Severability of Interests

A policy provision that treats each insured under the policy as if they had their own separate policy, particularly regarding the application representations, exclusions, and coverage terms. Also known as the innocent insured provision, severability protects individual partners or associates when one attorney's misconduct (such as fraud or intentional acts) would otherwise void coverage for all insureds under the firm policy. Without severability, one partner's excluded conduct could leave the entire firm uninsured.