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Glossary Home | Search Glossary | Submit New Term Care, custody, and controlPhrase in most liability insurance policies that eliminates from coverage damage or destruction to property under the care, custody, and control of an insured. Such coverage is excluded from liability policies because the insured either has some ownership interest in such property (better covered through property not liability insurance) or is a bailor of the property (and can better cover this bailment exposure through an appropriate bailee policy). Find a Real Estate Agent to help you to buy or sell a home |
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