Deed of Indemnity for Directors

A Deed of Indemnity for Directors is a legal agreement between a company and a company director or company officer.

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Last updated February 24, 2025

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Suitable for Australia

Deed of Indemnity for Directors

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What is a deed of indemnity for directors?

A deed of indemnity for directors is a legal agreement where a company promises to cover certain liabilities and legal costs incurred by its directors or officers while performing their duties.
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When should you use a deed of indemnity for directors?

You should use a deed of indemnity when a director or officer wants explicit protection from personal liability arising from their company role, especially for legal costs or claims related to their official actions.
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What should be in a deed of indemnity for directors?

A deed of indemnity should include indemnity clauses, details of covered liabilities and costs, insurance provisions, rights and remedies, and clear terms outlining the company's obligations to the director.
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Frequently asked questions

What key protections does this deed offer?

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Does this deed protect former directors?

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Can this deed cover all types of liabilities?

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Who needs to sign the deed for it to be valid?

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What are the financial risks for the company?

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How does this deed interact with director’s insurance?

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What steps should be taken after signing?

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View Sample Deed of Indemnity for Directors

Deed of Indemnity for Directors
risk level indicator at Medium level

The Legal Risk Score of a Deed of Indemnity for Directors Template is Medium

Our legal team have marked this document as medium risk considering:

  • The document places significant financial obligations on the Company, including covering various liabilities, costs, and expenses which could impact the Company's financial stability if claims are substantial.
  • The document must be signed as a deed in order to be effective.

Users familiar with such documents should carefully consider the potential financial and operational impacts on the Company before proceeding, ensuring it aligns with their risk management strategies and corporate governance standards.

Meet Our Users

Articles about Deed of Indemnity for Directors

A Guide to Understanding Indemnity Clauses With Examples
By Raja Abbas|May 14, 2025

A Guide to Understanding Indemnity Clauses With Examples

Learn about indemnity clauses, what they are, how they operate, and how it impacts your business or employees.

Everything Company Directors Should Know About Liabilities
By Angela Omari|Nov 26, 2025

Everything Company Directors Should Know About Liabilities

Liabilities of directors can take many forms. What if you could avoid being personally liable when things go wrong? Find out all the details.

Indemnity Clause: What Are They and Should I Use Them?
By Andrew Huynh|May 29, 2020

Indemnity Clause: What Are They and Should I Use Them?

An indemnity clause is a legally binding promise in which one party undertakes to accept the risks of loss or damage that another party may suffer.

6 Key Duties of Company Directors in Australia
By Mai Sarkissian|Nov 26, 2025

6 Key Duties of Company Directors in Australia

All company directors in Australia have to abide by directors duties as outlined in the Corporations Act. Find out more here.

What is a Deed and How Do You Execute One?
By Mai Sarkissian|Nov 4, 2021

What is a Deed and How Do You Execute One?

Knowing what a deed is and how to execute one can be vitally important for any business owner or individual alike. Read on here.

What is Indemnity Insurance?
By Sydney Rae|Jul 26, 2016

What is Indemnity Insurance?

How to Protect Your Business from Potential Legal Action.

When Directors Are Liable for Company Debts
By Christopher Tsiknas|Dec 5, 2025

When Directors Are Liable for Company Debts

Are you a company director? Here’s when you’ll be liable for company debts.

'Safe Harbour Principle': How It May Affect You
By Naga Vamaraju|Mar 4, 2019

'Safe Harbour Principle': How It May Affect You

The Safe Harbour Principle means that directors are now protected when they take actions to revive their insolvent company.

How to Deal with Director Disputes in Your Company
By Gopi Giri|Sep 17, 2019

How to Deal with Director Disputes in Your Company

Director disputes are highly common. They can significantly impact the workplace and a company's performance. Here are some ways to deal with them.

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