This is a Contractor Indemnification form, to be used across the United States. It is used to protect yourself against lawsuits by a Contractor's Employees.
This is a Contractor Indemnification form, to be used across the United States. It is used to protect yourself against lawsuits by a Contractor's Employees.
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Thus, it is critical for every contractor to understand the meaning of indemnification before executing a contract. An indemnification provision is a contractual provision under which one party (the indemnitor) agrees to assume liability for the losses incurred by another party (the indemnitee).
In addition, Kentucky has an anti-indemnity statute relating to construction contracts. If you are seeking to contractually indemnify you or your business, it is recommended that you consult a lawyer to review the provision.
If your disability rating is 50% or less, you can receive permanent partial disability benefits for 425 weeks. If your disability rating is more than 50%, you can receive workers' compensation benefits for 520 weeks.
?The Kentucky Workers' Compensation Act was enacted in 1916. Workers' Compensation is a safety net for employees, providing medical care and monetary benefits when an employee cannot work due to a work-related injury or occupational disease.
The statute of limitations for Kentucky workers' compensation claims is two years. You must file your claim within two years of either sustaining a work-related injury in an accident or discovering the injury.
Waivers of Subrogation: Not allowed and it is against public policy in Kentucky for an owner or employer to require another employer to provide a waiver.
342.700 Remedies when third party is legally liable -- Liability and indemnification rights of principal contractors, intermediates, and subcontractors -- Requirement of waiver of remedies for award of contract unlawful.
A contractor's right to seek indemnification from a subcontractor is subject to the following limitations: The contractor must be entirely without fault. The contractor must have an obligation to pay someone else because of some type of derivative or vicarious liability for the actions of the subcontractor.