Yes, if the indemnity agreement is clear and fair, it can be upheld in court. It's your safety net when push comes to shove!
Not quite! Indemnities are agreements between parties, while insurance is about paying premiums to a company to handle risks. They’re like different sides of the same coin.
Consider the risks involved and the potential costs if things go south. It’s good to keep your eyes peeled and make sure everything is crystal clear.
To get indemnified, you usually sign a contract that clearly outlines the terms and what is being protected. It's like having a sturdy umbrella when you expect rain!
Anyone entering contracts or deals, like businesses and landlords, might need indemnities to safeguard themselves from unexpected troubles down the road.
Indemnities are promises to compensate someone for harm or loss. In Plano, these can often relate to agreements to protect against potential legal consequences.