. Parties: Identification of indemnifier and indemnitee with full legal names and addresses

2. Background: Context and circumstances leading to the indemnity

3. Definitions: Key terms used in the document including 'Indemnified Party', 'Losses', 'Claims'

4. Scope of Indemnity: Specific risks, losses, and damages covered by the indemnity

5. Duration: Time period for which the indemnity remains valid

6. Governing Law: Specification of Singapore law as governing law and jurisdiction

Optional Sections

1. Insurance Requirements: Details of required insurance coverage and maintenance obligations

2. Claims Procedure: Process for making and handling indemnity claims, including notice requirements

3. Limitations and Exclusions: Specific exclusions from indemnity coverage and limitation of liability provisions

Suggested Schedules

1. Schedule 1 - Covered Activities: Detailed list of activities, events, or circumstances covered by the indemnity

2. Schedule 2 - Excluded Risks: Specific risks or circumstances explicitly excluded from the indemnity coverage

3. Schedule 3 - Claims Process: Step-by-step procedure for making claims and required documentation

Authors

Alex Denne

Head of Growth (Open Source Law) @ 抖阴短视频 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Construction
Financial Services
Healthcare
Technology
Events Management

Relevant Teams

Legal
Risk Management
Finance
Compliance
Operations

Relevant Roles

Risk Manager
Legal Counsel
Compliance Officer
Project Manager
Chief Financial Officer

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Let's create your Indemnity Form

Authors

Alex Denne

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