What Does Retraction Provisions Mean?

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

Retraction Provisions

Retraction Provisions

Clauses contained in media professional liability policies stating that if an insured is sued (or threatened with suit) as a result of information that has been published but that is untrue or incorrect, the insured is required to publish a timely retraction of these misstatements.

We hope the you have a better understanding of the meaning of Retraction Provisions.

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