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 ยง 824.]

[Blacks Law 8th]