You should probably get the S12XCPUV1 Reference Manual (S12XCPUV1.pdf) and check chapter 7, Exception processing, for better information than what I can provide.
Basically, the processor will reset itself on an illegal address exception (what I called an address error), and if the watchdog times out (which catches a hung MCU due to a bus error). You do not have to do anything to reset the MCU; no handler is required. However, do note that after the MCU resets due to a COP time-out, the MCU fetches the address of the COP vector rather than the reset vector. You can use this COP vector to execute code that performs some sort of recovery action.
However, and this may have be what you were asking about earlier, you may want to set up your interrupt vector table so that for other spurious interrpts, the interrupt is cleared and simply returns. Check out the sample code provided with the CodeWarrior installation to see how the interrupt vector table is set up.
---Tom