Before receiving a settlement check, what type of document do insurance companies typically ask you to sign?

Insurance companies typically require individuals to sign a "Release of all claims" document before receiving a settlement check. This document is crucial because it serves to formally conclude the claim process by indicating that the individual accepts the settlement and waives the right to pursue any further claims related to the same incident. By signing this release, the claimant acknowledges that they are satisfied with the settlement offered and that they will not seek additional compensation for damages in the future.

This not only protects the insurance company from future litigation regarding the same event but also ensures that the claimant cannot reopen or renegotiate the settlement once the funds are delivered. The other options, while related to insurance processes, do not specifically address the requirement for a release of claims, which is a standard procedure in settling insurance disputes.