ºÚÁÏÊÓÆµ

Insurance Indemnification Agreement Template for Canada

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Insurance Indemnification Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Insurance Indemnification Agreement

"I need an Insurance Indemnification Agreement for a Canadian construction company operating in Ontario and Quebec, with specific coverage for project-related risks and cross-border operations, including bilingual requirements and coverage for subcontractor activities."

Document background
The Insurance Indemnification Agreement serves as a critical risk management tool in Canadian business operations, combining insurance coverage with indemnification obligations. This document is typically used when parties need to establish clear parameters for risk transfer and insurance requirements in their business relationships. It addresses specific Canadian legal requirements, including compliance with federal insurance regulations and provincial insurance acts, making it particularly important for cross-provincial operations. The agreement outlines insurance coverage requirements, claim procedures, payment terms, and regulatory compliance obligations, while considering unique Canadian legal considerations such as bilateral language requirements in Quebec. It's essential for businesses seeking to manage risk exposure while ensuring compliance with Canadian insurance regulations and provincial requirements.
Suggested Sections

1. Parties: Identification of all parties to the agreement, including full legal names and addresses

2. Background: Context of the agreement, relationship between parties, and purpose of the indemnification arrangement

3. Definitions: Detailed definitions of key terms used throughout the agreement

4. Scope of Indemnification: Clear outline of what losses, damages, or liabilities are covered under the indemnification

5. Insurance Requirements: Specific insurance coverage requirements, including types of insurance, minimum coverage amounts, and carrier ratings

6. Claims Procedure: Process for making and handling indemnification claims, including notification requirements and timelines

7. Duration and Termination: Term of the agreement and circumstances under which it can be terminated

8. Payment Terms: Terms and conditions for payment of premiums or fees, including payment schedules and methods

9. Representations and Warranties: Statements of fact and promises made by each party regarding their authority and compliance

10. Dispute Resolution: Procedures for resolving disputes, including jurisdiction and governing law provisions

11. General Provisions: Standard contractual provisions including notices, amendments, and severability

Optional Sections

1. Subrogation Rights: Details of insurer's right to pursue third parties, used when subrogation rights need to be preserved or waived

2. Cross-Indemnification: Mutual indemnification provisions, included when both parties are providing indemnification

3. Exclusions: Specific exclusions from indemnification coverage, used when certain risks need to be explicitly excluded

4. Security Requirements: Additional security or collateral requirements, included for high-value or high-risk agreements

5. Reporting Requirements: Specific reporting obligations, used when regular updates on risk status are needed

6. Compliance with Regulations: Specific regulatory compliance requirements, included when operating in heavily regulated industries

7. Force Majeure: Provisions for unforeseen circumstances, included when specific events should not trigger indemnification

8. Language Requirements: Language provisions for agreements in Quebec or involving international parties

Suggested Schedules

1. Schedule A - Insurance Coverage Requirements: Detailed specifications of required insurance coverage, including types, limits, and deductibles

2. Schedule B - Claim Form Template: Standard form for submitting indemnification claims

3. Schedule C - Premium Schedule: Detailed breakdown of premium payments and payment schedule

4. Schedule D - Excluded Risks: Comprehensive list of specifically excluded risks or circumstances

5. Schedule E - Contact Information: List of key contacts for claims, notices, and administration

6. Appendix 1 - Certificates of Insurance: Forms and requirements for insurance certificates

7. Appendix 2 - Compliance Checklist: Checklist of regulatory and compliance requirements

8. Appendix 3 - Risk Assessment: Detailed risk assessment and mitigation measures

Authors

Alex Denne

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

Relevant legal definitions


















































Clauses








































Relevant Industries

Insurance

Financial Services

Construction

Manufacturing

Healthcare

Transportation

Real Estate

Energy

Technology

Professional Services

Mining

Retail

Agriculture

Maritime

Aviation

Relevant Teams

Legal

Risk Management

Compliance

Finance

Operations

Insurance Administration

Corporate Affairs

Procurement

Treasury

Claims Processing

Regulatory Affairs

Contract Administration

Relevant Roles

Risk Manager

Legal Counsel

Insurance Broker

Compliance Officer

Chief Financial Officer

Contract Manager

Insurance Underwriter

Claims Manager

Corporate Secretary

General Counsel

Chief Risk Officer

Insurance Administrator

Business Development Manager

Operations Director

Project Manager

Corporate Treasurer

Insurance Policy Administrator

Regulatory Affairs Manager

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

Find the exact document you need

Insurance Book Of Business Purchase Agreement

A Canadian-law governed agreement for the transfer of insurance client portfolios and associated rights between insurance brokers or agencies.

find out more

Business Continuation Agreement Life (Insurance)

A Canadian legal agreement establishing business succession through life insurance funding upon an owner's death.

find out more

Cross Purchase Buy Sell Agreement Funded With Life (Insurance)

A Canadian-law governed agreement establishing terms for shareholders to purchase other shareholders' interests upon death, funded through life insurance policies.

