Document background
The Easement Indemnity Policy is a specialized insurance contract designed to address risks associated with uncertain or defective easement rights in Ireland. This document becomes necessary when there are concerns about the validity, extent, or exercise of easement rights affecting a property, particularly in situations involving missing documentation, uncertain historical rights, or potential disputes. The policy typically includes detailed schedules describing the property and easement rights, coverage terms, exclusions, and claims procedures, all aligned with Irish property law and insurance regulations. It is commonly required in property transactions where easement issues could affect the property's value or usability, or when lenders require such protection as a condition of financing. The document must comply with both the Insurance Act 1936 and the Land and Conveyancing Law Reform Act 2009, among other relevant Irish legislation.
