What does Care, Custody, and Control mean? Read on to discover the definition & meaning of the term Care, Custody, and Control - to help you better understand the language used in insurance policies.
Care, Custody, and Control
Care, custody, and control refers to a type of exclusion that is common in liability insurance. A care, custody, and control exclusion on a liability policy means that the insurer is not obligated to provide coverage for situations where the insured has another's property in their care, custody, or control. This often includes rented property and property that is being temporarily stored on the policyholder's premises.
We hope the you have a better understanding of the meaning of Care, Custody, and Control.