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An indemnity is a risk transfer used in contracts between two or more parties that allocates who will pay for certain types or causes of loss.
In accordance with the University鈥檚 Signing Authorizations Policy (B10-11) and Indemnity Approval Policy (AD 3.14) all contracts with either indemnity or insurance language must be sent to risk_srs@sfu.ca for review and approval before being presented for signature and execution by the authorized signing officer.