Template:Indemnity description: Difference between revisions

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=====It does ''not'' require a [[breach of contract]]=====
=====It does ''not'' require a [[breach of contract]]=====
Meanwhile, note a point of profound importance. While ''failing to honour'' an [[indemnity]] claim is a [[breach of contract]], the circumstances giving rise to an [[indemnity claim]] in the first place are ''not''. No breach is needed, no [[causation]] is required, no value judgment needed to satisfy the [[indemnifier]] of your ''[[bona fide]]s''. Recovering for a failure to honour a (well-crafted) [[indemnity]] is therefore straightforward: You must show these things have happened, that you have demanded the [[indemnified sum]] from [[indemnifier]]; and that the [[indemnifier]] has not paid it.
Meanwhile, note a point of profound importance. While ''failing to honour'' an [[indemnity]] claim is a [[breach of contract]], the circumstances giving rise to an [[indemnity claim]] in the first place are ''not''. No breach is required, no [[causation]] or value judgment needed to satisfy the [[indemnifier]] of your ''[[bona fide]]s''. Recovering for failure to honour a (well-crafted) [[indemnity]] is therefore straightforward: You must show the event giving rise to the indemnity has happened, that you have demanded the [[indemnified sum]] from [[indemnifier]]; and that the [[indemnifier]] has not paid it.


=====It is not (necessarily) of indeterminate scope=====
=====It is not (necessarily) of indeterminate scope=====