B. Forms of title policies and other contracts of insurance, as used in this section, shall specifically exclude:

1. 1. Reinsurance contracts or agreements.
2. 2. All specific defects in title that may be ascertained from an examination of the risk and excepted in reports, binders or policies, together with any affirmative assurance of the title insurer with respect to the defects whether given by endorsement or otherwise.
3. 3. Further exceptions from coverage by reason of limitations on the examination of the risk imposed by an applicant for insurance or through failure of an applicant for insurance to provide the date requisite to a judgment of insurability.

C. An agreement by a person to indemnify or hold harmless a title insurer from risks that arise from an instrument that is or becomes properly recorded and indexed in the office of the county recorder is enforceable only if the agreement is in writing and any of the following applies:

1. 1. The instrument was not of record at the time the agreement was executed.
2. 2. The instrument is specifically described in the agreement.
3. 3. The instrument is shown as an exception from coverage in the title insurance policy.
4. 4. The instrument is or secures a monetary obligation of the person and remains an outstanding and enforceable debt. An improvement district assessment is not a monetary obligation of the person.
5. 5. The agreement indemnifies for or holds harmless against liens that arise from work or labor done or professional services, materials, machinery, fixtures or tools furnished on the insured property.