What Does Release Mean?

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What does Release mean? Read on to discover the definition & meaning of the term Release - to help you better understand the language used in insurance policies.

Release

Release

A release is a settlement between two parties that prevents one of the parties from further pursuing claims or court litigation or action against the other party. After covering damages, insurance companies often make a person sign a release form to protect themselves from future pay-outs.

We hope the you have a better understanding of the meaning of Release.

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