✒️ Reservation of rights agreement
A reservation of rights agreement is a contract between an insurance company and an insured in which the insurance company agrees to provide a defense for the insured in the event of a lawsuit, but reserves the right to deny coverage if it is determined that the insured is not covered under the policy.
Note: Working on a legal issue?
Commercial Reservation of Rights Letter
Publisher
ƵJurisdiction
England and WalesAssociated business activities
Reserve rights under contract
A notice of reservation of rights is a notice that one party to a contract sends to the other party when they believe there has been a breach, when they want to make a change to the contract, or when they want to terminate the contract.
Reserve rights under loan agreement
The borrower may want to reserve their rights under the loan agreement to protect themselves from liability in case of default.
Try using Genie's Free AI Legal Assistant
Generate quality, formatted contracts with AI
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Let our Legal AI make edits for you
Ask Genie to edit your document in the same way you’d ask a paralegal. Genie makes track changes, and explains its thinking just like a junior lawyer would.
AI review
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs