Expose Reservation Of Rights
Reservation Of Rights Technical Terms
Reservation Of Rights : A statement by an insurer in which the insurer agrees to provide defense but does not agree (or deny) that it owes any payment on the claim. In essence, the company states that by providing defense it is not agreeing that monies are due and that it is proceeding to determine whether the claim involved is covered by the policy or not. In this circumstance, the insured may be left without funding at any time and may be asked to return any costs incurred.