An indemnification clause ensures that you don’t face civil damages in several legal situations. In this article, we discuss indemnification, how it works in legal contracts, different types of indemnification, …

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 event.

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 compensate its …

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

Nov 27, 2025 · An indemnification agreement is a contractual promise by one party to compensate the other party for certain defined losses or liabilities that may arise from a specified event. This promise …

Indemnification is a fundamental aspect of contract law that refers to the duty of one party to reimburse another for any losses or damages incurred. It serves as a form of protection, shielding the …

Apr 10, 2025 · When parties enter into a contract, they often include an indemnification clause to protect one or both parties from potential financial losses and cost implications.

Mar 13, 2025 · An indemnification clause is an agreement where one party (the indemnitor) agrees to compensate another party (the indemnitee) for losses incurred under particular circumstances that …

The meaning of INDEMNIFICATION is the action of indemnifying.

Introduction Contracts allocate risk, and few provisions do this more directly than the indemnification clause. If you’ve ever wondered “What is indemnification?”, “What does indemnify mean?”, or “What …