Which of the following is covered by a commercial package policy (cpp) quizlet

Property, Casualty, Crime, Auto, Inland Marine, Farm, and Equipment Breakdown are the modules covered choices in the CPP. Interline Endorsements on a Commercial Package Policy(CPP) are: endorsements that may be used with more than one line of coverage.

Which of the following is covered by a commercial package policy CPP?

A commercial package policy (CPP) is exactly what it sounds like—a package of commercial policies. A commercial package policy combines two or more coverages like commercial property and commercial general liability, business crime, equipment breakdown, inland marine, and commercial auto liability.

What is a commercial package policy CPP )?

Commercial package policies (CPPs) are insurance policies that combine policies, such as liability and property. These policies are often meant for small- to medium-sized businesses. CCPs can include general liability, property, auto, and crime policies, among others.

What are the three main parts of the commercial package policy?

The commercial package policy (CPP) program was started by the Insurance Services Office (ISO) in 1986. Every policy includes three standard elements: the cover page, common policy conditions, and common declarations (shown in Figure 15.1 "Links between the Holistic Risk Puzzle and Commercial Insurance").

What two components are part of every commercial package policy?

A commercial package policy (CPP) is an insurance policy that combines commercial general liability and commercial property insurance. A CPP lowers costs, broadens coverage, and simplifies the buying process.