If you have a service contract but just need to add in an indemnification clause, this is for you! An indemnification clause states that you are contractually transferring risk between two contractual parties. This is used to prevent loss or compensate for a loss that may occur between you and your client as a result of a specified third-party claim and ensures the client will cover you and your business for all third-party claims against you. This clause features three options for you to choose from  (mutual indemnification, and two options for one-sided indemnification).