Tag: policy

what is a commercial package

Best answer A commercial package policy (CPP) is aninsurance policy that combines coverage for multiple perils, such as liability and property risk. A commercial package policy allows a business to take a flexible approach to obtain insurance covera

what is a package insurance policy

Best answer A package policy is aninsurance product that includes coverage for more than one type of insurance. For example, liability and property insurance may both be included as a part of a package policy. It is common for businesses that are lo