Deed of Indemnity (General)

This Deed may be used to secure an indemnity from one party to another- that is, an obligation to remunerate the other party for any loss or damage incurred as a result of a particular event.

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Last updated January 14, 2025

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Suitable for Australia

Deed of Indemnity (General)

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What is a deed of indemnity (general)?

A deed of indemnity (general) is a legal agreement where one party promises to compensate another for specific losses or damages resulting from certain events or actions.
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When should you use a deed of indemnity (general)?

Use this deed when you need a formal commitment from one party to cover losses or damages another party might suffer, often in business transactions or contracts involving risk.
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What should be in a deed of indemnity (general)?

It should clearly state the parties’ obligations, the events that trigger indemnity, notification and payment procedures, and include standard terms such as dispute resolution.
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Frequently asked questions

Who typically benefits from this deed?

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What risks are involved for the indemnifier?

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Does this deed comply with Australian laws?

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How is the deed properly executed?

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What information must be kept up to date?

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How do you monitor ongoing compliance?

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What protections does this deed offer the indemnified party?

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View Sample Deed of Indemnity (General)

Deed of Indemnity (General)
risk level indicator at Medium level

The Legal Risk Score of a Deed of Indemnity (General) Template is Medium

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

  • The guarantor is required to cover all payments and obligations of the company if it fails to meet its commitments, which could lead to significant financial liability.
  • The lender has the authority to obtain and exchange information about the guarantor’s personal and commercial credit, potentially affecting the guarantor's privacy and credit status.
  • The deed has specific signature requirements.

Meet Our Users

Articles about Deed of Indemnity (General)

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.

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.

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.

The Difference Between Indemnities and Insurances
By Meru Sharma|Jul 8, 2020

The Difference Between Indemnities and Insurances

Indemnities and insurances are a means of managing risk and transferring financial losses. However, they differ in the manner they shift the risk.

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

What is Indemnity Insurance?

How to Protect Your Business from Potential Legal Action.

Benefits of Having Professional Indemnity Insurance
By BizCover|Oct 16, 2020

Benefits of Having Professional Indemnity Insurance

Even where it's not mandatory, having Professional Indemnity Insurance is a good idea for those who work in professional industries.

What are Indemnities in Contracts?
By Meru Sharma|Jul 22, 2020

What are Indemnities in Contracts?

Indemnities are clauses in a contract where one party (the indemnifier) promises to protect another party (the indemnified). Find out more here.

What’s the Difference Between Guarantees and Indemnities?
By Ilyas Omari|May 23, 2024

What’s the Difference Between Guarantees and Indemnities?

Have you ever wondered what the difference between guarantees and indemnities is? Read this article to find out.

What Are Professional Indemnity Risks?
By BizCover|Feb 22, 2024

What Are Professional Indemnity Risks?

Need information on professional indemnity risks and how to navigate them? This article explores everything you need to know about professional indemnity risks.

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