Insurance Release Form Template for Hong Kong

1. Indemnification: Additional provisions for indemnifying the released party against future claims - used when there's significant risk of third-party claims

2. Return of Documents: Requirements for returning any relevant documents or materials - used when sensitive documents were exchanged during the claims process

3. Non-Disparagement: Provisions preventing parties from making negative statements about each other - used in high-profile or contentious cases

4. Governing Law and Jurisdiction: Explicit statement of Hong Kong law application and jurisdiction - used in cases with potential cross-border elements

5. Severability: Clause ensuring remaining provisions stay valid if any part is found unenforceable - used in complex settlements

6. Assignment: Restrictions on assigning rights under the agreement - used when there's risk of assignment to third parties

1. Schedule 1 - Policy Details: Details of the relevant insurance policy including policy number, type, and coverage period

2. Schedule 2 - Claim Details: Specific details of the claim being settled, including incident date, claim number, and nature of claim

3. Schedule 3 - Settlement Calculation: Breakdown of the settlement amount including any deductions or adjustments

4. Appendix A - Required Documents: List of documents to be attached or returned with the signed release form