Document background
The Hold Harmless Agreement serves as a critical risk management tool in Indonesian business and personal transactions. This document is essential when parties need to clearly define and allocate risk in situations where one party wishes to be protected from liability for potential injuries, losses, or damages that might occur during specific activities or circumstances. The agreement must be structured in accordance with Indonesian Civil Code requirements and related regulations, including consumer protection laws. Hold Harmless Agreements are particularly valuable in business relationships involving inherent risks, such as construction projects, property usage, or service provision. The document typically includes detailed descriptions of covered activities, express waiver language, and specific terms of indemnification, all crafted to be enforceable under Indonesian jurisdiction.
