Broad form hold harmless clause

{
  "id": "MLC-T-INS-000615",
  "term": "Broad form hold harmless clause",
  "field": "Insurance and risk management",
  "definition": "A contractual provision where one party agrees to indemnify and hold harmless another party from all liability, including that arising from the indemnitee's sole negligence. This clause transfers the maximum amount of risk from one party to another. It is often found in construction contracts and can significantly impact insurance requirements.",
  "subject": "Commercial Liability",
  "url": "https://mlchart.com/terminology/insurance/broad-form-hold-harmless-clause/"
}