nonwaiver agreement

nonwaiver agreement. Insurance. A contract (supplementing a liability-insurance policy) in which the insured acknowledges that the insurer’s investigation or defense of a claim against the insured does not waive the insurer’s right to contest coverage later. Cf. RESERVATION-OF-RIGHTS LETTER. [Cases: Insurance 3120. C.J.S. Insurance § 824.]

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词条贡献者

资深译员Chris，毕业于一所培养高级翻译以及跨文化事务专家的精英大学，专注翻译各种与卫星及航天技术诉讼有关的法律文件。