What is the purpose of a commercial package policy?
A commercial package policy (CPP) is an insurance 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 coverage.
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 is an ISO Commercial Package policy?
A package policy is an insurance cover which in addition to covering third party liabilities, covers the insured against damages caused to their own vehicle such as accidental damage, fire, vandalism, acts of god, natural calamities, etc.
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[PDF] Commercial Package Policy WBASNY
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[PDF] Chubb Masterpackage Commercial Package Factsheet
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[PDF] Commercial Policy Package (Small Business Solutions) - Retail
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[PDF] COMMERCIAL PACKAGE POLICY APPLICATION Short Form
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[PDF] Commercial Insurance - State Corporation Commission
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[PDF] Small Business Guide to Commercial Insurance
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