A more thorough explanation:

A disclaimer is a statement that says you are not responsible for something. There are different types of disclaimers:

When an insurance company refuses to pay for something that is claimed, it is called an insurance disclaimer. For example, if you have car insurance but you get into an accident while racing, the insurance company may disclaim your claim because racing is not covered by the policy.

When someone gives up their right to a property, it is called a property disclaimer. For example, if someone inherits a house but they don't want it, they can disclaim it and it will go to someone else.

When someone says they are not responsible for something, it is called a non-responsibility disclaimer. For example, if two people have a business together but they decide to end the partnership, they may include a disclaimer in the agreement that says they are not responsible for each other's debts or actions after the partnership ends.

These examples illustrate how a disclaimer can be used to avoid responsibility or give up rights.