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Drafting Insurance and Indemnification Provisions in Real Estate Contracts
Insurance and indemnity provisions applicable to the contracting parties are major elements of well-drafted leases and construction agreements. Parties frequently utilize insurance as a means to manage and allocate risk. However, insurance is an ever-changing field in both nomenclature and substance. An attorney drafting and negotiating such agreements on behalf of a client needs to understand not only the risks of loss, but also the insurance products currently available to insure against those risks. Also, parties must carefully track the changes in indemnity law which may affect their agreements. Come listen to our experts as they discuss the availability and role of insurance in risk management and the drafting of insurance, indemnity, and other key protective provisions.
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