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Definition: Release of All Claims A release of all claims form may be included as part of a settlement agreement. It is a document agreeing to resolve the parties' differences, dismiss their claims, and release the opposing parties from liability.This form is often included as part of a settlement agreement and it is a release of liability. Essentially, this form releases the other party from fault. A release of claims form is a document that absolves the defendant or their insurance company from all legal responsibilities associated with the accident. This Company Release shall constitute a complete defense to any Company Released Claim. However, the true purpose of a "release of all claims" form is to release the insurance companies and the other motorist of any future liability. I agree to the terms of this Agreement, and I am voluntarily signing this release of all claims. The purpose of a full and final release is simple. INSTRUCTIONS : Please complete both sections of this form, have both sections notarized, and return 3 copies with original signatures to: .