Understanding General Agreements of Indemnity

This PowerPoint presentation provides an overview of general agreements of indemnity (GIAs), an explanation of why sureties require contractors to sign GIAs, and a list of key points to remember about GIAs. It also describes eight key provisions of the GIA: indemnification, the right to enforce the GIA, the right to settle, prima facie evidence, collateral, assignment, the right to examine books and records, and the duty to cooperate.