What Does Settlement Agreement Mean?

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

Settlement Agreement

Settlement Agreement

Settlement agreement refers to the contract signed by two parties, usually involving a civil suit, that terminates a dispute and prevents one party from making claims and demands in the future regarding the issue contested and resolved in the contract.

We hope the you have a better understanding of the meaning of Settlement Agreement.

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