What Are the Financial Benefits of a “Hold Harmless” Agreement?

If a “hold harmless” agreement or clause is properly written, acknowledged and/or displayed, the indemnified party (the one issuing the “hold harmless” statement) can reap substantial legal and financial benefits. Legal fees for even the smallest lawsuit can easily reach into the hundreds of thousands of dollars before any settlement is awarded. A “hold harmless” agreement can avoid that cost, as well as, all other legal fees associated, if, and, only if, it is legally written, properly displayed or identified and lawfully delivered. This is where HELD HARMLESS comes-in…

So What Is “HELD HARMLESS” and How Does It Work?

Although “hold harmless” agreements and clauses can be effective, they are grossly misused or misunderstood.  This is where the most common defense of “I never saw the sign” or “I never understood what I read in the contract” effectively works, although, not in your favor.  These simple words of “I didn’t see or read…” can cost you a fortune, especially in a lawsuit.

Alternatively, in an effective way of eliminating the claim of “I never saw the sign” or “I never understood what I read in the contract”, HELD HARMLESS legally, lawfully and affordably publishes your “hold harmless” clauses to the national general public via constructive notice, thereby, lawfully enforcing your “hold harmless” claims.  Constructive notice is a legally acceptable form of notifying the general public by means other than physical delivery.

How Do HELD HARMLESS and Constructive Notices Work Together?

The concept of HELD HARMLESS is as simple as a “hold harmless” agreement or clause.  The exception is that HELD HARMLESS assures and reassures your notices are legally, lawfully and irrevocably published and recognized by the national general public in accordance with State and Federal laws; without contest or protest.  By lawful use of the provisions of constructive notice, combined with the long-standing legal acceptance of “hold harmless” agreements or notices, you, your Family, your business, your products or your services can all be shielded from insurance claims, lawsuits or other similar actions.

It is for these reasons that HELD HARMLESS combines our product into a “membership” format. “Legal Notice by Publication” (constructive notice) requires that the general public has free access and abundant knowledge of a legal notice to be binding and acceptable as a lawful defense. Therefore, along with our national publication in The Wall Street Journal, the USAToday and The Held Harmless National Registry (online), each member also plays a role by recognizing and identifying one another as “held harmless”. In so doing, each member is collectively creating a “legal chain”, “legal witness” and support team which sets a lawful precedence certifying that the national general public is well aware of your officially posted and disseminated “held harmless” position(s) via HELD HARMLESS .

As a result, each and every Individual or Business Membership to HELD HARMLESS represents the lawful dissemination, publication, broadcast, distribution and delivery of your legal notices to the National General Public (each and every person - 24 hours a day and 7 days a week) which keeps you or your business “held harmless” from losses, injuries or damages sustained by others.

The HELD HARMLESS Fundamentals:

HELD HARMLESS is an old concept made anew.  Although it takes the length of this website to explain and jump-start our product, it will soon be as universal and perhaps supersede the costly concept of “insurance”.

In 2010 it is common knowledge that there are hundreds of ways of filing an insurance claim or lawsuit, yet, there has never been a product offered which prevents and/or shields against them – until now.  HELD HARMLESS is the only truly affordable and legally proven product available that can lawfully shield you, your family and your business from insurance claims, lawsuits or other similar actions, thereby, preventing you or your business from having to file them, face them or financially defend them.

HELD HARMLESS is a unique and dynamic product that is not only altering and reforming the insurance, legal and healthcare industries, but it is changing lives.  Insurance, tort reform and healthcare reform advocates across America claim that HELD HARMLESS is unlike any other product, policy or legal service they have ever seen.

Benjamin Franklin once said, "An ounce of prevention is worth a pound of cure.”  And we agree!  That is why HELD HARMLESS is so affordable. With HELD HARMLESS, you are paying pennies (today) for a “preventative ounce” rather than spending dollars (tomorrow) for a “pound of cure”.

HELD HARMLESS is so powerful, the insurance industry looks upon it as an excellent means of lowering the cost of insurance.  That is because HELD HARMLESS reduces the overall number of national insurance claims by preventing and shielding against them. Therefore, with a reduction in insurance claims comes the reduction in the number of lawsuits. With the insurance companies saving money, they can pass that savings on to its customers in the form of lower insurance rates, thereby, making policies more affordable and more accessible.  Less Insurance Claims and Fewer Lawsuits = Affordable Insurance for Everyone!

The fact is, people and businesses across America already spend billions of dollars each year on insurance products and legal services specifically used to protect their assets when a problem arises. Unfortunately, these insurance products and legal services only take effect after insurance claims and lawsuits are filed, thus, leaving assets directly in the line-of-fire. HELD HARMLESS, on the other hand, was specifically created to save individuals and businesses time and money by preventing and shielding from insurance claims, lawsuits, and everything else in between; BEFORE they arise.