When drafting contracts, using indemnity provisions and insurance clauses should be more than just a “copy and paste” operation. Such clauses should be tailored to the specific needs of the contracting parties. This article provides tips on drafting effective indemnification provisions and insurance clauses in contracts involving the sale or purchase of goods and services.
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The information in any resource collected in this virtual library should not be construed as legal advice or legal opinion on specific facts and should not be considered representative of the views of its authors, its sponsors, and/or ACC. These resources are not intended as a definitive statement on the subject addressed. Rather, they are intended to serve as a tool providing practical advice and references for the busy in-house practitioner and other readers.