What is a Release of All Claims in a Personal Injury Case?

When a Las Vegas personal injury case is settled with the insurance company, the insurance company will require you to sign a document, called a “Release of All Claims”. This document is often referred to as a “Release”.

A Release is a document which completely ends your personal injury case against the other party. The Release spells out all of the settlement terms, in writing. As such, the Release sets forth the date of the accident and the amount of settlement for the injuries you sustained in the accident. The Release will also state that the settlement being offered, is the full and final amount you will receive from the at-fault person and their insurance company. 

A Release is usually a short document discussing the above. However, before you sign it, your accident attorney will review and go over the Release with you. The insurance company will usually require that you sign the Release in front of a Notary Public, which your personal injury attorney will have available.

Once the Release is signed by you, your lawyer will mail the original Release, as they will not accept photocopies, to the insurance company. When the insurance company receives the signed Release, they will then mail out the settlement check to your personal injury attorney.

Next time, we will discuss what happens when you are Medicare eligible, or will be eligible for Medicare within the upcoming two years from the date your case settles in Las Vegas Nevada.