Glossary

Miscellaneous professional liability coverage is a form of errors and omissions (E&O) coverage provided for a variety of professionals and quasi-professionals, for which no standard policy form is available (as is available for the "traditional" professions such as physicians, accountants, and attorneys).

Miscellaneous type vehicles are property that has limited coverage under the unendorsed personal auto policy.

Misclassification claims are one of the two main types of wage and hour claims made by employees against their employers.

Misrepresentation is a false or misleading statement that, if intentional and material, can allow the insurer to void the insurance contract.

The misstatement of age provision is a provision in a life insurance policy that adjusts the amount of insurance when the insured's age was misstated on the application to the amount that the premium would have purchased at the correct age based on the insurer's rates at the date of policy issuance.

A mixed-motive evidentiary standard is an evidentiary standard that applies in certain employment discrimination cases.

Mix of services is a term used in conjunction with underwriting several types of professional liability insurance, notably accountants, lawyers, architects and engineers, and insurance agents.

Mobile equipment is a term that is defined in both the commercial general liability (CGL) and commercial auto policies.

A mobile home policy is a specialized form designed to meet the unique needs of mobile home or manufactured housing owners.

A model is a standardized, formulaic method of predicting future events using historical information.