Service to be provided:

Pinnacle will assist in developing/reviewing/editing and negotiating those sections within a contract pertaining to hold-harmless provisions and insurance related sections dealing with insurance requirements to be imposed, evidence of insurance compliance, waiver of subrogation, requested limits of insurance, etc.

Pinnacle's advice and counsel will be to develop contractual language that is both fair and reasonable. We will recommend risk transfer to the counter-party when it is appropriate to do so and to assume responsibility when it is reasonable to do so.

Why should such a service be considered?

Anyone entering into a contract with a third party knows that the most troublesome provisions of a contract are the sections dealing with hold-harmless clauses and insurance requirements. In regard to the former, the question of apportioning or transferring liability among the parties for injury or damage by a hold-harmless type provision has been tested adequately in the courts and, by and large, has been upheld as representing the contractual intent of the parties to the contract. In regard to the latter, it can be difficult in knowing what types of insurance should be required, along with what is an appropriate limit of insurance to require.

In contracting with Pinnacle, a professional insurance consultant can offer their knowledge and know how having negotiated countless contracts over their career. You can be assured that these sections of the contract are given the degree of professional attention that the business sections of the contract were or are given.