Create a bespoke document in minutes, or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Subcontractor Insurance Agreement
"I need a Subcontractor Insurance Agreement under Saudi law for a large-scale solar power plant construction project, with specific coverage for environmental risks and professional indemnity, where the subcontractor will be providing both construction and design services."
1. Parties: Identification of the Principal Contractor and Subcontractor, including full legal names, registration numbers, and addresses
2. Background: Context of the agreement, reference to main contract, and project details
3. Definitions: Definitions of key terms used throughout the agreement, including insurance-specific terminology
4. Insurance Requirements: Detailed specification of required insurance types, coverage limits, and duration
5. Premium and Payment Terms: Details of insurance premium calculations, payment schedules, and responsibility for costs
6. Policy Maintenance: Obligations regarding maintenance of policies, renewal requirements, and notification of changes
7. Claims Procedure: Process for making claims, notification requirements, and cooperation obligations
8. Subcontractor Obligations: Specific duties of the subcontractor regarding insurance maintenance and compliance
9. Principal Contractor Rights: Rights of the principal contractor regarding verification, inspection, and enforcement
10. Duration and Renewal: Term of the agreement and conditions for renewal or extension
11. Termination: Circumstances and procedures for termination of the agreement
12. Governing Law and Jurisdiction: Specification of Saudi law as governing law and jurisdiction for disputes
1. Additional Insured Parties: Section for including other parties to be covered under the insurance policies, used when project involves multiple stakeholders
2. Professional Indemnity Insurance: Specific section for professional services coverage, required when subcontractor provides design or consulting services
3. Environmental Liability: Additional coverage requirements for environmental risks, needed for projects with environmental impact
4. Performance Bond Requirements: Details of performance bond requirements, included when additional security is needed
5. Islamic Insurance (Takaful) Provisions: Specific provisions for Sharia-compliant insurance, used when parties require Islamic insurance
6. Project-Specific Requirements: Additional insurance requirements specific to particular project types or locations
1. Schedule 1 - Minimum Insurance Requirements: Detailed list of required insurance types and minimum coverage amounts
2. Schedule 2 - Approved Insurance Providers: List of pre-approved insurance companies acceptable to the principal contractor
3. Schedule 3 - Claim Forms and Procedures: Standard forms and detailed procedures for making insurance claims
4. Schedule 4 - Premium Calculation Method: Detailed methodology for calculating insurance premiums
5. Appendix A - Certificate of Insurance Templates: Standard templates for insurance certificates to be provided
6. Appendix B - Risk Assessment Matrix: Risk assessment criteria and evaluation matrix
7. Appendix C - SAMA Compliance Checklist: Checklist ensuring compliance with Saudi Central Bank insurance regulations
Authors
Construction
Infrastructure Development
Oil and Gas
Real Estate Development
Manufacturing
Industrial Projects
Energy
Mining
Transportation
Commercial Development
Legal
Risk Management
Procurement
Operations
Finance
Compliance
Health and Safety
Project Management
Commercial
Insurance
Claims Management
Contract Manager
Legal Counsel
Risk Manager
Insurance Coordinator
Project Manager
Construction Manager
Compliance Officer
Chief Financial Officer
Operations Director
Procurement Manager
Health and Safety Manager
Claims Manager
Project Director
Commercial Manager
Find the exact document you need
Agreement Of (Insurance)
A Shariah-compliant insurance agreement (Takaful) governed by Saudi Arabian law, establishing insurance coverage terms and conditions under SAMA regulations.
Contractor All Risk (Insurance)
A Saudi Arabian-compliant insurance policy providing comprehensive risk coverage for contractors in construction projects, combining material damage and third-party liability protection.
Contract Works (Insurance)
Saudi Arabian Contract Works Insurance agreement providing comprehensive construction project coverage under Saudi law and Sharia principles.
Contractual Liability (Insurance)
A Saudi Arabian law-governed insurance policy covering contractual liability risks, structured in compliance with SAMA regulations and Shariah principles.
Contract Of Marine (Insurance)
A Sharia-compliant marine insurance contract under Saudi Arabian law, detailing marine risk coverage, terms, and claims procedures for maritime operations.
Service Contract Liability (Insurance)
A Sharia-compliant Service Contract Liability Insurance agreement for use in Saudi Arabia, providing coverage for service providers' contractual liabilities.
Life Insurance Indemnity Contract
A Shariah-compliant life insurance contract under Saudi Arabian law providing financial protection through a cooperative insurance model.
Insurance Broker Contract
A Saudi Arabian law-governed agreement establishing the terms and conditions between an insurance broker and client, ensuring SAMA regulatory compliance.
Hold Harmless Agreement (Insurance)
A Saudi Arabian law-governed agreement establishing indemnification and hold harmless provisions between parties, compliant with local insurance regulations and Sharia principles.
Buy Sell Agreement (Insurance)
A Saudi Arabian law-governed agreement establishing insurance-funded purchase arrangements for business interests, compliant with both commercial and Shariah law requirements.
Binder Agreement (Insurance)
A Saudi Arabian law-governed agreement delegating insurance underwriting authority from an insurer to a coverholder, ensuring compliance with SAMA regulations and Sharia principles.
Agency Agreement (Insurance)
A Saudi Arabian law-governed agreement establishing the terms and conditions between an insurance company and its appointed agent, ensuring regulatory and Sharia compliance.
Insurance Introducer Agreement
Saudi Arabian law-governed agreement establishing terms for insurance client introductions, ensuring SAMA and Sharia compliance.
Public Adjuster Contract
A Saudi Arabian law-governed agreement between a public adjuster and client for professional insurance claim adjustment services, compliant with SAMA regulations and Shariah law.
Title Insurance Indemnity Agreement
A Saudi Arabian law-governed agreement establishing title insurance indemnification terms, compliant with both civil law and Shariah principles.
Fine Print Renters Insurance Agreement
A Sharia-compliant renters insurance agreement governed by Saudi Arabian law, protecting tenants' personal property and liability in rental properties.
Subcontractor Insurance Agreement
A Saudi Arabian law-governed agreement establishing insurance requirements and obligations between principal contractors and subcontractors, ensuring regulatory compliance and risk protection.
Insurance Letter Of Agreement
A Saudi Arabian law-governed agreement establishing insurance terms and conditions between insurer and insured, compliant with SAMA regulations and Shariah principles.
Health Insurance Agreement
A Saudi Arabian law-compliant agreement establishing health insurance terms between insurer and policyholder, meeting CCHI regulations and Shariah principles.
Insurance Indemnity Contract
A Saudi Arabian law-governed insurance contract establishing indemnity coverage terms between insurer and insured, compliant with SAMA regulations and Shariah principles.
Subrogation Contract
A Saudi Arabian law-compliant agreement transferring rights from an insured party to their insurer following claim settlement, structured to meet both civil and Shariah law requirements.
Download our whitepaper on the future of AI in Legal
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our for more details and real-time security updates.
Read our Privacy Policy.