What is an expressed waiver?

An expressed waiver is a type of waiver that is explicitly stated, typically in writing or through a signed agreement. This means that the parties involved have clearly articulated their intentions to relinquish a right or a claim in a definitive manner. Such waivers are often used in legal contexts to ensure that all parties understand the terms and the relinquishment of rights involved, providing clarity and reducing potential disputes.

For example, in the context of insurance, an expressed waiver might involve a policyholder signing a document that confirms they are waiving certain rights to coverage or benefits under a policy. This kind of explicit consent is crucial in various legal and contractual agreements, as it denotes a mutual understanding of the terms being agreed upon, thereby establishing a solid foundation for enforceability.