1. Insurance Claims: Include when there are insurance claims involved or potential future insurance claims to be addressed

2. Confidentiality: Add when parties wish to keep the terms of settlement confidential

3. Future Damages: Include when there's a possibility of future damages arising from the same incident

4. Third Party Rights: Add when the release needs to extend to related parties, employees, or agents

5. Severability: Include when parties want to ensure that if any provision is found invalid, the rest remains enforceable

6. Dispute Resolution: Add when parties want to specify alternative dispute resolution methods before litigation

1. Schedule A - Property Description: Detailed description of the damaged property, including photographs, value, and condition before and after damage

2. Schedule B - Damage Assessment Report: Technical assessment or evaluation of the damage, including repair estimates if applicable

3. Schedule C - Payment Details: Details of compensation amount, payment method, and schedule if payment is in installments

4. Appendix 1 - Photographs: Visual evidence of the damage and property condition

5. Appendix 2 - Related Documents: Copies of relevant insurance claims, police reports, or other incident-related documentation