What does Care Custody or Control mean? Read on to discover the definition & meaning of the term Care Custody or Control - to help you better understand the language used in insurance policies.
Care Custody or Control
An exclusion common to several forms of liability insurance, which eliminates coverage with respect to damage to property in the insured's care, custody, or control. Coverage for this exposure is available under other, more specific forms of insurance, such as motor truck cargo and garagekeepers insurance. In some cases, CCC has been determined to entail physical possession of the property; in others, any party with a legal obligation to exercise care with respect to property has been deemed to have that property in its CCC.
We hope the you have a better understanding of the meaning of Care Custody or Control.