What does Exculpatory Clause mean? Read on to discover the definition & meaning of the term Exculpatory Clause - to help you better understand the language used in insurance policies.
A provision in a contract that relieves one party of all liability to the other in connection with the performance of the contract. The enforceability of an exculpatory clause may be restricted by common or statutory law or by legal precedent in a given jurisdiction.
We hope the you have a better understanding of the meaning of Exculpatory Clause.