Indemnification provisions are present in many types of contracts- service agreements, leases, insurance contracts, and employment agreements - to name just a few. To "indemnify" someone is to promise to pay the cost of future damage, loss, or injury and therefore to protect them from future monetary damage. Indemnity provisions are common, "boilerplate" language. This leads many careful, … [Read more...] about What are Indemnification Provisions?