find out more

Lease Agreement (Insurance)

A Canadian legal document establishing property lease terms with specific insurance requirements and risk allocation provisions, governed by federal and provincial laws.

find out more

Fronting Agreement (Insurance)

A Canadian-law governed agreement between a licensed insurer and reinsurer/captive for policy issuance and risk transfer arrangements, compliant with federal and provincial insurance regulations.

find out more

Agreement To Provide (Insurance)

A Canadian-law governed agreement establishing insurance coverage terms and conditions between an insurance provider and insured party.

find out more

Tenancy Agreement (Insurance)

A Canadian jurisdiction tenancy agreement that integrates standard lease provisions with specific insurance requirements and obligations for both landlord and tenant.

find out more

Party Wall Agreement (Insurance)

A Canadian-compliant Party Wall Agreement outlining insurance requirements and responsibilities for adjoining property owners sharing a common wall structure.

find out more

Hold Harmless Agreement (Insurance)

A Canadian legal document establishing indemnification terms and insurance requirements between parties, governed by federal and provincial laws.

find out more

Buy Sell Agreement (Insurance)

A Canadian-law governed agreement establishing terms for business interest transfers upon specific events, funded through insurance mechanisms.

find out more

Easement Indemnity Policy

A Canadian insurance policy protecting against risks and losses related to property easements, governed by federal and provincial regulations.

find out more

Insurance Distribution Agreement

A Canadian-compliant agreement governing the relationship between insurers and distribution partners, establishing terms for insurance product distribution.

find out more

Loss Portfolio Transfer Agreement

A Canadian-law governed reinsurance agreement transferring an insurance portfolio and associated liabilities from one insurer to another, subject to OSFI regulation.

find out more

Insurance Referral Agreement

Canadian-law governed agreement establishing terms and conditions for insurance client referrals between insurance providers and referring parties.

find out more

Insurance Premium Finance Agreement

A Canadian-compliant agreement enabling the financing of insurance premiums through a third-party lender, structured according to federal and provincial regulations.

find out more

Insurance Addendum

A Canadian-compliant modification document that amends existing insurance policy terms, conditions, or coverage elements under federal and provincial insurance regulations.

find out more

Disability Buyout Agreement

A Canadian legal agreement establishing terms for purchasing a business owner's interest upon disability, including valuation, funding, and transition procedures.

find out more

Insurance Non Compete Agreement

A Canadian-law governed agreement that restricts competition within the insurance industry, protecting business interests and client relationships while maintaining compliance with federal and provincial regulations.

find out more

Required Insurance Addendum To Lease Agreement

A Canadian legal document that supplements a lease agreement by specifying mandatory insurance requirements and obligations between landlord and tenant.

find out more

Personal Injury Liability Release Agreement

A Canadian legal agreement that releases liability for personal injuries in exchange for compensation, compliant with federal and provincial regulations.

find out more

Title Insurance Indemnity Agreement

A Canadian legal agreement where an indemnitor protects a title insurance company against specific title-related risks and losses, subject to federal and provincial regulations.

find out more

Disability Buy Sell Agreement

A Canadian legal agreement establishing terms for the mandatory purchase of a business owner's interest upon disability, including valuation methods and funding mechanisms.

find out more

Indemnification Hold Harmless And Insurance Agreement

A Canadian-law governed agreement establishing indemnification obligations, hold harmless provisions, and insurance requirements between parties for comprehensive risk management.

find out more

Temporary Insurance Agreement

A Canadian-compliant agreement providing temporary insurance coverage while permanent policy arrangements are being finalized.

find out more

Renters Insurance Agreement

A Canadian legal agreement establishing insurance coverage terms and conditions for renters, including property protection, liability coverage, and claims procedures.

find out more

Liability Insurance Agreement

A Canadian-compliant insurance contract establishing liability coverage terms, conditions, and obligations between an insurer and insured party under federal and provincial laws.

find out more

Life Insurance Agreement

A Canadian-compliant contract between an insurer and policyholder establishing terms for life insurance coverage and benefit payment.

find out more

Key Person Agreement

A Canadian law agreement establishing terms and conditions for retaining crucial employees, including special compensation, protection provisions, and insurance requirements.

find out more

Subrogation Agreement

A Canadian-law governed agreement transferring recovery rights from an insured to their insurer following a claim payment, enabling the insurer to pursue recovery against responsible third parties.

find out more

Life Settlement Agreement

A Canadian-compliant agreement for the sale of a life insurance policy from the original policy owner to a third-party purchaser, subject to provincial insurance and federal privacy regulations.

find out more

Insurance Indemnification Agreement

A Canadian-law governed agreement establishing insurance-backed indemnification terms between parties, specifying coverage, claims procedures, and regulatory compliance requirements.

find out more

Risk Transfer Agreement

A Canadian-law governed agreement facilitating the transfer of specified risks between parties, outlining transfer mechanisms, payment terms, and regulatory compliance requirements.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’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; ³Ò±ð²Ô¾±±ð’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.