Reservation of Rights

Reservation of Rights definition

/rɛzəˈveɪʃ(ə)n/ /ɒv,(ə)v/ /rʌɪt/

What does Reservation of Rights mean?

An express indication by insurers stating that rights are reserved or there is a reservation of rights under the policy, means that indemnity under the insurance policy has not been confirmed. Any continued assistance provided by insurers is not to be deemed as waiving the position on insurance coverage.

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