A release clause is a contractual provision that specifies the cases in which the insurer is not obliged to intervene. This may include, for example, damage caused by intentional behaviour, fraud or negligence.
This clause ensures that insurance does not provide unlimited cover and that there is a balance between responsibility and protection. It is important to properly understand the indemnity clause in your policy so that you know which situations are excluded and what you can do to avoid potential problems.
Disclaimer
This page is part of a lexicon and does not provide product information or contractual details on insurance services. For specific information, please refer to the official documentation or contact your insurance agent.