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Accident Release Form
"Need an Accident Release Form to settle a vehicle collision that occurred in Singapore on January 15, 2025, with the insurance company offering a settlement of SGD 25,000 and requiring confidentiality provisions."
1. Parties: Identification of all parties involved in the release, including full legal names and addresses
2. Background: Details of the accident, including date, location, and circumstances leading to the release
3. Definitions: Key terms used in the agreement including 'Accident', 'Claims', 'Released Parties', and 'Settlement Amount'
4. Release Terms: Specific terms of the release including what claims are being waived and the scope of the release
5. Consideration: Details of payment or other consideration being provided in exchange for the release
6. Governing Law: Specification that the agreement is governed by Singapore law and subject to Singapore courts' jurisdiction
1. Insurance Details: Section covering insurance claim details, policy numbers, and insurer involvement in the settlement
2. Medical Information: Section detailing injuries sustained, medical treatment received, and current medical status
3. Confidentiality: Terms regarding the confidentiality of the settlement and restrictions on disclosure
4. WICA Compliance: Special provisions ensuring compliance with Work Injury Compensation Act where applicable
1. Schedule 1 - Schedule of Damages: Itemized list of all damages being compensated including medical expenses, loss of income, and other costs
2. Schedule 2 - Medical Reports: Copies of all relevant medical reports, assessments, and treatment records
3. Schedule 3 - Accident Report: Official accident reports, police reports, or other documentation of the incident
4. Schedule 4 - Settlement Calculation: Detailed breakdown of how the settlement amount was calculated
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