Offshore

Insurance

Indemnity To Principal Clause

This is a clause which requires a contractor to satisfy a clause within their contract, or the requirement for a contractor’s liability policy to be extended, so that if a claim were to be made against your principal for work you have done, your insurance policy would pay out as if the claim was against you.

Contractors working in the energy industry, particularly offshore, are often required to have an Indemnity to Principals Clause in their policy.

An Indemnity to Principals clause is automatically included in policies which are purchased through Offshore Insurance, at no extra charge.

Indemnity to principals clause