Liability, Indemnity & Insurance: Their Relationship
75 minutes – 10am PT / 1pm ET
Many contracts contain clauses in which one party agrees to indemnify another, one party assumes (or does not assume) liability and one or both parties are required to carry insurance.
This webinar will take you step by step through Liability, Indemnity and Insurance concepts and explain – in plain English – the important issues and meaning of the language.
More specifically, the webinar will address:
- What is Indemnity?
- How it differs from Liability clauses
- Damages covered under the Liability clauses
- Damages covered under the Indemnity clause
- Damages: Insurable and Non-Insurable
- Does insurance cover all liability and indemnity obligations under the contract?
- Significance of Insurance to Indemnity
- Avoiding conflict between Limitation of Liability and Indemnity clauses
- Important insurance considerations
TAKE AWAYS:
- Clearer understanding of Indemnity, Liability and their differences
- Ability to discuss these issues with Legal and Risk Management
- Practical approaches to resolution
- Comprehensive PP slide deck for future reference
WHO SHOULD ATTEND? Procurement, Sales, Contract Professionals, and anyone involved with contracts
If you’d like to submit a question for discussion, please email leslie@inkthedealseminars.com, in advance
Leslie S. Marell
Attorney | Speaker | Developer | Author