Unlike a simple exclusion clause that merely limits a party's own liability, an indemnification clause creates an active obligation: one party undertakes to defend the other against third-party claims and to compensate for resulting losses.
Source: https://www.lawinsider.com/dictionary/indemnification-clause
Matching tools and partners
Analyze all 11 Incoterms 2020: cost matrix, risk timeline, insurance gap detector and customs responsibility – free, no login required.
Verified forwarders, ranked by coverage and profile — premium capped at 10%.
Free · No password · Never a paywall. Weekly top news and facts from logistics.
Share your knowledge, ask follow-up questions, or add practical insights to this page. Every contribution is moderated before publication.