What are manuscript forms in the context of insurance?

Manuscript forms refer to customized forms developed by surplus lines carriers specifically tailored to meet the unique needs of particular insureds or specialty risks. Unlike standardized forms that are widely available and regulated, manuscript forms allow insurers to modify policy language and terms based on the specific requirements of a client or the particulars of a risk. This flexibility is particularly beneficial in the surplus lines market, which often deals with unconventional or higher-risk ventures that standardized coverage may not adequately address.

The ability to create these customized documents helps surplus lines carriers provide more precise coverage options, addressing factors that might not be covered under standard insurance policies. Instead of adhering to a set of predetermined guidelines, manuscript forms enable a more personalized approach to insurance, reflecting the nuances of individual circumstances.