What does Exculpatory Provision mean? Read on to discover the definition & meaning of the term Exculpatory Provision - to help you better understand the language used in insurance policies.
An exculpatory provision is a clause in a contract that absolves one party from a liability or prevents that party from being sued. This clause is only recognized by the court if it deems it reasonable and not unconscionable.
We hope the you have a better understanding of the meaning of Exculpatory Provision.