Document background
The Non-Waiver Agreement (Insurance) is a fundamental document in the Saudi Arabian insurance industry, used when an insurer needs to investigate a claim while maintaining its right to deny coverage. This document becomes necessary when there are questions about policy coverage, compliance with policy conditions, or potential coverage exclusions. The agreement, regulated under Saudi law and SAMA guidelines, ensures that the insurer's investigation activities are not interpreted as an admission of liability or waiver of policy defenses. It includes specific provisions about the investigation scope, parties' rights, and compliance with Shariah principles. The document is particularly important in complex claims where coverage issues may exist but require thorough investigation before a final determination can be made.
