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Release Of All Claims Form Car Accident
"I need a Release of All Claims Form Car Accident for a settlement between myself and another private driver following a collision in Kuala Lumpur on January 15, 2025, with an agreed settlement amount of RM25,000 covering both personal injury and vehicle damage."
1. Parties: Identifies all parties involved in the agreement, including the Releasor (person making the claim) and Releasee (person being released from claims), including their full legal names and addresses
2. Background: Describes the accident, including date, time, location, and brief circumstances of the incident
3. Definitions: Defines key terms used in the agreement including 'Claims', 'Accident', 'Settlement Amount', and other relevant terms
4. Settlement Amount: Specifies the agreed settlement amount and payment terms
5. Release: The core provision releasing the Releasee from all claims, demands, and causes of action related to the accident
6. No Admission of Liability: States that the settlement and release do not constitute an admission of liability by any party
7. Confidentiality: Outlines the confidentiality obligations regarding the terms of the settlement
8. Entire Agreement: Confirms that this document represents the complete agreement between the parties
9. Governing Law: Specifies that Malaysian law governs the agreement
10. Execution: Signature block and execution details for all parties
1. Medical Expenses: Detailed breakdown of medical expenses when specific medical costs are being claimed and settled
2. Future Claims: Additional provisions for potential future claims if there's a possibility of latent injuries
3. Insurance Company Involvement: Specific provisions when insurance companies are directly involved in the settlement
4. Property Damage: Detailed section about vehicle or property damage when material damage is part of the settlement
5. Third Party Rights: Provisions regarding rights of third parties when additional parties might have claims
6. Translation Certificate: Required when any party requires the agreement in multiple languages
1. Schedule 1 - Accident Report: Copy of the official police report or accident report
2. Schedule 2 - Medical Records: Relevant medical reports and records documenting injuries and treatment
3. Schedule 3 - Damage Assessment: Vehicle damage assessment reports and repair estimates
4. Schedule 4 - Proof of Expenses: Documentation of all expenses being claimed and covered by the settlement
5. Appendix A - Witness Statements: Statements from witnesses to the accident, if any
6. Appendix B - Photographs: Photographs of the accident scene, vehicle damage, and/or injuries
Authors
Insurance
Legal Services
Automotive
Transportation
Healthcare
Risk Management
Public Safety
Legal
Insurance Claims
Risk Management
Compliance
Corporate Affairs
Fleet Administration
Safety & Security
Document Processing
Client Relations
Claims Adjuster
Insurance Agent
Legal Counsel
Risk Manager
Compliance Officer
Claims Manager
Personal Injury Lawyer
Insurance Underwriter
Legal Administrator
Settlement Officer
Corporate Counsel
Fleet Manager
Safety Officer
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