What does General Indemnity Clause mean? Read on to discover the definition & meaning of the term General Indemnity Clause - to help you better understand the language used in insurance policies.
General Indemnity Clause
A hold harmless agreement that refers exclusively to fault or negligence of the indemnitor, without explicitly mentioning how it will respond with respect to fault of the indemnitee. Under the law of some states, such agreements are interpreted as transferring only the indemnitee's passive or vicarious liability.
We hope the you have a better understanding of the meaning of General Indemnity Clause.