Hold Harmless Clause
🛡️ Insurance
Quick Definition
A hold harmless clause is a legal agreement in which one party agrees not to hold the other party liable for any loss, damage, or legal liability.
Examples
- 1A construction company includes a hold harmless clause in its contract with a client to avoid liability for injuries that occur to third parties due to the client’s negligence.
- 2A fitness center requires members to sign a hold harmless agreement to prevent lawsuits if members are injured while using the gym equipment.
- 3In a property lease, the landlord might include a hold harmless clause to ensure that the tenant is responsible for any accidents or damages that occur on the premises.
- 4A software company includes a hold harmless clause in its licensing agreement to protect against liabilities from software malfunctions that cause user losses.
Tags
legal agreementliabilitycontractinsurancerisk
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Quick Info
Category:Insurance
Difficulty:intermediate
Last Updated:6/19/2025