Commercial Package Policy Insurance. By combining the components of two or more individual commercial insurance policies into one flexible package, the total premium is usually less than the combined premium of the individual policies. We partner with your agent and company to do an assessment to help find and limit potential risks.
A package policy is an insurance product that includes coverage for more than one type of insurance. A commercial package policy (cpp) gives business owners a wide range of essential property and liability coverage for the business enterprise. Policy limits are $1 million per occurrence, combined with $2 million general aggregate and $2 million products aggregate coverage.
A Commercial Package Policy Is A Bundle Of Insurance Coverages Tailored To The Needs Of A Business Owner.
However, while a bop has limitations—it is only available for certain types of smaller businesses and covers only a few types of risk—commercial package policies are available for a wide range of businesses, and. Raheja qbe general insurance company limited, cin: For businesses and other enterprises that don’t fit into one of our specialized programs (such as businessowners, bop select, or tradesman's programs), we offer our commercial package insurance policy.
Our Commercial Package Policy Offers Property And General Liability Insurance.
By combining the components of two or more individual commercial insurance policies into one flexible package, the total premium is usually less than the combined premium of the individual policies. Coverages, limits, features and availability vary by state. While the exact contents of a cpp can vary quite a bit, the basis of every commercial package policy includes two common forms of business insurance:
We Partner With Your Agent And Company To Do An Assessment To Help Find And Limit Potential Risks.
It is the framework onto which many different coverage options may be bolted on to create the coverage that fits your client’s needs and wants. Coverage availability on a cpp depends on the company and the program specifications. If you operate a business, our commercial package policy is for you.
The Options Available Create Flexibility That Allow A Package To Be Customized For Most Kinds Of Business.
Chubb’s commercial insurance packages enable agents and their clients to work together to design a custom insurance program for a specific company’s needs. Protection for products and completed operations and host liquor liability, and damage to premises rented to you. For example, liability and property insurance may both be included as a part of a package policy.
A Commercial Package Policy (Cpp) Is Bundled Business Insurance Coverage For Various Perils, Such As Commercial Crime, Commercial Property, And General Liability.
There are some coverages that a commercial package policy. A commercial package policy has 2 main features and benefits for your business: With a commercial package insurance policy, two or more individual commercial insurance plans are combined into one flexible package.