Business owners, do your contracts with customers have an indemnification provision?

Over the next few days, I'm going to be sharing with you some clauses that you should look for in your business contracts. The first clause is an indemnification provision, which is something you should definitely look for and make sure your contracts include. An indemnification clause provides one party with limited liability in the event that another party to the contract is harmed in any way. An example of this is when you rent from a rental car company. The rental car company's contract will likely include an indemnification provision, which basically states that you will not hold the rental car company liable for any injuries injuries that you sustain when driving their car. So if you own a business, make sure you have a strong indemnification provision in your contracts, and if you are signing another company's contract, make sure to read the indemnification provision to make sure it is not too strongly in favor of that party. Be sure to follow me to learn about 7 other important contract provisions that you should make sure are included in your contracts.