What does Miscellaneous Liability Coverage mean? Read on to discover the definition & meaning of the term Miscellaneous Liability Coverage - to help you better understand the language used in insurance policies.
Miscellaneous Liability Coverage
A form of errors and omissions (E&O) coverage provided for a variety of professionals and quasi-professionals, including stock brokers, process servers, detective agencies, auctioneers, customs house brokers, franchisors, etc., for which no standard policy form is available (as is available for the "traditional" professions such as physicians, accountants, and attorneys). To tailor such policies to the particular profession involved, insurers generally append manuscript coverage provisions and exclusions.
We hope the you have a better understanding of the meaning of Miscellaneous Liability Coverage.