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Hold Harmless Agreement (Insurance) Template for Netherlands

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Key Requirements PROMPT example:

Hold Harmless Agreement (Insurance)

"I need a Hold Harmless Agreement (Insurance) for my construction company in Amsterdam, covering subcontractor activities and equipment usage on multiple sites, with comprehensive insurance requirements including liability coverage of at least €5 million, starting from March 1, 2025."

Document background
This Hold Harmless Agreement (Insurance) is designed for use in the Netherlands when parties need to establish clear risk allocation and indemnification arrangements within an insurance context. The document is particularly relevant when businesses or individuals seek to transfer or manage specific risks through contractual arrangements supported by insurance coverage. It addresses key requirements under Dutch law, including compliance with the Dutch Civil Code and Financial Supervision Act, while incorporating insurance industry standards and best practices. The agreement typically includes detailed provisions on insurance requirements, claims procedures, and liability limitations, making it essential for risk management in various business relationships. It serves as a crucial tool for protecting parties against potential losses while ensuring compliance with Dutch insurance regulations and contractual law principles.
Suggested Sections

1. Parties: Identification and details of the parties entering into the agreement - the indemnitor (party providing protection) and indemnitee (party being protected)

2. Background: Context of the agreement, relationship between parties, and general purpose of the hold harmless arrangement

3. Definitions: Key terms used throughout the agreement, including specific insurance-related terminology

4. Scope of Indemnification: Detailed description of what risks, losses, or damages are covered by the hold harmless provision

5. Insurance Requirements: Specific insurance coverage requirements, including types of insurance, minimum coverage amounts, and rating requirements for insurers

6. Duration: Term of the agreement, including start date and end date or conditions for termination

7. Notice Requirements: Procedures and timeframes for providing notice of claims or potential claims

8. Claims Procedure: Process for handling claims, including cooperation requirements and claims management

9. Governing Law and Jurisdiction: Specification of Dutch law as governing law and designation of competent courts

10. Entire Agreement: Standard clause confirming this document represents the complete agreement between parties

Optional Sections

1. Force Majeure: Applicable when parties want to address extraordinary circumstances that may affect the indemnification obligations

2. Subrogation Rights: Include when there's a need to address insurance company's rights to pursue third parties

3. Cross-Indemnification: When both parties are providing reciprocal hold harmless protection

4. Limitations on Indemnification: When specific exclusions or caps on indemnification are needed

5. Assignment: When transfer of rights under the agreement needs to be addressed

6. Dispute Resolution: Include when parties want to specify alternative dispute resolution methods before court proceedings

7. Severability: Include when parties want to ensure partial invalidity doesn't affect entire agreement

Suggested Schedules

1. Schedule A - Insurance Requirements: Detailed specifications of required insurance policies, coverage limits, and insurer qualifications

2. Schedule B - Covered Activities: Detailed list of activities, operations, or circumstances covered by the hold harmless provision

3. Schedule C - Excluded Risks: Specific listing of risks or circumstances explicitly excluded from the hold harmless protection

4. Appendix 1 - Notice Forms: Standard forms for providing notice of claims or potential claims

5. Appendix 2 - Claims Handling Procedures: Detailed procedures for processing and managing claims

6. Appendix 3 - Insurance Certificates: Template certificates of insurance and requirements for proof of coverage

Authors

Alex Denne

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

Relevant legal definitions








































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Relevant Industries

Insurance

Construction

Manufacturing

Real Estate

Healthcare

Transportation and Logistics

Energy

Financial Services

Professional Services

Technology

Maritime

Aviation

Events and Entertainment

Retail

Relevant Teams

Legal

Risk Management

Compliance

Finance

Operations

Procurement

Insurance

Claims

Corporate Affairs

Business Development

Contract Administration

Relevant Roles

Risk Manager

Insurance Manager

Legal Counsel

Compliance Officer

Contract Manager

Chief Financial Officer

Operations Director

Project Manager

Insurance Broker

Claims Manager

General Counsel

Business Development Manager

Procurement Manager

Corporate Secretary

Risk Analyst

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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