Hold Harmless Agreements: Are They Really That Promising?

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May Not Guarantee Protection

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Two main types of hold harmless agreements exist: unilateral and reciprocal

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Examples of hold harmless clauses range from sports club memberships to apartment leases.

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Businesses may find value in hold harmless agreements as part of their liability insurance policies, minimizing reputation risks and financial impacts from potential litigation.

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Hold Harmless Agreements: Are They Really That Promising?

May Not Guarantee Protection

Hold harmless agreements may not guarantee protection if vague, overly broad, or subject to coercion.

Two main types of hold harmless agreements exist: unilateral and reciprocal

Types

Examples of hold harmless clauses range from sports club memberships to apartment leases.

Businesses may find value in hold harmless agreements as part of their liability insurance policies, minimizing reputation risks and financial impacts from potential litigation.

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